The Gist
← John "Drew" Williams

Report this

Tell us if this breaks our content standards or is wrong. An editor reviews every report. Reports don't remove anything automatically.

Proposes exempting roughly the first $100,000 of income from tax

His plan would then phase in rates from 1% at $100,000 to 35% at $1 million and add a 0.1% tax on stock trades in taxable brokerage accounts.

What's wrong?