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===Personal===
*An individual filing single that has earned less than $25,000 will not pay any income tax. (DTW-TR) [https://www.donaldjtrump.com/positions/tax-reformDTW-TR]*An individual filing head of household that has earned less than $37,500 will not pay any income tax. ([https://www.donaldjtrump.com/positions/tax-reform DTW-TR)]*Couple married filing jointly that have earned less than $50,000 will not pay any income tax. ([https://www.donaldjtrump.com/positions/tax-reform DTW-TR)]*Eliminate the marriage penalty ([https://www.donaldjtrump.com/positions/tax-reform DTW-TR)]*Eliminate Alternative Minimum Tax ([https://www.donaldjtrump.com/positions/tax-reform DTW-TR)]
{| class="wikitable" border=0
|+ align="center" size="14px"|'''Trump Tax Brackets and Rates ([https://www.donaldjtrump.com/positions/tax-reform DTW-TR)]'''
|-
| scope="col" align="center" style="background:#f0f0f0;"|'''Income Tax Rate'''
===Corporate===
*Corporate tax rate reduced to 15%, regardless of business size. ([https://www.donaldjtrump.com/positions/tax-reform DTW-TR) ] Current rate hovers ~39.1%[http://www.forbes.com/sites/taxanalysts/2015/03/25/the-truth-about-corporate-tax-rates/#2715e4857a0b5c9ec04020a5]*Companies are required to bring their funds back from overseas accounts and pay a 10% tax on those funds. Funds used for overseas operating activities are exempt. ([https://www.donaldjtrump.com/positions/tax-reform DTW-TR)]
===Funding for Tax Cuts===
Trump pledges to propose alternative ways to keep revenue stable whilst reducing taxes. (DTCW-TR)[https://www.donaldjtrump.com/positions/tax-reformDTW-TR]
*Eliminate loopholes and deductions for the very rich. Steepening the curve of the Personal Exemption Phaseout and the Pease Limitation on itemized deductions. ([https://www.donaldjtrump.com/positions/tax-reform DTW-TR)]*10% repatriation tax for corporate funds located overseas. ([https://www.donaldjtrump.com/positions/tax-reform DTW-TR)]*End the deferral of taxes on corporate income earned abroad. ([https://www.donaldjtrump.com/positions/tax-reform DTW-TR)]*Phase in a "reasonable cap" on the deductibility of business interest expenses. (DTW-TR)[https://www.donaldjtrump.com/positions/tax-reformDTW-TR]
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