Presidential Candidate Donald Trump Unveils His Tax Plan

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Monday Presidential candidate unveiled his tax plan. Under his plan, it is estimated that 31 million American homes will have to pay zero taxes. He said there would be four tax brackets down from seven of 25%, 20%, 10% and 0%. He goes on to say, “If you’re single and earn less than $25,000 per year, or married and jointly earn less than $50,000 per year…. you will not pay any income tax.”

“No business of any size … will pay more than 15% of their business income in taxes,” Trump said at Trump Tower, adding that he will eliminate the estate tax, or “death tax.”

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