Trump’s new tax plan, which was released Thursday, is expected to raise taxes on many middle-class families.
That could have a major impact on how many families have access to the most generous tax breaks.
According to a new report from the Joint Committee on Taxation, the plan would raise the top individual income tax rate from 39.6 percent to 39.9 percent, while the top corporate tax rate would go up from 35 percent to 35.9.
The plan also would repeal a provision that limits how much taxpayers can deduct for mortgage interest, and would eliminate the estate tax, which limits the amount people can claim as their own personal tax liability.
This would likely raise the cost of buying a home by an average of about $30,000, according to the JCT.
This is because many people will have to pay taxes on their mortgage, and that’s not something they can deduct on their tax returns.
Another big change in the plan is a reduction in the corporate rate from 35 to 25 percent.
This could have the effect of cutting taxes on large corporations, such as Amazon, which has been hit hard by the stock market crash.
Other major changes include an expansion of the child tax credit, which would allow more parents to take the tax credit on their own children’s behalf.
This will likely increase the number of families eligible for child tax credits, but it could also have a negative impact on the tax-credit eligibility for some people who are working and don’t have children.
Finally, the JCP found that the plan includes some of the most regressive changes in the tax code.
In particular, the report found that a few provisions in the bill would benefit wealthy Americans, while also hurting middle-income households.
The biggest change would be the elimination of the state and local tax deduction.
That would mean that wealthier Americans would pay more in taxes, but they would also pay less in income taxes.
The tax break would be expanded to people with income over $5 million.
Another big break for the wealthy is the elimination and elimination of a deduction that currently benefits families making over $200,000 a year.
The change would help families like Trump’s, but many middle and low-income families would likely see their taxes go up.
Even without these changes, the Trump plan would add about $5 trillion to the deficit, the Joint Tax Committee found.
While the plan could help lower the cost to consumers, it’s important to keep in mind that it also increases the tax burdens on the rich.
The proposal would raise taxes for those making more than $400,000 per year.
The Trump tax plan is expected not to increase taxes on middle- and lower-income Americans.
The top individual tax rate will remain at 39.8 percent, but the new plan would also reduce the estate taxes from 35% to 35 percent.
The JCT found that many people would likely have to contribute more to their tax liability in order to qualify for the additional tax breaks in the package.
This would mean higher income taxes for many families.
The plan also lowers the corporate tax from 35%, but also includes a number of tax breaks for corporations.
These include a reduction of the corporate income tax from 39 percent to 33 percent, and a reduction for companies that take advantage of the accelerated depreciation of equipment.
The plan would eliminate two of the biggest tax breaks that benefit middle-Class Americans: the child and state and city tax breaks, which provide millions of dollars in tax relief to families.
These tax breaks are particularly important for families with children, as it allows them to keep more of their tax bill.
A number of wealthy individuals would also benefit from the plan, but there would be a number limits on their deductions and the types of tax deductions they could take.
For example, the richest 1 percent of Americans would only be able to take a deduction for mortgage-interest payments and the value of their house.
Additionally, the tax plan contains a few other provisions that are likely to have a significant impact on lower- and middle-middle-income people.
The largest of these would be changes to the child credit.
Under the plan that was released, anyone earning $250,000 or more a year would be able take the credit on any income over the maximum amount allowed by the Internal Revenue Code.
But the new tax bill would raise that limit to $1 million, which is a much higher amount than most middle- or low-class Americans would have to be willing to pay.
The JCT said that these changes would increase inequality.
As of now, there are roughly one million families in the United States with a total income over a certain threshold, the most extreme of which would be $250 million.
The average income for these families is around $62,000.
It would be more difficult for the Trump