So called experts!!
I am talking about his tax
plan!!!
I am not talking about what haters
thinks about it!!!
If you read the article this is what the fact is!!
Trump proposes to help average
Americans by nearly quadrupling the standard tax deduction from $6,300 to
$25,000 for individuals and from $12,600 to $50,000 for couples. Single people
earning less than $25,000 and spouses making less than $50,000, or some 75
million Americans, would pay zero federal income tax.
The remaining tax brackets would
be set at 10 percent, 20 percent and 25 percent, with the top marginal rate
being for those earning more than $150,000 and $300,000 for single and married
filers, respectively.
Trump's plan would save
middle-income households an average of roughly $2,700 per year in taxes, or
about 4 percent of their income, according to the nonpartisan Tax Policy Center
(TPC). But richer people would net considerably bigger savings.
Those in the top 5 percent would
see an average tax cut of nearly $28,000, while 1 percenters would save
$275,00, or more than 17 percent of their after-tax income. The top 0.1 percent
of households -- those with net assets of at least $20 million -- would see
their annual tax bill fall by $1.3 million, or nearly 19 percent of their
income.
Rest of all on the article is what the writer think about his plan
ok!!! Anyone can make any opinion which
has to do nothing with the facts!!!
And the fact is quadrupling the standard tax deduction.