Extending Trump Tax Cuts Would Benefit Top Earners the Most: Treasury

Contributing sentiments towards policy:

52% : The report, published by Treasury's Office of Tax Analysis, examined a couple of different scenarios: either a full extension of the expiring individual and estate tax provisions of the 2017 law or a more modest extension that reversed the cuts for those with incomes above $400,000 a year and also allowed the business and estate tax cuts to sunset as scheduled.
50% : The report also finds that, while taxpayers across all income levels would see lower tax bills on average, top earners would get by far the largest boosts in after-tax income.
38% : Republicans eye $5.7 trillion menu of cuts: President-elect Donald Trump wants to extend all the expiring tax cuts and has also made campaign promises to end the taxation of tips, Social Security payments and overtime wages, which would raise the total cost.

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