Criticized by Republican presidential rivals as having a loose grip on policy, billionaire Donald Trump laid out a tax plan on Monday that he said will increase the burden on hedge fund managers, cut rates for corporations and the middle class, and eliminate payments for more of the poor.
The plan is “going to cost me a fortune,” Trump said at a news conference at Trump Tower in New York.
20:18 Trump promises to release more details of his tax plan on Wednesday19
10:10 Mnuchin’s Talk of Tax Plan ‘Soon’ Stirs Markets and Skeptics13
21:09 Trump tax plan to rely on future U.S. growth to fund cuts: officials21
05:15 James Comey’s Fear of Everyone—Except Democrats—Helped Donald Trump Upset Hillary Clinton14