How Will Project 2025 Affect The Middle Class 2025. Project 2025 has been kicked around quite a bit over the past few months, and it's important to understand how the plan could affect you, starting with taxes. Project 2025 aims to promote prosperity by reducing marginal tax rates, lowering the cost of capital and broadening the tax base.

Project 2025 argues that the current tax system is too complicated and expensive for taxpayers to navigate. Project 2025 proposes to simplify the tax code by creating just two income tax brackets: