Holistic Budget

The VP Debate - Trump Tax Plan


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You probably have heard this administration talk extensively about the Trump Tax Plan, or officially known as the Tax Cuts and Jobs Act. They have been talking about it more recently in this election cycle - the fear of it being taken away by a Biden/Harris administration. Pence doubled-down in the VP debate, saying it would hurt the middle class and hard-working Americans. But what exactly has the TCJA done for everyday Americans, and why are they so afraid of it being taken away? Find out while I dissect a very distinct, yet powerful part of this historic tax cut. 
CORRECTION: the top corporate tax rate was 35%, mistaken for the previous top individual tax rate.
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Holistic BudgetBy George Azar