The 2-Minute Rule for Donald Trump

The 2-Minute Rule for Donald Trump

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The Preliminary outline didn't specify which earnings ranges would tumble underneath Individuals brackets. The plan also proposed to decreased the corporate tax rate from 35 to fifteen %, reduce the alternative more minimum tax and estate tax, and simplify the procedure for filing tax returns. The proposal didn't deal with how the tax cuts might lessen federal revenue and raise financial debt.