Project 2025’s Tax Plan Would Raise Taxes on the Middle Class and Cut Taxes for the Wealthy

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Project 2025’s Tax Plan Would Raise Taxes on the Middle Class and Cut Taxes for the Wealthy

Large majorities of Americans worry that the tax system is unfair, with the wealthy and corporations paying less than their fair share. Yet in the extremist Mandate for Leadership, dubbed “Project 2025: Presidential Transition Project,” far-right extremist plans are outlined that raise taxes on low- and middle-income households to finance tax cuts for the wealthy and large corporations. Project 2025’s tax plan includes an “intermediate tax reform” that includes changes to tax brackets and corporate tax cuts that would shift the tax burden toward middle-income households. And the “fundamental tax reform” it proposes would replace all individual income and corporate taxes with consumption taxes.

https://www.americanprogress.org/article/project-2025s-tax-plan-would-raise-taxes-on-the-middle-class-and-cut-taxes-for-the-wealthy/

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