• Improve greatest taxation rates into the wealthiest Americans so you’re able to 39.6 %. One of several 2017 tax cut’s clearest giveaways toward wealthy try cutting the top income tax rate away from 39.6 percent so you’re able to 37 per cent, exclusively benefitting the newest richest house-those in the major one percent. So it price reduce by yourself gives a few which have $dos mil within the nonexempt an annual taxation cut of more than $36,eight hundred. The brand new President’s plan restores the big tax class as to the they try before 2017 legislation, returning the interest rate to help you 39.6 percent, using in order to those people within the most readily useful one percent. (more…)