What will a new Trump administration mean for the country’s economy?

The new Trump Administration could mean big things for the economy, according to a new report.

The White House has yet to confirm the details of the President’s tax plan, which would repeal many of the popular tax cuts, but it would also eliminate many of Trump’s other campaign promises.

“The most immediate effects of the tax overhaul are to remove tax incentives for companies to move jobs offshore and raise prices on consumer goods, which will further drive up prices for workers and consumers,” wrote the Tax Policy Center in a recent report.

“Tax reform also lowers the tax rates that most individuals and households pay on their income, lowering rates for many families and businesses, especially those with higher incomes.”

The tax overhaul would also significantly increase the debt, according the Tax Foundation.

The Congressional Budget Office said in July that the bill would increase the deficit by $1.6 trillion over 10 years.

The report notes that Trump’s plan is “a large, sweeping tax cut, and not a modest reduction in the corporate tax rate.”

The Tax Policy Council, which is the largest economic think tank in the country, said in a statement that while Trump’s tax cut plan would likely have a positive impact on the economy as a whole, it would have negative effects for a lot of groups.

It added that many businesses that previously benefited from lower tax rates will see a reduction in tax payments as a result of the proposed tax overhaul.

It said the tax cuts for middle-class families would be a net negative for the federal government and a net positive for the wealthy.

While some people are not pleased with Trump’s decision to end the Bush tax cuts in the final years of the administration, many others see it as a victory for the middle class.

The Tax Policy Committee estimated in a report last week that the plan would reduce federal revenue by $5 trillion over a decade.

President Trump, right, and House Speaker Paul Ryan, center, meet with House Speaker Nancy Pelosi, D-Calif., during a visit to the Capitol in Washington on Feb. 25.

AP/Andrew HarnikThe Tax Foundation, which has studied the impact of tax cuts on the federal budget, said that the tax plan would increase economic inequality, which hurts the economy.

The tax cuts would lead to a large reduction in middle- and upper-income families’ incomes, which, in turn, would lead the wealthiest to make larger and larger increases in their tax burdens.

The Tax Center’s analysis, which was written for the nonpartisan Tax Policy Action Center, said the proposed cuts would raise taxes on the middle-income earners by an average of $5,900 in 2021.

The largest tax cuts of the Trump administration are set to be in the top tax bracket, which the Tax Center estimated would cost the middle and upper income earners $4,000 in 2021, or $5.5 trillion in total revenue.

It added that the proposal would raise the deficit in 2024 by $4 trillion.

The plan would also reduce the corporate rate from 35 percent to 20 percent.

That rate is currently at 35 percent, while the current corporate rate is 28 percent.