numberwang said:
Yes, poor and lower middle clas still pay a lot of other taxes like sales, fuel taxes, government fees and indirectly property tax through their rent. Death and taxes are for sure. The article still does not explain how poor will pay higher taxes if none of these changes effect them (income/corporate/inheritance). |
I believe that document is outdated. Here is the new proposal:
https://www.speaker.gov/sites/speaker.house.gov/files/Tax%20Framework.pdf
One of the differences, for example, is the zero tax bracket is about half of what it was in the original Trump plan that you are going off of.
(thats numberwang)
Oh, and heres a graph showing how the richer you are, the more this tax change helps you, not just in raw numbers, but proportionally:








