President Trump's recent plan for tax reform gives huge tax cuts to corporations and the very rich. Totally forgotten are hard-working Americans at the bottom, those who can't take a mortgage interest deduction because they don't own a home. Those not from wealthy families (like the Trump children) and won't be getting a massive, untaxed inheritance.
Taxpayers fund over $400 billion in tax incentives to help wealthier Americans build more wealth. But nothing exists to help lower-income workers save.
Trump's plan would make things worse. His tax proposal would widen the gross wealth inequality that already exists.