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Trump Promises Benefits for Millions of Americans From Tax Plan

Oct 12 , 2017

President Donald Trump said his tax plan would simplify the tax code and save money for millions of U.S. businesses and families as he campaigns against criticism the proposal is a giveaway to the rich.

“All I can say is, ‘you better get it passed,’’’ Trump said of Congress on Wednesday in Harrisburg, Pennsylvania, during a speech to a group of truck drivers. “They will, I know.”

Democrats say that the tax overhaul’s benefits are skewed to the wealthy, and an independent analysis found that the plan may actually raise taxes on nearly a third of middle-class families, criticism that is weighing on Trump’s plan. A study by the nonpartisan Urban-Brookings Tax Policy Center, which used details from previous Republican plans to fill in gaps in the president’s framework, found the Trump plan would raise taxes for almost 30 percent of filers making $50,000 to $150,000 per year.



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