Tax Bill Contradicts Trump Populism of 2016

First Read: “During the ’16 campaign, as well as in his first months in office, Trump called for raising taxes on the wealthy; he talked about giving power back to the people; and he promised that he wouldn’t benefit under the tax bill.”

“In fact, while most Americans would get a tax break in the legislation’s first year, more than 80 percent of the bill’s benefits would go to the Top 1 percent of taxpayers by 2027, according to the nonpartisan Tax Policy Center. And yes, the legislation’s provision to allow the super-wealthy to pass up to $22 million tax-free to their heirs (up from the current $11 million) would benefit Trump and his family.”

“Ask yourself: Does this legislation help or hurt Trump in Michigan, Pennsylvania and Wisconsin?”