Trump Tax Cut

Trump Tax Tease

Trump Tax Tease

President Trump’s “new” tax plan looked an awful lot like his old one from the campaign, though with far fewer details. The one-page overview was more like an incomplete set of bullet points, than a blueprint. For example, the plan would reduce the number of tax brackets from seven to three - 10, 25 and 35 percent, but there was no breakdown of income levels to which the new rates would apply. It also intends to provide a break for child and dependent care expenses, but did not specify the dollar amount.