Clinton, Trump tax plans are “mirror images”SANTA FE, N.M. — Hillary Clinton and Donald Trump’s tax plans are “mirror images” of one another, with the Democrat proposing steep tax hikes on the wealthy while the Republican candidate proposes even deeper reductions in the taxes paid by America’s richest people, according to an analysis released Tuesday. “Trump has a very, very large tax cut that’s primarily focused on high income individuals. The “Tax Policy Center has wasted everyone’s time with a fraudulent analysis,” Trump senior policy adviser Stephen Miller said in a statement. The Tax Policy Center’s new analysis found that Trump’s proposals would focus on reducing tax on capital, which would encourage more work, investment and savings. The analysis found Trump would cut the average tax bill by $2,940, or 4.1 percent.

Source: Manila Bulletin October 11, 2016 18:56 UTC