Trump exempts Americans from taxes

Contender for the presidency of the United States from the Republican Party, Donald Trump revealed some of the details of his tax reform as head of state. According to Reutersif he wins the election, he promised to exempt "a significant part of Americans" from paying taxes.

Thus, reducing the tax burden, according to Trump's plan, is provided for "corporations and the majority of citizens, in particular those who have average and lower income levels." At the same time, he noted that many of the poor should be completely exempted from paying fees.

Responding to a question about a possible increase in taxes, Trump said that "the interest rate can be increased for a number of very wealthy citizens, as well as for those who underestimate their income."

He is going to talk about his tax policy in more detail at a press conference in New York on Monday, September 28, at 11: 00.

September 18 billionaire saidthat if won the election will not receive a presidential salary. According to him, giving up four hundred thousand dollars a year is not a “big problem” for him.

Trump, a real estate and development tycoon, according to Forbes magazine, is on the 405 line in the list of billionaires in the world with a fortune of 4,1 billion dollars. Shortly after announcing his intention to participate in the presidential race, he clarified that his capital exceeds ten billion.

In the presidential race in the United States involved more than two dozen politicians. According to surveys public opinion, Hillary Clinton leads among Democrats, and Trump is among Republicans.

The pre-election convention of the Democratic Party is expected to be held in Philadelphia, Pa., 25-28 on July 2016.

The Republican convention is scheduled for July 18-21 in Cleveland, Ohio. According to their results, official party candidates will be determined.

Presidential elections will be held on November 8 2016.