(Meg Kelly/The Washington Post)President Trump and congressional Republicans keep saying their tax plan doesn't help the rich. Instead of paying a 35 percent income tax, these rich business owners would be able to pass off their income as business income and pay only a 25 percent tax rate. (The tax outline released Wednesday “contemplates” that Congress “will adopt measures to prevent” this kind of tax dodging. There have been many calls over the years to lower that threshold, but the Trump tax plan is keeping it in place. Read more:The GOP tax plan, explained in simplest possible termsFact-checking President Trump’s tax speech in IndianapolisThe one surefire way to grow your wealth in the U.S.

Source: Washington Post September 28, 2017 16:45 UTC