Trump unfolds tax plans

washington - President Donald Trump unfolded his widely discussed tax plans on Wednesday. The White House published a summary of its proposals for tax cuts and reforms on an A4. Very surprising they were not anymore.

As Finance Minister Steven Mnuchin had already declined, the sharp reduction of corporate tax and taxation for other types of companies was lost. If Congress agrees, they will not pay 35% or more, but only 15%.

The individual American is on average on average. Trump wants to reduce the number of tax disks from seven to three and double the amount that can be deducted by default on their declaration form. Furthermore, the succession rights disappear.