Here’s some tax policy news on the way out, Donald Trump style.
The Republican front-runner released his tax plan Monday.
The broad outlines are pretty well known: making cuts in the top tax rates for personal and corporate filers, getting rid of the alternative minimum tax and the estate tax, and having hedge funds pay more in taxes — assuming this thing ever happens.
Also, individuals making less than $25,000 and couples below $50,000 pay nothing and get “a new one-page form to send the IRS saying, ‘I win.'”
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