Is Tax Reform a Giveaway to the Rich?

Is Tax Reform a Giveaway to the Rich?
US President Donald Trump speaks to the press on arrival in Fort Myers, Florida, on September 14, 2017. He addresses questions about whether his tax reform plan would benefit the high-income households. BRENDAN SMIALOWSKI/AFP/Getty Images
Emel Akan
Updated:

Opponents of tax reform argue that the tax cuts will mainly benefit wealthy Americans, rather than the ones who need it the most. However, President Donald Trump said he prefers a plan that favors the middle class and focuses on bringing back American companies and jobs.

“The wealthiest Americans are not my priority. My priority are people in the middle class and that’s where we’re giving the big tax reduction to,” he told reporters in Fort Myers, Florida on Sept. 14.

Emel Akan
Emel Akan
Reporter
Emel Akan is a senior White House correspondent for The Epoch Times, where she covers the policies of the Trump administration. Previously, she reported on the Biden administration and the first term of President Trump. Before her journalism career, she worked in investment banking at JPMorgan. She holds an MBA from Georgetown University.
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