WASHINGTON (AP) – Donald Trump and Hillary Clinton have produced two conventional tax plans that mostly track their parties’ long-standing views.
Trump is pushing a plan squarely in the GOP tradition of sharp tax cuts for individuals and businesses, which most analyses conclude would largely benefit wealthier Americans. That’s in contrast to other issues such as international trade, where he has jettisoned decades of GOP orthodoxy and taken a more populist stance.
Clinton, meanwhile, is proposing to raise taxes for the wealthiest households to pay for traditional Democratic proposals such as expanding access to higher education.
Trump has proposed spending twice as much as Clinton on building and repairing airports, roads, tunnels and other infrastructure. That’s a departure from recent GOP opposition to proposals by President Obama to increase spending on infrastructure.