Trump's Proposed Tax Cuts Seen Raising US Debt

New York: Republican presidential hopeful Donald Trump's tax proposal would cut taxes for households and businesses but would significantly raise the national debt, according to an analysis by Brookings-Urban Institute Tax Policy Center. While federal taxes would be lower for households across all income levels, the highest earners - the top 1 per cent and particularly the top 0.1 of 1 per cent - would reap the largest rewards, acco...