Raw: [Opinion | Your total tax burden would probably go up under Trump. Yes, up. The Washington Post] {Article Source: https://www.washingtonpost.com/opinions/2024/05/21/trump-tax-rates-tariffs/}
Accessibility statementSkip to main contentDemocracy Dies in DarknessSign inDemocracy Dies in DarknessOpinionsColumns Editorials Guest opinions Cartoons Submit a guest opinion Today's Opinions newsletter OpinionsColumns Editorials Guest opinions Cartoons Submit a guest opinion Today's Opinions newsletter Opinion Your total tax burden would probably go up under Trump. Yes, up.Think a second Trump term would be better for your finances? Think again.By Catherine RampellColumnist|Follow authorFollowMay 21, 2024 at 7:00 a.m. EDTThe Tax Cut and Reform Bill, a $1.5 trillion tax overhaul package, is seen after it was signed by President Donald Trump on Dec. 22, 2017. (Jabin Botsford/The Washington Post) Listen5 minShareComment on this storyCommentAdd to your saved storiesSaveIf you are poor or middle-class, expect your effective tax burden to go up under another Trump presidency.Yes, up.That’s according to a new analysis from the Peterson Institute for International Economics (PIIE) assessing the winners and losers of Donald Trump’s tax agenda, including not only his income tax breaks but also his tariffs (that is, import taxes). Most people come out behind; only the highest-earners come out ahead.Share CommentsPopular opinions articlesHAND CURATEDOpinion|Six experts weigh in on the ICC’s warrants on Israeli and Hamas leadersMay 21, 2024Opinion|Six experts weigh in on the ICC’s warrants on Israeli and Hamas leadersMay 21, 2024Opinion|Republicans discover a secret elixir that cures dementia with one doseMay 21, 2024Opinion|Republicans discover a secret elixir that cures dementia with one doseMay 21, 2024Opinion|Trump is making a strategic pitch to Arab Americans who feel betrayed by BidenMay 20, 2024Opinion|Trump is making a strategic pitch to Arab Americans who feel betrayed by BidenMay 20, 2024View 3 more storiesSign upTOP STORIESWorld newsEssential reporting from around the worldMiddle East conflict live updates: Israel tells negotiators to continue hostage talks after video releasedChina begins military drills around Taiwan as ‘punishment’ for new presidentHow Mexico’s cartels infiltrated the tortilla business backTry a different topicSign in or create a free account to save your preferenceswashingtonpost.com © 1996-2024 The Washington Postwashingtonpost.com © 1996-2024 The Washington Post
