Fact-checked: "Clinton's plan wouldn't raise taxes at all for 95% of Americans, according to the nonpartisan Tax Policy Center. The very wealthiest would take the greatest hit, though a doubling is highly questionable. Two-thirds of her proposed increases would hit the top 0.1 percent of richest Americans, the center estimates. The main components of her tax plan: a minimum 30 percent tax on those earning at least $1 million a year, and a 5 percent tax surcharge for those earning more than $5 million a year. She would also cap the value of tax deductions and exclusions for wealthier taxpayers."
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| 2016 Presidential contenders on Tax Reform: | |||
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Republicans:
Sen.Ted Cruz(TX) Carly Fiorina(CA) Gov.John Kasich(OH) Sen.Marco Rubio(FL) Donald Trump(NY) |
Democrats:
Secy.Hillary Clinton(NY) Sen.Bernie Sanders(VT) 2016 Third Party Candidates: Roseanne Barr(PF-HI) Robert Steele(L-NY) Dr.Jill Stein(G,MA) | ||
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