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To: SeekAndFind

The article mentions two trouble spots in Trump’s tax plan:

1) His declaration that some 70 million households will not pay income tax under Trump’s plan. That’s close to two-thirds of the 110 million or so US households.

Every citizen should have a stake, even if minimal in the running of his country.

Already close to 4 of 10 Americans pay no income tax. Do we really want the top third in America bearing the whole burden?

2) Trump’s approach could build a political tidal wave of support in the future for raising income taxes higher and higher to finance more “free” services from government, because, after all, it’s only the rich who are going to pay the tab.


2 posted on 09/29/2015 6:28:28 AM PDT by SeekAndFind
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To: SeekAndFind

“Every citizen should have a stake, even if minimal in the running of his country.”

Agreed.


6 posted on 09/29/2015 6:48:21 AM PDT by moovova
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To: SeekAndFind

I am leery of the meme that we should be pursuing “growth”, because that literally means the growth of personal debt.

Bankers want “growth”.

Humans should want an increase in savings and wealth, which is the opposite of “growth”.

“Growth” can bite me.


7 posted on 09/29/2015 6:53:55 AM PDT by T-Bone Texan (The economic collapse is imminent. Buy staple food and OTC meds now, before prices skyrocket.)
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To: SeekAndFind
He's proposing the biggest reduction in tax rates since the 1986 Tax Reform Act under Ronald Reagan, and like the Gipper's reforms, this plan would cover the costs by closing loopholes. So, bravo.

The big problem with this approach is that once you "close" the "loopholes" (aka eliminate tax deductions) in exchange for lower tax rates, the deductions are gone forever, but the democrats are more than willing to raise those rates back up to where they were and higher at their first opportunity.

9 posted on 09/29/2015 7:00:51 AM PDT by VRWCmember
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To: SeekAndFind
The plan looks very good.

I don't like this:

"some 70 million households will not pay income tax under Trump-onomics."
Everyone should pay taxes.

When my wife and I were in college and living on $200 per month (which I earned) we paid $5 per month in taxes, and, even under such hardship conditions, I considered that fair. It was.

In fact--naive though I was--I wrote a letter to the IRS (they had screwed things up) in which I said that the taxes I paid were some of the best money I spent.

11 posted on 09/29/2015 7:06:59 AM PDT by Savage Beast ("You can, in fact must, shout 'Fire!' in a crowded theater. It just has to be the truth." J.Goldberg)
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To: SeekAndFind

Republicans created the current mess, Democrats exploited what the R’s created. Trump’s is probably the only workable plan that can FIRST get him elected. Once in office he can hopefully, slowly start to undo what the red & blue parties have done. Ref——http://theconservativetreehouse.com/2015/09/29/about-these-tax-plans-establishment-republicans-have-a-george-w-bush-tax-the-rich-problem/


13 posted on 09/29/2015 8:06:03 AM PDT by yadent
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To: SeekAndFind

My only criticism is that unless you are destitute you should pay some minimal amount tax so you have skin in the game. Even a few hundred bucks a year. Other than that its a great plan.

The Stuart Varney show was a love fest for this plan last night. Herman Cain gave it a 7 out of 10 this morning.


15 posted on 09/29/2015 10:26:23 AM PDT by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped)
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To: SeekAndFind
You and I know the difference between state income taxes, city taxes, property taxes, etc. I bet you low information voters who most likely fall into the fed income tax category we are talking about have no effing clue. They probably think they are paying for fed spending. And if they are paying FICA and Medicare taxes then they are since our Congress spend more than they take in and those confiscated FICA and Medicare taxes are spent for stuff they are not intended for. I guess we can debate where the Medicare tax revenues are going but considering the annual deficit it is a moot point.
25 posted on 09/29/2015 11:44:33 AM PDT by Chgogal (Obama "hung the SEALs out to dry, basically exposed them like a set of dog balls..." CMH)
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