The report reveals a stark reality where Trump's tax policy would impose an average tax increase of $1,530 on the middle class while benefiting the wealthiest 5 percent. This contradicts his campaign claims of universal tax cuts.
According to the Institute on Taxation and Economic Policy, 'Taken together, these proposals would lead to a tax cut for the richest 5 percent of Americans and a tax increase for all other income groups,' illustrating a clear disparity in Trump's economic plan.
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