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Which he is still trying to explain tonight. tonight, donald trump making a hard sell for his tax plan, but not offering much detail. >> jobs will be created. the economy is going to expand tremendously like it hasn't since reagan, but even before that. this will be a rocket ship for the economy. >> bye, everybody. >> reporter: not revealing the overall cost of how he would pay for it. how do you get the money to make up for the tax cuts? >> we are bringing in tremendous amounts of money in the country. we are going to create jobs. we are going to have an economy that is robust. right now, the...

Individuals and 14.5% for corporations. and i also do what other tax does is i get rid of the payroll tax which every american will have a few more dollar s s in tr pocket. and so his still goes with the cronyism, and ours eliminates that and you can file it on one single postcard. >> and what about the proposal to raise the taxes for what he calls the hedge fund guys. >> i would do the opposite, i would lower everyone else's to that level. so hedge fund guys, and those who have capital gains, they pay about 20, 23%, and i would like to lower everybody else to 124.5%, and individuals are payin...

Will have them pay 25% maximum, trump 20% and rand paul with his flat tax, 14.5. how does it work, though, mort? >> well, i guess it works. the whole idea is supply side. that was kemp's specialty. that means lowering rates. the key thing, though, that's missing from trump's analysis is what loopholes are you going to close? you've got to close a lot of loopholes to make up the money that he's going to give in tax cuts. and we've yet to see what the loophole closures are. >> supply side economics doesn't always work. sometimes there has to be revenue. >> there does. you do get -- when you cut ...

Idea of zero for under 50,000. >> up to a point. >> you have to remember back in the days when he promoted this stuff, taxes were very, very high. he was lowering them and did knock a lot of people off the tax rolls. >> let's talk about corporations and business taxes. the current plan is there's a top rate of 35.5%. under jeb's plan he lowers that for corporations to no more than 20%. trump even lower. 15% and then again rand paul, even lower, 14.5%. mort? >> well, you know, the question is, does this all add up? can you pay for it? how much does it cost? again, since you don't know what dedu...

Corporations. >> all i caution people is to remember, anything that you propose as a presidential candidate, tough be able to deliver on. we have had too many empty promises. >> reporter: carly fiorina blasted for failing to come sooner. >> how long have were been talking bipartisan tax reform? forever. now it is 73,000 pages long. every election cycle, politiit n politicians roll out tax plans, but they never happen. >> reporter: jeb bush released his plan a few weeks ago, moc d ed his rival saying looks familiar, i'm flattered. >> as president, i would approve the pipeline, for crying out lo...