Readers’ best responses: Trump relies on falsehoods to sell his plan
President Trump’s column “Morning in America dawns again” contained numerous misleading assertions:
- He said his plan is aimed at middle-class families. In fact, the richest 1% (people making more than $900,000 a year) will receive 80% of the tax cuts by 2027.
- He said the U.S. is “among the highest-taxed nations in the developed world.” In fact, among advanced economies, we rank 32nd out of 35 in tax revenue as a share of our economy.
- He claims that one of the tax cuts in his plan is for “small and medium-sized businesses.” It’s actually a new loophole for wealthy business owners like Trump himself that leaves out the vast majority of businesses.
The above excerpt was originally published in USA Today. Click here to view the full article.
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