Under the plan, the top federal capital gains rate is cut from 23.8 percent to 20 percent.
RisingWorld
2017-04-27
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Under the plan, the top federal capital gains rate is cut from 23.8 percent to 20 percent.
The number of tax brackets for individuals is reduced from seven to three: 10 percent, 25 percent and 35 percent.
Lowering the corporate tax rate from 35 to 15 percent is one of the most aggressive moves in the plan.
The 7 Key Elements of the White House Tax Plan -
By ALAN RAPPEPORTAPRIL 26, 2017
WASHINGTON — Here are the most important changes in the tax plan proposed Wednesday by President Trump.
The provision cost Mr. Trump an additional $31 million in federal income taxes in 2005, and now he wants to kill it.
The number of tax brackets for individuals is reduced from seven to three: 10 percent, 25 percent and 35 percent.
Lowering the corporate tax rate from 35 to 15 percent is one of the most aggressive moves in the plan.
The 7 Key Elements of the White House Tax Plan -
By ALAN RAPPEPORTAPRIL 26, 2017
WASHINGTON — Here are the most important changes in the tax plan proposed Wednesday by President Trump.
The provision cost Mr. Trump an additional $31 million in federal income taxes in 2005, and now he wants to kill it.
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