NEW YORK — After weeks of vowing to raise taxes on “hedge fund guys” and high-income earners, Republican presidential front-runner Donald Trump unveiled a tax plan Monday that would cut rates across the board and reduce the amount paid by wealthiest Americans and corporations into the U.S. Treasury.
The plan, which Trump said would “provide major tax relief for middle-income and for most other Americans,” appears certain to come with a significant price tag that experts said would likely add to the national debt, despite Trump’s assurances.