Project 2025 tax project 2025 tax plan would cut taxes for households making more than 10 million a year. By an average of 2. 4 million a year. Which is great news, for the hyper wealthy. But what about for the rest of us . This is a visualization of the added tax burden for these middleclass married couples with two children under project 2025 tax plan. Families by that description that make anywhere between 35,000 a year and 175 a year would all see their taxes go up. A married couple making a collective 80,000 a year would see nearly 2000 more in federal taxes a year. The same is true for single americans. Every american making between 75 and 85,000 a year would see their taxes go up. There is a very good reason that donald trump claims to have nothing to do with project 2025 every time hes asked. Now, compare the nonsense in here to Vice President harriss tax proposal. At the core of the proposal is a continuation of the Biden Administration promise that no one making less than 400
It is tuesday, so i must be talking about, you guessed it, project 2025. Digging through this 900page tome is my work until election day. Then theres this other part, cutting taxes for corporations and the wealthiest among us. Now, today the progressive think tank, center for American Progress, released an analysis of what project 2025s tax plan would actuallys look like for Americas Bank accounts if trump enacted it. The top lines in this thing are amazing. According to the center for American Progress project 2025s tax plan would cut taxes for households making more than 10 million a year by an average of 2. 4 million a year, which is great news for the hyperwealthy, but what about for the rest of america . Check out this chart. This is a visualization of the added tax burdensu for a middle class a married couple with two c children under project 2025s tax plan. Under the plan families by that description that make anywhere between 35,000 a year and 170,000 a year would all see their
Lines of russia s war against the now they re president harris and tim waltz agree to their first formal interview as presidential ticket and it s happening here on cnn, the latest on how it came to be but it will look like and the stakes involved also tying jack smith s surprise, new indictment of the former president and how he slimmed down the election interference case to a standing supreme court scrutiny. And what it means for when the trial might happen and later, his brother says, god wrote him another life and israeli father of 11 rescued from a tunnel and we re reunited with his family after more than 300 days held captive in gaza. Good evening. Thanks for joining us. We begin with vice president harris meeting a deadline. She said 2. 5 weeks ago i ve talked to my team, i want us to get an interview scheduled before the end of the month in the 19 days since she said that she s talked in formally and briefly with reporters, but not done a formal sit down interview despite calls
Until election day. I have read it to you do not have to. It has plans for every aspect of the federal government, mostly shrinking it except where it allows the government to control the lives of the citizens. And then there s this other part about cutting taxes for corporations and the wealthiest. Today center for american progress released an analysis of what project 2025 tax plan would actually look like for america s bank accounts it trump enacted it. Top lines are amazing. According to them, the tax plan would cut taxes for households making more than $10 million a year. By an average of $2. 4 million a year. That s great news for the hyper wealthy. What about the rest of america? this is a visualization of the added tax burden for a middle class a married couple with two children under plan. Families by that description that make $35,000 a year and $170,000 a year would all see taxes go up. For example a married couple making $80,000 a year would see nearly $2000 more in federal
Asks of you, as well, to accept short term pain for long term good, the difficult trade off for the genuine solution. And i know that after all that you have been through, that is a really big ask and really difficult to hear. That is not the position we should be in. Its not the position i want to be in, but we have to end the politics of the easy answer that solves nothing. Lets speak to our political correspondent, nick eardley, at westminster. What big asks is he talking about . That is the million question, and i think what was pretty clear from keir starmer is that the next few months are not going to be that much fun actually when it comes to government announcements. The most striking bit for me was when he said the budget is coming in october and it will be painful, those with the broadest shoulders will face the heaviest burden. Absolutely clear there will be some really unpopular announcements in that budget, perhaps around attacks, perhaps focus more on people with higher i