Regular readers of Tax Foundation reports know that we publish estimates of the distributional impact of federal tax changes: that is, we estimate how a tax reform might affect the after-tax incomes of taxpayers at...
- Putting a Face on America's Tax Returns: Chart 2
Putting a Face on America's Tax Returns: Chart 2
Key Findings Republican presidential candidate Donald Trump’s tax plan would significantly reduce income taxes and corporate taxes, and eliminate the estate tax. According to the Tax Foundation’s Taxes and Growth Model, the plan...
Key Findings Average wage earners in the United States face two major taxes: the individual income tax and the payroll tax (levied on both the employee and the employer). Although a little more than half of a U.S. worker’s payroll tax...
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