Who Benefits From Donald Trump’s Tax Plan?

The Tax Policy Center has published a new estimate of Donald Trump’s tax plan. But wait! Don’t go away yet! You’re right that the results are pretty much the same thing we’ve seen from every Trump tax plan—and, for that matter, from every Republican tax plan over the past few decades:

The poor and the middle class get a teensy little benefit while the rich get a huge benefit. But then TPC asked another question: eventually this tax cut will be paid for, either in spending cuts or future tax increases. Spending cuts seem most likely as long as Republicans are in charge. If we generously assume that everyone shoulders an equal share of the spending cuts—as opposed to the more likely scenario of the poor shouldering most of the cuts—what does the Trump tax plan look like then?

Over the long term, this is most likely what Trump’s tax plan will look like. The poor, the middle class, and even the upper middle class see their incomes go down, while the top 10 percent see an increase and the top 1 percent see a huge increase. Welcome to Trumpland.

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Minority rule, corruption, disinformation, attacks on those who dare tell the truth: There is a direct line from what's happening in Russia and Ukraine to what's happening here at home. And that's what MoJo's Monika Bauerlein writes about in "Their Fight Is Our Fight" to unpack the information war we find ourselves in and share a few examples to show why the power of independent, reader-supported journalism is such a threat to authoritarians.

Corrupt leaders the world over can (and will) try to shut down the truth, but when the truth has millions of people on its side, you can't keep it down for good. And there's no more powerful or urgent argument for your support of Mother Jones' journalism right now than that. We need to raise about $450,000 to hit our online fundraising budget in these next few months, so please read more from Monika and pitch in if you can.

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