Everything you need to know about Trump’s tax cuts. Remember this.

Everything you need to know about Trump’s tax cuts. Remember this.

Robert Reich – March 4, 2025

May be an image of text that says 'Distribution of Trump's Proposed Tax Cuts in 2026 in the United States Share of tax cuts by income group 68% Richest 1% Next Richest 4% 17% 1% 10% 4% Next Richest 15% Poorest 20% $0- $28,600 Second 20% $28 $28,600- 600 $55,100 Middle 20% Fourth 20% $55,100- $94,100 $94,100 $157,500 Income Range Source: Institute on Taxation and Economic Policy, February 2025 Richest 20% $157,500 and above Institute on Taxation and Economic Policy ITEP.org'

Author: John Hanno

Born and raised in Chicago, Illinois. Bogan High School. Worked in Alaska after the earthquake. Joined U.S. Army at 17. Sergeant, B Battery, 3rd Battalion, 84th Artillery, 7th Army. Member of 12 different unions, including 4 different locals of the I.B.E.W. Worked for fortune 50, 100 and 200 companies as an industrial electrician, electrical/electronic technician.