Trump's tax plan cuts the tax rate on these so-called "pass-through" entities from currently as high as 40% to just 15%. Rather than fix the problem of rampant corporate tax dodging, Trump's plan would make it worse by cutting the corporate tax rate from 35% to just 15%. Eliminates the estate tax to boost the inheritances of millionaires and billionaires--which will give his heirs a 7 billion tax break. Like so many of his other ideas, Trump's tax plan is unjust, ill-informed, and dangerous. Trump's tax plan ignores the well-established evidence that trickle-down tax policies like he proposes have failed to raise working families' stalled incomes and have instead increased economic inequality over the past 35 years.

Source: Huffington Post August 18, 2016 15:56 UTC