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,” adding that he will eliminate the estate tax, or “death tax.” 

VIDEO BELOW: Donald J. Trump delivered remarks on the economy at the Cobo Center in Detroit, MI.


Post a Comment