Call it a work in progress.
GOP presidential candidate Donald Trump unveiled Monday the latest version of his plan to overhaul the American tax code, offering relief for everyone from parents paying for child care to the world's largest corporations.
But it remains to be seen where the money will come from to pay for those cuts.
Details of the plan are still fairly sketchy, but in his speech at the Detroit Economic Club, Trump promised they would be forthcoming soon.
"In the coming weeks we will be offering more detail on all of these policies," Trump said Monday.
The Trump campaign has promised that the tax plan would "benefit working families while ensuring the wealthy pay their fair share." But based on details of Trump's plan released earlier in the campaign, some analysts think the biggest winners would be those at the top of the income ladder.
"The proposal would cut taxes at every income level, but high-income taxpayers would receive the biggest cuts, both in dollar terms and as a percentage of income," according to an analysis in December by the Tax Policy Center.
Trump's campaign said Monday the tax plan would "dramatically reduce taxes for everyone and streamline deductions, presenting the biggest tax reform since [the] Reagan [administration]."
But based on the details released so far, the plan would also explode the federal budget deficit, add trillions of dollars to the national debt and substantially raise the government's interest payments, according to several independent analysts.
Trump's tax cuts would amount to some $12 trillion over the next decade, according to the Tax Foundation. Even after accounting for stronger economic growth, the plan would leave the government more than $10 trillion short over the next 10 years. That money would have to be made up for with more borrowing, dramatically expanding the nation's debt.
Trump also promised to ease the burden on American corporations by limiting taxes to 15 percent. The campaign has also promised to "make our corporate tax globally competitive and the United States the most attractive place to invest in the world."
Based on the latest available data, that promise should be fairly easy to keep.