AP FACT CHECK: Trump wrong on Clinton tax claim
This article starts strong, with the pounding arguments from Trump and Clinton in order to compare their claims on tax policy.
"She is raising your taxes, and I am lowering your taxes. ...She's raising everybody's taxes massively" -Donald Trump
"He would end up raising taxes on middle-class families" -Hillary Clinton
So when analyzing the facts, the argument is that Clinton is not raising taxes on everyone, but instead just the 5% of wealthiest Americans. However, Trump continues to argue that she is going to affect everyone massively. But what would help stimulate the economy is Trump's proposal for businesses to receive tax cuts, even if he is raising middle-class family taxes. But I wonder just how much lowering tax cuts on businesses would help the economy with his other plans. If Trump's plan eliminates the personal exemption as the article explains, which currently allows households to reduce their taxable income by $4,050 for each member of the household, including their children, then it seems people will have less money to put back into the economy overall. I'm not sure what is best, but they both seem to be raising taxes regardless.