by Dramelin 11:00 PM 0 comments

However, an independent analysis of Trump?s campaign tax plan found that it would provide the biggest tax cuts to high-earning individuals.
By contrast, taxpayers in the middle fifth of incomes would get a tax cut of about $1,010, or 1.
8 percent of after-tax income.
The proposal would raise more than $1 trillion over 10 years, based on an independent estimate -- making it central to GOP hopes of offering tax rate cuts to businesses and individuals.
That plan, which would replace the current 35 percent corporate income tax with a 20 percent tax on companies? domestic sales and imports, has divided corporate America -- and the president?s own White House staff.
Retailers? OppositionRetailers, automakers and oil refiners that rely on imported oil oppose the plan and say it would mean higher costs for consumers.