The Republican candidate for the US presidency Donald Trump presented on Monday (28) its tax program, which sets out the major tax cuts for citizens with fewer resources and also for the wealthy and corporations.
A news conference at Trump Tower in Manhattan, the New York tycoon proposed to "simplify" the tax code and eliminate loopholes for which currently host large investment funds and multinationals.
Among the measures proposed by Trump, who continues to lead the polls among Republicans, but is closely followed by retired neurosurgeon Ben Carson, stands a drastic cut the kind of maximum tax rate for companies from the current 35% to 15%.
As for tax cuts for the wealthy, Trump proposes that people earning more than US $ 150,001 a year and couples who have a higher combined revenue of US $ 300,001 per year are to pay 25% in taxes, far below current 40%.
In addition, the tycoon also proposes that the most humble families do not pay taxes, so its plan exempt from tax duties all individuals with incomes below US $ 25,000 a year and couples with less than $ 50,000.
According to the US Tax Policy Center, if the proposed Trump is applied, the number of American families that would be exempt from federal taxes would rise from 45% now to 50%.
"We offer an amazing tax code. It will be simple, it's easy, it will be fair. Large tax cuts for middle-income people and for most Americans," said Trump during the presentation.
"(The code) Will the US economy growing at a level that has not been seen for decades," said real estate mogul.
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