Trump Tax Plan Would Raise Taxes on Many Middle-Income Families

“White House economic adviser Gary Cohn said a ‘typical’ American family making about $100,000 would get a tax break of about $1,000. [Editor’s Note: typical American family earns $59,000.] ‘If we allow a family to keep another $1,000 of their income, what does that mean?’ he asked. ‘They can renovate their kitchen. They can buy a new car. They can take a family vacation. They can increase their lifestyle.'” [Editor’s Note: Where are new cars sold for $1000?]   Billionaires out of touch with the real world.  More …

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