Donald Trump unveiled a tax plan on Monday that would eliminate income taxes for millions of Americans.
Speaking at at Trump Towers in New York, the businessman said his plan would provide "major tax relief for middle-income and for most other Americans," but without giving specifics on how that tax relief would work.
"There will be a major tax reduction," he said. "It’ll simplify the tax code, it will grow the American economy in a level that it hasn’t seen in decades."
Trump called for the poorest Americans to pay no federal taxes at all. According to the plan he released Monday, single people earning less than $25,000 and married couples filing jointly and earning less than $50,000 would pay no federal income tax. Read more...
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Source: Mashable http://ift.tt/1VmluRm
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