What Exactly is Donald Trump’s Flat Tax Plan?

Taxes. We all love them, right? Now with a new president, you better bet that our tax plan is going to change. But with all of the controversial issues tossed around in this election season, you might need a bit of a refresher on Trump’s Flat Tax Plan. Here are the main points, and what this means for you.

1. Reduce taxes

Trump wants to reduce taxes for everyone, but especially the working and middle-class Americans, who cannot afford their taxes in the first place.

2. No insane tax rates, even for the rich

In Trump’s tax plan, everyone is a fair player. The wealthy will pay what they must, but no one’s going to be paying exorbitant taxes. His goal here is to keep the spirit of entrepreneurialism and free-market economy in tact. He wants to preserve competition and jobs.

3. America-first

To do this, Trump plans to eliminate “special interest loopholes” and keep the business tax rate down to encourage competition and keep jobs on the home field.

4. Make it easier on families

Trump plans to allow families to deduct the average cost of childcare from their taxes, which would include stay-at-home parents.

For a breakdown on the specifics of Trump’s tax plan, including the tax bracket plan, deductions, and business tax, be sure to check out his policies on his website.

Oh, how far we’ve come! Recently, it was revealed that — finally! — women CEOs at Fortune 500 companies outnumber male CEOs named John. A dubious milestone, but it’s something to celebrate. Though women have come pretty far in society, the progress we’ve made is far from enough. From the pay gap to daily microaggressions,

Trying to cancel your gym membership can be more tiring than actually attending that kickboxing class you keep skipping. Getting out of your gym contract can be so tough that people are going to great lengths to avoid paying any penalties. After going into debt living a lifestyle she couldn’t afford, this woman forged fake

Now that she’s the fifth billionaire musician Update: August 18th 2026 Beyoncé remains a billionaire, with Forbes currently estimating her net worth at $1 billion. Since reaching billionaire status in late 2025, the superstar has continued expanding her business empire and musical legacy. In August 2026, Beyoncé became the sole owner of SirDavis after buying

Updated: August 18th, 2026 Short answer: Yup — if you were hypothetically considering it. The longer answer: Yes – and here’s how it stacks up. Back in 2025, the folks at Paypath declared Target the ultimate no-go for would-be shoplifters. Their argument: Target doesn’t just take loss prevention seriously, it basically owns it — with

Updated: August 17th, 2026 Scott Disick spent much of last year rethinking his living situation, especially after briefly considering a move to New York with his eldest son, Mason. In a November 2025 episode of The Kardashians, Scott said Mason told him he “can’t actually move,” which led Scott to reverse course and keep the

After months of speculation, bidding wars, and Hollywood hand-wringing, Netflix has officially agreed to buy the film and streaming arms of Warner Bros Discovery for $72 billion. Yes, billion with a capital “b.” One of the biggest entertainment acquisitions in modern history, it instantly reshapes the streaming economy that millions pay into every month.  The

You Lose $20K Each Year Just For Being a Mom You may not know this, but there was a time when smoking was considered “liberated” behavior for women. There was a cigarette company Virginia Slims that was created specifically to attract female smokers during the bad old 1970s. The slogan was “You’ve come a long

The Momager May Be Worth More Than You Think… Update: 21 August 2026 Kris Jenner’s estimated net worth remains around $170 million in 2026, according to current celebrity wealth estimates. While her daughters have continued to build billion-dollar businesses of their own — Kim Kardashian, for example, is now estimated by Forbes to be worth

Taylor Swift is a megastar singer-songwriter known for her narrative songwriting, catchy pop tunes, and versatility across genres like country, pop, and indie folk. She breaks every music record with ease, partially thanks to her die-hard Swiftie fans who follow her with vigor and buy out every single show. And with Taylor Swift’s net worth

Traditional weddings can be incredibly stressful, not to mention super pricey – many newlyweds couldn’t even buy a house with that money. What’s supposed to be the happiest day of your life can often feel like an endless quest for absolute perfection – almost as if the ceremony doesn’t come off flawlessly, the marriage itself