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Trump's white house accidentally admitted the truth about his tax plan

The word “transparency” certainly does not describe the second government of President Donald Trump. For example, while transcriptions of all of his comments were published in his first term, a Huffpost analysis showed that less than a quarter of his speeches, press conferences and media orders for posterity were transcribed for posterity in his second term.

This makes it all the more remarkable that the White House published evidence at the beginning of this week that the “large, beautiful bill” of the president increases taxes on the arms to reduce taxes for the rich.

In 2029, Americans paid less than 30,000 US dollars in the GOP plan than according to the applicable law.

On one page with the title “Icymi:” Taxation of the average earners, the forecasts say: “The white house contains a link with the text” Click here to see the official analysis of the joint taxation committee. “(Update: After the publication, the link to JCT analysis was no longer worked. Here you can access an archived version of the analysis.) The joint tax committee is an impartial committee that creates, among other things, distribution tables that create the division of the different levels of income through new tax laws.

As Aaron Fritschner, head of the democratic MP Don Beyer, the JCT report emphasized that the White House itself contains a rather flattering data point on its tax plan – at least with regard to some of the most at risk.

In 2029, Americans paid less than 30,000 US dollars in the GOP plan than according to the applicable law. Americans earn less than $ 15,000 – the poorest of the poor – 53% more tax will pay than now, since their average tax rate increases from 3.3% to 5.1%. In the meantime, households, which are over one million, pay 6.4% less taxes (an estimated 74 billion US dollar in total), since the average rate drops from 30.8% to 28.7%.

According to JCT, Americans who earn over 30,000 US dollars receive a tax cut. But as Brendan Duke from the Center for Household and Political Priorities, these numbers contain no other tax laws such as the higher threshold for the estate tax or the cuts in programs such as Snap and Medicaid, which mainly benefit the arms or the effects of the president's tariffs. If you add them, the advantages of the Republican invoice to the richest Americans will be distorted even more. In fact, the New York Times reports that the economist of the Penn Wharton Household Model, another referee outfit, “found that many Americans who earn less than $ 51,000 a year would fall their income after taxes due to the Republican proposal from 2026.”

The White House illuminates the estimates of the JCT for 2027 if only Americans are exposed to less than 15,000 US dollars of a tax increase and are higher all over the line. This is because the current GOP calculation has a number of temporary new tax benefits. And although the cuts are the most generous for the rich (such as the higher estate tax threshold), there are other cuts such as the “senior bonus”, which replaces Trump's promise of “No tax on social security”, just a few days before Trump's end of the term. How effective such limited cuts would be is questionable. Don't take it from me: Adam Michel, the director of tax policy studies at the Libertarian Cato Institute, dismissed the short -term cuts as “simply giveaway for targeted demography”.

But for a short window, Trump and company can pretend their bill – provided they do not count these cuts at Medicaid Snap or the comprehensive tariffs that, regardless of how much Trump, are otherwise.

At the moment, the Mega-Bill of the GOP has stalled after five Republicans voted against the budget for the budget on Friday. The committee is scheduled to appear again late Sunday evening. But don't let your hopes affect your hopes: The holdouts were more conservative representatives who want even more spending cuts for programs such as Medicaid. For them, the suffering of the poor Americans is not a budgetary mistake. It is a function.

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