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Trump would drop that to 15%. bush to 20%. rubio to 25. paul would institute a 14.5% consumption-base tax. christie joins rubio in calling for a 25% rate. cutting rates this deeply would create a dangerous fiscal imbab. to avoid that, these tax plans also eliminate or curb the majority of tax deductions families and businesses claim. exposing more of their income to the newer tax rate. >> my belief that the economy will do so well, that even though they won't be getting certain deductions, which aren't fair for them to be getting, that they'll end up doing better. >> trump cuts deductions for ...

Represent a significant tax cut. donald trump would eliminate federal income tax for those earning less than 25,000 a year. jeb bush would have a top tax rate of 28%. rubio creates two tax brackets. senator rand paul favors a flat tax rate of 14.5%. each of these plans varies widely in detail. rubio offers a new child deduction and a personal credit and the other proposals get rid of the estate tax. they vary quite widely. patti ann: is it a tax cut? >> overall, absolutely. these candidates propose closing

The republicans wasted no time to criticize donald trump's plan. more with what is wrong. more about what is right is trump's proposals from the front runner, himself. we get more. >> reporter: good morning, allison and christine, well, donald trump is making the harold sell on his tax plan but still not revealing many details on all. he has not said how much it would cost or how he would pay for it without adding to the debt or deficit. meanwhile, many of his republican opponents out on the campaign trail have pounced on this, really eager to draw some policy distinctions with the front runne...

Plan this week. you tweeted out that it looked familiar to you because you thought there were some similarities. but you've also said that he's not a real conservative, that he's almost a democrat in disguise. so how does he have those characteristics if not a real republican but have a similar tax plan. >> he had two views on taxes. the largest tax increase since the beginning of mankind. literally 14.5% tax on assets would have devastated the economy, would have been a tax increase in the tens of trillions of dollars. and now he's come up with a proposal that would create according to the ta...

Away from him. >> but in the national polls he is at 25%, and you are at 2% and 3%, and why is he doing so well, and you are not? >> well, there is a certain celeb celebrity phenomenon going on that is skewing the polls, but we are seeing a shift, and he is down 10 point, and there is a time when he is marginalized and seen for the comedic individual that he is, but not really as a serious contender, and that is where he will wind up. and we have nov alomove along to the point where americans realize he is not a serious contender. >> and he issued a tax relate lowering the top rate to 25%, and...