Trump’s Proposed Tax Policies and How They Affect You if You Owe Money to the IRS

Donald Trump’s tax proposal is detailed, but it doesn’t necessarily match what he said it would do. He proposes a three-bracket system – with rates of 12 percent, 25 percent and 33 percent – down from the current system, and the removal of the head-of-household tax-filing category. The standard deduction would be $15,000 for single […]