Donald Trump promises to lower tax rates for most Americans

September 28, 2015 3:39 PM

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Donald Trump unveiled a plan to reduce income-tax rates for lower and middle-income families and corporations that also ends the ability of some investment-fund managers to pay a lower rate than most Americans.

Trump, the billionaire real estate businessman, is offering a plan similar to what other Republican presidential candidates, like Jeb Bush, are proposing in that it seeks to simplify the tax code. Yet his call to the end the so-called ``carried interest’’ tax break benefiting hedge fund managers and...

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