Trump: Tax Simplification Major Feature of Plan

The video discusses a plan to simplify the tax code by reducing the number of tax brackets and eliminating complex deductions and loopholes. It highlights the collaboration with House Republicans to achieve shared goals of economic growth and job creation, drawing inspiration from the Reagan tax reform era.

What is one of the main criticisms of the current tax system mentioned in the video?

• It is too simple and easy to understand.

• It provides unfair advantages to Wall Street investors.

• It is beneficial for American workers.

• It has too few tax brackets.

How many tax brackets are proposed in the new plan?

• Five

• Ten

• Three

• Seven

Which political group is mentioned as collaborating on the new tax plan?

• House Republicans

• Independent Senators

• State Governors

• Senate Democrats

What are the shared goals mentioned in the final section of the video?

• Improving healthcare

• Jobs, growth, and opportunity

• Increasing tax rates

• Reducing government spending

Which past tax reform is referenced as a model for economic growth?

• Obama tax reform

• Reagan tax reform

• Bush tax reform

• Clinton tax reform