Center for American Progress

Trump’s infrastructure plan leaves U.S. behind, enriches Wall Street
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Trump’s infrastructure plan leaves U.S. behind, enriches Wall Street

Kevin DeGood explains how President-elect Donald Trump's infrastructure plan would benefit investors over working families.

During his post-election victory speech, Donald Trump promised to rebuild America’s infrastructure and make it “second to none.” Unfortunately, his plan fails to address the country’s critical infrastructure needs while delivering a windfall for Wall Street at the expense of middle-class families.

The beating heart of the Trump plan is a combination of new tax credits for investors, and tolls and other user fees for Americans. That means huge profits for wealthy Wall Street investors and less money in the pockets of working families. Unsurprisingly, Wall Street is aggressively supporting Trump’s plan.

The above excerpt was originally published in MarketWatch. Click here to view the full article.

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Kevin DeGood

Director, Infrastructure Policy