Donald Trump reveals more details of his tax plan

September 15, 2016 4:46 PM

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Republican presidential candidate Donald Trump put new details on a much scaled-back tax plan on Thursday, one that is projected to cost the federal government less money but also to deliver fewer benefits to taxpayers than Trump's original proposal.

Trump's economic team estimated that the complete tax plan, combined with rollbacks to some federal regulations and new initiatives to open up more public and private lands for oil and gas drilling, would deliver 3.5 percent growth per year for the next decade and produce 25 million new jobs.

Also read: Trump knocks down reports of big 401(k) squeeze in GOP tax plan: 'NO change'

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