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NEW: Americans in nearly every income group are paying more under President Trump's second term in 2026. The overall impact of inflationary policies, OBBBA's top-heavy tax cuts, and expiring health care tax credits have left savings only for the wealthiest Americans.

The middle 20% of Americans will pay an average of about $1,700 more in 2026, while the poorest 20% will pay roughly $750 more. The richest 1%, meanwhile, will pay an average of about $12,560 less. itep.org/impact-of-tr...

itep.orgImpact of Key Trump Policies on Taxes and Costs: National and State EstimatesThe major tax and economic policies of President Trump’s second term have increased taxes and household costs for most Americans except the richest 1%.

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