Works for me.
This will propel Trump another 20 points
The Democrats will explode.
3) Lowering the U.S. corporate tax rate from 39 percent to zero to help create jobs.
Corporations due not pay taxes they pass them on to us..
That would be nice...
I do not see much wrong with that
We don’t care about H&R Block, it’s the IRS we want gone.
Herman Cain’s 9-9-9 plan was catchier.
I like it.
On his FIRST day in office he should repeal the “Fat Cat” tax, which prevents all Americans —the poor ones also— from holding a bank account overseas.
Currently we are all LEPERS to the entire non-American baking world.
You’re an Ebola carrier to all of them.
Under this plan, I would guess many deductions would be eliminated. The home mortgage deduction (taxes paid, interest) for one.
“Abolish the estate or “death” tax”
Didn’t Obama bring this back. Now why should someone not be able to give their own belongings to his family after he has left this Earth?
From this week:
“”I would let people who are making hundreds of millions of dollars a year pay some tax,” Trump said during an interview with Bloomberg News on Wednesday. “Because right now, they’re paying very little tax. I think it’s outrageous.”
And Trump — who owns three New Jersey golf courses and once owned three Atlantic City casinos — knows that means he’d have to pay more, too.
“That’s right. I’m okay with it,” he told Bloomberg on Wednesday. “You’ve seen my statements. I do very well. I don’t mind paying a little more in taxes.””
This seems like a very Conservative plan to me. It lowers taxes on everyone, simplifies the code and everybody has ‘skin in the game’.
There was some provision of the old plan that made me think he’d have to double it to 2, 10, 20, 30.
Size of current budget is so much larger now....that was it.
Any graduated income tax is straight out of the playbook of Marx and Engels.
And this is a graduated income tax.
The Fair Tax would be better.
Of course, no mention of congress....Trump will just follow Obama’s lead and use his pen and phone.
The 20% tax on corporations moving overseas is a bad idea. But alas, not many will move if we eliminate corporate tax here on our shores.
Though, I dislike a progressive income tax, this is one hell of a lot better than the current atrocity.
More specifically, Congress can appropriate taxes only for things that it can justify under its constitutional, Article I, Section 8-limited powers.
“Congress is not empowered to tax for those purposes which are within the exclusive province of the States.” —Justice John Marshall, Gibbons v. Ogden, 1824.
I’ve read in several places where the Right were critical of Trump because Trump support progressive income tax, but “this” progressive income tax is not bad