The Hammer and Nigel Show
Dr. Matt Will Breaks Down Trump's Tax Plan
Dr. Matt Will is an Associate Professor of Finance at The University of Indianapolis. He joins the Hammer & Nigel show to break down the logistics of Donald Trump's tax reform that was unveiled today in Indiana. Highlights of the President's plan include calling for 3 tax brackets at 12-percent, 25-percent and 35-percent. Along with this, the plan would allow the first $12,000 of income for a single person to be tax free, the first $24,000 for married couples.
Dr. Will expands on these changes and what else tax payers can expect.
"What's going to be great is not going to have to go through this huge booklet of rates. It's all done. You have one deduction... all other loopholes are going to be closed...The big winner is anyone making under $50,000 a year."