GOP Tax Plan: Hidden Truth Revealed, Poor Pay More, Rich Get Tax Cuts
Despite a lack of transparency regarding the Trump administration’s communication practices, the White House released a Joint Committee on Taxation report detailing the impact of the proposed tax plan. This report reveals that while higher earners will receive significant tax cuts, those making under $30,000 annually will experience tax increases in 2029. The poorest Americans, earning less than $15,000, face a 53% tax hike. While the White House highlights more favorable 2027 projections, omitting other tax changes and the expiration of temporary cuts reveals the plan’s disproportionate benefit to the wealthy.
John Q. Hosedrinker