Rand Paul: My Tax Plan Cuts Taxes For All But Trump's Doesn't

GOP presidential candidate Rand Paul Monday contrasted his own tax reform plan with the one front-runner Donald Trump is set to unveil, saying that unlike Trump's, his own plan actually cuts taxes for everyone.

"My tax plan gets rid of the entire code," the Kentucky Republican told CNN's "New Day" co-host Alisyn Camerota. "We have 14.5 percent for everybody. My tax plan would cut taxes. His, I think, is going to keep taxes level."

Trump said on CBS' "60 Minutes" program Sunday that his tax plan would include higher taxes for the wealthy, while taxes would go down for the middle and lower classes, and corporate taxes would also be dropped.

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Under Trump's plan, the highest individual tax bracket would be 25 percent, not the current 39 percent, CNN pointed out on Monday, and deductions and loopholes for high income taxpayer would be either eliminated or reduced.

Paul said he has not yet seen Trump's complete tax plan, but he said he's heard it will be "revenue neutral," which means "people won't have any money remaining in the private market. I'll have $3 trillion remaining. On mine, you'll be able to fill out your tax plan on a postcard."

Paul also on Monday denied claims made by Trump and others published through Politico that he will be dropping out of the presidential race soon.

"I'm thinking, how did we get the race for the most important office in the free world to sink to such depths, and how could anyone in my party think that this clown is fit to be president?" Paul said of Trump.

"It reminds me of the funniest moment, I think, of the second debate, when out of nowhere, he starts going after me," Paul said. "I guess it's part of his bravado. I'll tell you this, I think we'll be around just as long as Trump or longer."

And he denied the Politico article, which said Paul will likely drop out because of lagging funds, saying that his race has a "unique message," as he thinks "there are Americans who are no longer Republican or Democrat, and I think I bring the right mix to reach people who are independent."

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