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Trump’s tax plans could lift millions out of the income tax system — but there are caveats. Jonah Elkowitz / Shutterstock.com
Former President Donald Trump is proposing tax reforms that would provide total or partial income tax exemptions to tens of millions of Americans. That’s according to a CNBC analysis of several estimates. Trump, who’s running for president again, has committed to eliminating income taxes on tips and Social Security benefits, along with overtime pay. He recently expressed willingness to explore…