Source: Citizens for Tax Justice, September 2015 and February 2016.
Populism and Plutocrats: A Taxing Tale
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Populism and Plutocrats: A Taxing Tale

The media take on the 2016 White House race paints both Bernie Sanders and Donald Trump as outsiders out to shake up the system. But Trump’s shaking would leave the big winners under America’s current system — the 1 percent — winning even bigger.
Published on: Mar 4, 2016
Published in: News & Politics      
Source: www.slideshare.net


Transcripts - Populism and Plutocrats: A Taxing Tale

  • 1. Source: Citizens for Tax Justice, September 2015 and February 2016. Populism and Plutocrats: A Taxing Tale Change in after-tax income, 2016, under Trump tax plan The conventional media take on the 2016 White House race paints both Bernie Sanders and Donald Trump as outsiders out to shake up the system. But Trump’s shaking, an analysis of the candidates’ tax plans shows, would leave the big winners under America’s current system — the 1 percent — winning even bigger. $250 $2,571 $184,268 $0 $60,000 $120,000 $180,000 Bottom 20% Middle 20% Top 1% $450 $3,240 ($180,000) ($120,000) ($60,000) $0 $60,000 Bottom 20% Middle 20% Top 1% Change in after-tax income, 2016, under Sanders tax plan Under the Sanders tax plan, designed to fund his program for universal health coverage, 1 percenters would end up paying far more in taxes than they do now. After-tax increase in top 1% incomes After-tax decrease in top 1% incomes $159,980

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