An economic analysis of the far-right Project 2025 agenda crafted by at least 140 former Trump administration officials shows that the plan would result in higher taxes on working-class Americans and "corporate welfare" for the rich and large businesses.
Conducted by the Democrats on the Joint Economic Committee (JEC), the new analysis notes that Project 2025's sprawling "Mandate for Leadership" would establish a "two-rate individual tax system of 15% and 30% that eliminates most deductions, credits, and exclusions."
Such a system, according to the JEC, "would force many middle-class families to pay thousands of dollars more in tax payments."
