×
Newsmax TV & Webwww.newsmax.comFREE - In Google Play
VIEW
×
Newsmax TV & Webwww.newsmax.comFREE - On the App Store
VIEW
Skip to main content
Tags: Trump | Taxes | tax code | hedge funds

Trump Readying Plan to Simplify Tax Code, Hit 'Hedge Funds'

Trump Readying Plan to Simplify Tax Code, Hit 'Hedge Funds'
(Wires services)

Friday, 28 August 2015 07:46 AM EDT

Republican presidential candidate Donald Trump is promising to offer a plan within a month to overhaul the tax system, calling himself "king of the tax code."

He's been hinting at such a plan recently, saying that wealthy Americans should pay more.

In a phone-in interview Friday on MSNBC's "Morning Joe" show, Trump says, "I know the hedge fund guys. ... These guys don't really build anything. They shuffle papers back and forth."

Trump says he'll unveil a plan to simplify the tax code and eliminate some deductions, asserting "nobody knows the tax code better than I do."

Trump says hedge fund managers are big supporters of Democrat Hillary Rodham Clinton and GOP rival Jeb Bush, and adds, "I will have a plan."

He says hedge fund managers won't be happy.

© Copyright 2022 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


Newsfront
Republican presidential candidate Donald Trump is promising to offer a plan within a month to overhaul the tax system, calling himself king of the tax code. He's been hinting at such a plan recently, saying that wealthy Americans should pay more.In a phone-in interview...
Trump, Taxes, tax code, hedge funds
130
2015-46-28
Friday, 28 August 2015 07:46 AM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved
Download the NewsmaxTV App
NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved