Trump Tax Plan Favors the Ultra Rich

Trump promised “massive tax cuts” but here’s what the Tax Policy Center concludes after looking at the details:  Under the Trump tax plan, a millionaire would get an average tax cut of $317,000, but a family earning between $40,000 and $50,000 a year would get a tax cut of only $560, and millions of middle-class working families will see their tax bills rise under Trump’s plan — especially single-parent families.  Trump’s tax plan also would eliminate a federal estate tax that currently only applies to fewer than 1% at the top of the economic heap.