“When the income tax was first introduced, only one percent of Americans were taxed. It was never intended to be a tax on most Americans. Under this plan the income tax will be eliminated for nearly 75 million households, and 42 million households that now have to file complex forms that they often need expert advice just to figure out they don't owe anything will file a one-page form that will save them time, anxiety, frustration—and more than an average of $100 in preparation costs. More than 31 million households will also use the simplified form—and they get to keep almost $1,000 of the money they have worked for.”
— Donald Trump, Crippled America: How to Make America Great Again

Annotation

The gist of Trump's individual income tax plan.

Tagged: Taxes, Income Tax, Tax Reform
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Crippled America: How to Make America Great Again

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