Trump's tax plan

Name: Trump's tax plan
Uploaded: 2017-04-27T02:02:00+00:00
Duration: 2 min 48 s
Description: President Donald Trump wants to simplify the personal tax code by cutting rates and eliminating deductions used by more affluent Americans. White House economic adviser Gary Cohn announced the plan details, which include cutting the top income tax rate from 39.6 percent to 35 percent; reducing the number of personal income tax brackets to three from seven; and ending the so-called death tax.

President Donald Trump wants to simplify the personal tax code by cutting rates and eliminating deductions used by more affluent Americans. White House economic adviser Gary Cohn announced the plan details, which include cutting the top income tax rate from 39.6 percent to 35 percent; reducing the number of personal income tax brackets to three from seven; and ending the so-called death tax.

Posted April 26, 2017 10:07pm EDT