"The two proposals reflect different views of how best to support U.S. families and fuel economic growth.
On the one hand, Trump's plan would provide tax cuts for all income groups, but the biggest winners would be higher-income Americans.
The greatest benefits under Harris' plan would go to the lowest-income Americans, while she would up the taxes of the top-earning households.
"It's true that Trump looks like he's winner for everybody, but he'll provide much bigger giveaways to the top 1% and top 0.1%, whereas Harris will be negative for these people," said Kent Smetters, faculty director of the Penn Wharton Budget Model, a group within the University of Pennsylvania's Wharton School that analyzes the budgetary impact of government policies.
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"Ultimately, both plans would come with significant price tags, although the combination of Trump's tax cuts for corporations and individuals would prove more expensive, Penn Wharton forecast.
It estimates that his proposal would add $5.8 trillion to the federal deficit over the next decade, compared with $2 trillion for Harris' plan."
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Trump, the working man's man!
