Here's Donald Trump's full tax plan

Donald Trump on Monday unveiled a comprehensive plan to reform the nation's tax code, one he claims would eliminate income taxes for 72 million households and make filing taxes much more simple and equitable.

The proposal keeps with many of the ideas that Trump has cited vaguely on the campaign trail over the last several months - including eliminating the estate tax, closing some tax loopholes, and attempting to simplify the tax code.

Despite some of Trump's more populist, rhetoric about raising taxes on the highest earners, Trump's plan has plenty for wealthy earners to like - including a plan to reduce the top income tax rate to 25% and his proposal to eliminate the estate tax.

"I'm not a populist, I'm a man of great common sense," Trump said at a press conference in at Trump Tower in New York on Monday.

Trump's tax paper is the third detailed policy proposal plan that he's released since announcing his bid for the presidency earlier this year.

He published a controversial immigration policy paper in August that proposed, among many prescriptions, deporting the approximately 11 million immigrants living in the US illegally and building a southern border wall that the Mexico would pay for.

Here are some of the main points from Trump's tax plan:

• Eliminate income tax entirely for some Americans. Trump proposes getting rid of taxes for single workers who earn less than $25,000 per year, as well as married couples that earn less than $50,000. Trump's plan actually says that these people would get a "one page form to send the IRS saying, 'I win.'"
• Eliminate some tax brackets. Trump proposes scaling back to four income tax brackets: 0%, 10%, 20%, and 25%. The plan significantly lowers the highest income tax rate from 39% for the highest earners. Bush has a similar plan that would create only three brackets.
• Lower business income tax rate to 15% or lower. "No business of any size, from a Fortune 500 to a mom and pop shop to a freelancer living job to job, will pay more than 15% of their business income in taxes," Trump's plan says. Trump proposes balancing these cuts by closing some corporate tax loopholes for special interests, though he does not specify which interests these are.
• Eliminate estate tax. "The death tax punishes families for achieving the American dream. Therefore, the Trump plan eliminates the death tax," Trump's plan says.
• Reducing loopholes and deductions. Trump says that in exchange for lowering income taxes for individuals making over $150,000 and married couples making a combined $300,000, he'd eliminate many tax loopholes and deductions for top earners. The real-estate mogul also suggests that the carried-interest loophole would be eliminated entirely.
• Corporate repatriation tax break. Trump proposes giving a tax break to companies that repatriate corporate cash from overseas. "Some companies have been leaving cash overseas as a tax maneuver. Under this plan, they can bring their cash home and put it to work in America while benefiting from the newly-lowered corporate tax rate that is globally competitive and no longer requires parking cash overseas."

You can read the full plan here.