The plan, posted on Trump’s “Make America Great Again” website, is billed as a way to “let people keep more money in their pockets and increase after-tax wages.”
Many Americans, however, will realize a significant gain. The plan is designed to primarily benefit the poor, the lower middle class and corporations.
“If you are single and earn less than $25,000, or married and jointly earn less than $50,000, you will not owe any income tax,” the plan states.
Republican presidential front-runner Donald Trump on Monday proposed eliminating income taxes for millions of Americans, and lower rates for the highest-income earners, as part of a plan he said would grow the U.S. economy at a pace not seen in years.
Trump’s plan for an overhaul of the U.S. tax code would eliminate federal income taxes on individuals earning less than $25,000 and married couples earning less than $50,000. He said those
http://news.yahoo.com/donald-trump-unveil-tax-plan-monday-074333450–finance.html
Trump is unveiling his tax plan at a press conference Monday at Trump Tower in Manhattan.
The plan calls for eliminating federal income taxes on individuals earning less than $25,000 and married couples earning less than $50,000.
But the plan would also benefit businesses and the rich.
http://www.infowars.com/trump-unveils-tax-plan-that-would-lower-taxes-for-millions/
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