Donald Trump has proposed a very detailed tax plan — but his statements on the campaign trail don’t always match what his proposal would really do.
And at least half of Trump’s supporters agreed with him on that, according to a pre-election survey by RAND Corp., a research group.
“Just before the election, after the last debate, 51 percent of them intending to vote for Trump supported increasing taxes on high-earning individuals,” says Michael Pollard of RAND.
But Trump’s plan does the opposite, says Lily Batchelder, a law professor at New York University and visiting fellow at the Tax Policy Center.
“If you look at the most wealthy, the top 1 percent would get about half of the benefits of his tax cuts, and a millionaire, for example, would get an average tax cut of $317,000,” she says.