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Day two of David Pecker testimony wraps in NY Trump trial; Supreme Court hears arguments on Idaho's near-total abortion ban; ND sees a flurry of campaigning among Native candidates; and NH lags behind other states in restricting firearms at polling sites.

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The Senate moves forward with a foreign aid package. A North Carolina judge overturns an aged law penalizing released felons. And child protection groups call a Texas immigration policy traumatic for kids.

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The urban-rural death divide is widening for working-age Americans, many home internet connections established for rural students during COVID have been broken and a new federal rule aims to put the "public" back in public lands.

Report: Trump Tax Plan Will Benefit Michigan's Richest

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Thursday, August 3, 2017   

LANSING, Mich. – The Trump administration's tax proposals would not benefit all taxpayers or states equally, according to new analysis.

A report from the Institute on Taxation and Economic Policy finds the richest 1 percent of Michiganders would receive more than 53 percent of the state's tax cuts under the plan, with the poorest 20 percent of the state's residents receiving less than 1 percent.

Matt Gardner, a senior fellow with the institute, says that trend is echoed on a larger scale.

"Richer states tend to do better, poorer states tend to do worse - in a way that mirrors what's happening nationwide, with richer Americans getting the lion's share of the benefits and poorer Americans being comparatively left out in the cold," he points out.

Proponents of Trump's proposal say all Americans will see their taxes reduced, and maintain the move will boost revenues by stimulating economic growth.

Gardner disagrees, and notes the nation's top earners will get an average of $145,000 in tax breaks, compared with just $130 for the bottom 20 percent of earners.

Gardner adds there's no evidence to support the supply-side argument that tax cuts can pay for themselves. He says the tradeoff on nearly $5 trillion in lost revenues would likely be cuts in health care, education and food-assistance programs.

"Under any realistic view of the economic consequences of this plan, we're going to see larger budget deficits,” he states. “First on the chopping block would be federal aid to low-income Americans."

The White House also has proposed cutting SNAP benefits, the program formerly known as food stamps, by 25 percent over the next decade.

According to recent statistics, 70 percent of SNAP recipients are children, seniors and people with disabilities, and more than 20 percent work full-time, are caretakers or are enrolled in training programs.





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