Donald Trump is set to announce a tax plan that is a huge giveaway to corporations and the uber wealthy. The New York Times says some of the the winners in this tax plan would be “businesses with high tax rates, high-income earners, people with creative accountants, multimillionaires who want to pass money to their heirs tax-free and Donald J. Trump.” How about the losers? George Stephanopoulos asked Treasury Secretary Steve Mnunchin if he could guarantee the middle class wouldn’t pay more under the Trump tax plan and here was his troubling response:
Much like the border wall Trump promised Mexico would pay for, looks like the burden of the tax break for the wealthy will also fall on the backs of the middle class taxpayers.