October 18th, 2017 by WCBC Radio
President Donald Trump's top advisers said this week his proposed tax plan would not cut taxes disproportionately for the rich — despite an early non-partisan analysis that says it will. Maryland Democratic Senator Chris Van Hollen says he doesn’t buy it. 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. But White House budget director Mick Mulvaney says it is too early for analysts to gauge that figure because the plan leaves out for now many crucial details, such as which income levels the new tax brackets would apply to. Van Hollen is among those skeptical of the plan…
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