If Trump really wanted to help workers, here's how he'd reform the tax code

Step 1: Raise taxes on the rich

President Trump speaks about tax reform.
(Image credit: BRENDAN SMIALOWSKI/AFP/Getty Images)

On Wednesday, President Trump and congressional Republicans released their long-awaited tax reform plan. Unsurprisingly, it was rather short on details. But the broad strokes are clear enough: fewer individual income tax brackets and a lower top rate, along with big cuts to taxes on business profits. Not exactly in line with Trump's supposed mission to create a new, more populist, more worker-friendly GOP.

But that raises a question: What would populist, pro-worker tax reform even look like? Let's sketch it out.

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Jeff Spross

Jeff Spross was the economics and business correspondent at TheWeek.com. He was previously a reporter at ThinkProgress.