Trump Would Raise Taxes on the Wealthy

Donald Trump told Bloomberg that his economic vision for America includes raising taxes on the wealthy.

Said Trump: “I would change it. I would simplify it.”

He would also tax hedge fund managers: “I would take carried interest out, and I would let people making hundreds of millions of dollars-a-year pay some tax, because right now they are paying very little tax and I think it’s outrageous. I want to lower taxes for the middle class.”