Pros And Cons Of Trump Tax Plan For Middle Class American People
321 Words2 Pages
Based on what I read about Trumps tax plan I found out that it is not a good plan for the middle-class American people. This plan not only takes from the middle-class but it is giving to the rich. This plan is only benefitting the upper-class Americans. Some pros I read about are that it would give families and businesses more money to spend. It also hopes to bring back approximately $2.5 trillion in cash that American companies have parked in foreign countries. But this plan also causes some cons, for example: it would add $7 trillion to the debt over the next decade, not everyone will be getting a tax cut, and the richest 1% will enjoy tax savings that are disproportionally larger than everyone else.
This plan as I have been saying will