Trump Would Raises Taxes on the Very Wealthy

Donald Trump “is set to release a tax plan Monday that calls for major reductions in levies on middle-income and poor payers, while increasing taxes on the wealthy and reining in companies that pay less in taxes by moving their headquarters overseas,” the Wall Street Journal reports.

“The plan will offer a ‘major tax reduction for almost all citizens’ and help stimulate business in the U.S. again… The GOP presidential front-runner is also expected to call for the poorest filers to pay no federal taxes at all while also recommending that corporate levies be reduced.”