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November 3, 2017

How would tax plan affect middle class?

  • The GOP proposal's conflicting provisions and phase-outs of certain benefits suggest that taxes could rise for some middle class earners over time.
  • By JOSH BOAK
    AP Economics Writer

    WASHINGTON — House Republicans have stressed that the tax plan they unveiled Thursday is tailored to benefit America's middle class. Just how much it would remains uncertain based on the details that have been provided so far.

    What is clear is that many of the benefits for the middle class could dwindle over time, even while companies and wealthy individuals could enjoy lasting tax advantages.


     
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