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However, public policy watchdogs like the Tax Foundation predict Trump is likely to maintain his tax policies.
Trumps tax policies generally trended towards reducing tax liabilities and simplifying the tax code.
GOBankingRates examined Trumps tax positions.Here are all the promises Trump has made about taxes if hes re-elected.
The Act loweredindividual income tax ratesacross most brackets and adjusted the income ranges for each bracket.
One step was to eliminate the penalty for not having health insurance.
The measure was part of Trumps 2017 tax reforms.
Businesses would also be allowed to immediately expensecertain capital investmentsinstead of depreciating them over time.
Under the proposal, high-income earners would owe fewer taxes.
Trumps tax plan also created provisions to prevent multinational corporations from avoiding paying federal taxes through profit shifting.
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