Trump seeks tax hike on the rich – media
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The proposal reportedly calls for creating a new 39.6% tax bracket for those earning $2.5 million or more US President Donald Trump has proposed raising tax rates on the country’s highest earners, several media outlets have reported, citing sources familiar with the matter. The measure is said to offset the other cuts in Trump’s economic package. Lawmakers are currently working to pass a massive legislative package expected to generate $1.5 trillion in savings over the next decade. The bill is
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