Analysis of Trump's Tax Proposals (2024):

• Tax cuts for top 5%, increases for others
• Richest 1% get ~$36,300 cut, middle 20% face ~$1,500 hike
• Key proposals: Extend 2017 tax cuts, exempt certain incomes, cut corporate tax, repeal green energy credits, impose new tariffs
• Tariffs would offset tax cuts for most income groups
• Working-class families face highest increases as % of income
• Corporate tax cuts benefit high-income and white households most
• Proposed tariffs expected to significantly disrupt economy and raise consumer prices