tax law

Is the Middle Class Really Paying Less Under the Trump Tax Law?

President Trump claims his tax law was a “middle class miracle.” But the numbers tell a
different story.
Trump Tax Plan:
Who Benefits
83%

of the tax law’s benefits go to the top 1% by 2027—not the middle class.

Effective Tax Rates
by Income
Top 400 Bottom 50%
Rates include federal, state, local, sales, estate, corporate and property taxes
Source: Emmanuel Saez and Gabriel Zucman
The 400 wealthiest families now pay a lower tax rate than middle-class families, thanks in part to the Trump tax law.
91big corporations paid
zero dollars
in federal taxes
in 2018 under Trump’s tax law.
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