An analysis by the Tax Foundation concluded that Trump's tax cuts would increase a middle-class family's income by only 0.2 percent while increasing income for the wealthiest 1 percent of Americans by 5.3 percent. Trump wants to lower the highest tax rate from 39.6 percent to 33 percent and get rid of the estate tax, which already exempts the first $5.45 million for an individual. Even the increased child-care credit he proposes would benefit the wealthy much more than lower-income families whose smaller tax bills would be impacted little if at all by the deduction.