Analysis: Clinton, Trump tax plans are "mirror images"

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SANTA FE, N.M. - Hillary Clinton and Donald Trump's tax plans are "mirror images" of one another, with the Democrat proposing steep tax hikes on the wealthy while the Republican candidate proposes even deeper reductions in the taxes paid by America's richest people, according to an analysis released Tuesday.

The Urban-Brookings Tax Policy Center found that the top 0.1 per cent of taxpayers would pay $800,000 more in taxes on average under Clinton's plan while Trump's plan, their taxes would decline by more than $1 million. It found that Trump's proposed cuts would cost $6.2 trillion over 10 years while Clinton's would raise $1.4 trillion in new revenue over that time period — money the Democrat proposes using for new government programs.

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