By Ross Lenihan

It’s no one’s favorite time of year…that’s right, tax season. This year it’s not all pain and loss, however. Thanks to the GOP and its leading presidential candidates there are laughs to be had. So go ahead, review Donald Trump and Ted Cruz’s respective tax plans and let us know which plan you think is the most insane.

 Trump

The Rich Get Most of the Pie: Under Trump’s plan, the richest 20% of income earners would receive approximately 67% of total tax savings. The top 0.1% alone would get 17%.

The Average Tax Cuts for the Super-Wealthy Are Mind-Boggling: Under Trump, those in the top 0.1% of income earners would receive an average tax break of $1.3 million. Think of it as money not going to much-needed public services like education and infrastructure improvements.

Bottom line: According to data from the Tax Policy Center, the Joint Committee on Taxation, the Congressional Research Service, and the Congressional Budget Office, Trump’s proposed tax cut would, in and of itself, increase the national debt by a whopping 39.2% over 10 years.

Cruz

Once Again, the Rich Get Most of the Pie: Under Cruz’s plan, the richest 20% of income earners would receive approximately 79.6% of total tax savings. The top 0.1% would get an astounding 29%.

And Again, the Average Tax Cuts for the Super-Wealthy Are Mind-Boggling: Under Cruz, those in the top 0.1% of income earners would receive an average tax break of – wait for it - $2 million. Pretty nice, eh?

Bottom line: According to data from the Tax Policy Center, the Joint Committee on Taxation, the Congressional Research Service, and the Congressional Budget Office, Cruz’s proposed tax cut would, in and of itself, increase the national debt by a whopping 35.7% over 10 years.

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