Trump also wrote, “Imagine your paycheck was 40 percent higher than it currently is. What could you do with 40 percent more wealth? How many jobs and opportunities for others could you create?”
That is NOT 40% more wealth; only 40% more income.
5 posted on 08/10/2015 7:18:41 AM PDT by VRWCmember
If you aren't changing your liabilities or income, then a simple reduction in your tax expense will increase your net income. If the increased income due to reduced taxes goes into increasing cash assets (savings), and your liabilities remain the same, then you have increased your net worth (wealth).
-PJ
73 posted on 08/10/2015 8:53:15 AM PDT by Political Junkie Too
(If you are the Posterity of We the People, then you are a Natural Born Citizen.)