He first unveiled his tax plan in the fall of 2015, framing it as a boon to the middle class. And it's the only logical conclusion.”While Trump is delivering his speech, Clinton, the Democratic presidential nominee, will be in the battleground state of Florida talking about jobs. In the scheduled speech at the Detroit Economic Club, Trump is expected to tout his already-announced plan to eliminate the estate tax, put a moratorium on new federal regulations and reduce the corporate tax rate -- from 35 percent to 15 percent. Trump is also expected in his speech Monday to announce his plan would allow parents to fully deduct the cost of childcare from their taxable income. The Hillary Clinton campaign ripped into the proposed Trump plan Monday morning, ahead of the speech, saying his tax breaks are only for the wealthy and includes no paid family leave or increase in the federal minimum wage.

Source: Fox News August 08, 2016 07:52 UTC