Taxes
Clinton
Clinton proposes a “fair share surcharge” on multimillionaires and billionaires and says she wants to make sure the wealthiest Americans don’t pay a lower tax rate than middle-class families. The Democratic nominee wants to implement an “exit tax” on untaxed overseas earnings of U.S. companies. She wants to cut taxes for small businesses, who pay more per employee than larger firms.
Trump
In a speech in August, Trump stressed the need to cut corporate tax rates and to make all child care expenses tax-free. The Republican nominee also called for the removal of the estate tax—also known as the “death tax”—and for a reduction of the number of tax brackets from seven to three. The three tax brackets proposed are 12 percent, 25 percent, and 33 percent. Trump also promised in his speech a zero tax rate for many working Americans.