Donald Trump clarified Monday that he doesn't plan to raise taxes on the wealthiest Americans in the aggregate, despite seemingly saying so during interviews aired Sunday.
Donald Trump is vowing to drastically cut income taxes for millions of Americans across the wealth spectrum while casting aside loopholes popular on Wall Street.
Republican presidential front-runner Donald Trump announced a comprehensive plan to reform and simplify the nationâ??s tax code Monday that would lower rates for most Americans, get rid of inheritance taxes and eliminate many deductions.
Yesterday, Donald J. Trump released details of a tax reform plan. This plan would reduce individual income tax rates, lowering the top rate from 39.6 percent to 25 percent and creating a large zero bracket. The plan would also reform the business tax code by reducing the income tax on all businesses to 15 percent and eliminate business tax expenditures, including deferral and interest deductions.
Donald Trump clarified Monday that he doesn't plan to raise taxes on the wealthiest Americans in the aggregate, despite seemingly saying so during interviews aired Sunday.
Donald Trump is vowing to drastically cut income taxes for millions of Americans across the wealth spectrum while casting aside loopholes popular on Wall Street.
Republican presidential front-runner Donald Trump announced a comprehensive plan to reform and simplify the nationâ??s tax code Monday that would lower rates for most Americans, get rid of inheritance taxes and eliminate many deductions.
Yesterday, Donald J. Trump released details of a tax reform plan. This plan would reduce individual income tax rates, lowering the top rate from 39.6 percent to 25 percent and creating a large zero bracket. The plan would also reform the business tax code by reducing the income tax on all businesses to 15 percent and eliminate business tax expenditures, including deferral and interest deductions.
