President Donald Trump’s top advisers said Sunday his proposed tax plan would not cut taxes disproportionately for the rich — despite an early non-partisan analysis that says it will. The White House and congressional Republicans released the broad strokes of a plan last week that would dramatically cut corporate tax rates from 35 percent to 20 percent, reduce the number of personal income tax brackets and boost the standard deduction. The Tax Policy Center of the Urban Institute and Brookings Institution released an analysis Friday that found the plan would deliver 50 percent of its total tax benefit to taxpayers in the top 1 percent, those with incomes above $730,000 a year. read more https://www.washingtonpost.com/nati...7140d2eed02_story.html?utm_term=.312a911874c6
