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Conservatives Angry That Biased Media Accurately Reports Who Gets Trump Tax Cuts

Source: nymag.com - Apr 28, 2017

During his presidential campaign, Donald Trump promised that he would ultimately support a plan that would raise taxes on high-income earners, including himself. “It’s going to cost me a fortune, which is actually true,” he said at one point, going out of his way to emphasize that this promise was one of his rare, non-false claims (“which is actually true”). His Treasury secretary later promised that the Trump tax plan would not provide high-income earners with net tax reduction. So when Trump unveiled his tax plan this week, the most important revelation was that Trump’s promise was not actually true. His plan describes a massive tax cut for the rich.

A number of conservatives — Kimberley Strassel, Rich Lowry, Guy Benson — took exception to a New York Times headline emphasizing the plan’s regressive nature. But the fact that the plan would overwhelmingly and disproportionately benefit the affluent is not only undeniable, but is the sole, clear effect of an otherwise hazy proposal.

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Category: General Business