Trump’s Tax Breaks in Numbers: State by State Analysis of Three Income Groups

Newsweek: Poorest Americans in 9 States Pay More Because of Trump Tax Breaks—Study

InvestorsObserves’ report, based on analysis by the Institute on Taxation and Economic Policy, found that the impact of the Trump administration’s OBBB is heavily tilted in favor of those already at the top.

Poorest Americans in 9 states pay more because of Trump tax breaks—Study

In a number of states, including Florida, the poorest residents have seen a tax hike as a result of OBBB, the study shows.

Trump’s tax breaks in numbers: state by state analysis of three income groups

New state-by-state research by InvestorsObserver finds that President Trump’s tax bill raises taxes on the poorest families in multiple states, even as it delivers five-figure cuts to the wealthiest households.   The report, based on nonpartisan analysis by the Institute on Taxation and Economic Policy, reveals strong disparities: in Montana alone, the richest residents receive tax breaks 2,194 times larger than the poorest taxpayers – enough to…