Trump is keeping progressive tax rates. That’s not a “great” plan, it’s a liberal plan. Cruz’ flat tax is a great, conservative plan.
Trumps code, which he calls the 1-5-10-15 income tax plan, is a simplistic way to fix our nations broken taxation system, without putting the strain on any particular group of people.
Under Trumps tax plan, those making up to
$30,000 per year will pay 1 percent in federal income taxes $30,000 to $100,000 will pay 5 percent
$100,000 to $1 million will pay 10 percent
$1 million or above will pay 15 percent
Its clear and fair, wrote Trump on his tax plan. Best of all, it can be filled out on the back of a postcard and will save Americans big bucks on accountants and massive amounts of time wasted attempting to decipher the tax code.