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When Donald Trump Talks Higher Taxes, Does GOP Listen?
Wall Street Journal ^ | Sep 7, 2015 | Dante Chinni

Posted on 09/08/2015 4:21:58 AM PDT by expat_panama

Donald Trump doesn’t sound like most Republican candidates—and not just because he uses unusually pointed language. It’s also due to his policies. One prominent example: He’s talked about raising taxes on some wealthy Americans and corporations.

The idea of raising taxes is anathema to most GOP politicians. Many sign a pledge promising not to increase them.

How can Mr. Trump lead the Republican presidential field while calling for higher taxes? A look at poll data suggests... 

[snip]

Among lower-income Republicans, a small plurality actually says they would feel more favorable toward a candidate who supports raising taxes on the wealthy.

That support fades at higher incomes levels.

The above offers a glimpse of the populist wave that Mr. Trump is riding in the polls... 

[snip]

 ...idea is unpopular with a group of Republicans that will be critical in 2016: People who say they’ll vote in the GOP primaries.

That 51% unfavorable number shows that the views of primary voters are different than those of Republicans overall. Opposition to tax increases is even higher for self-described primary voters who are also members of the tea party movement.

Much is likely to change as the race unfolds. Mr. Trump has given only hints to his tax policy rather than a full plan. So far, he has suggested that he would tax the compensation of hedge fund managers as ordinary income rather than at its current, lower rate. He has also suggested he would act against mergers that cut a corporation’s U.S. tax bill by moving operations overseas. 

[snip]

(Excerpt) Read more at blogs.wsj.com ...


TOPICS: Business/Economy; News/Current Events; Politics/Elections
KEYWORDS: 2016election; economy; investing; politics; taxes; trump
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Tax hikes for the rich isn't a threat, it's a promise --let the flame war begin!
1 posted on 09/08/2015 4:21:59 AM PDT by expat_panama
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To: Lurkina.n.Learnin

I may get in trouble w/ this. Again.


2 posted on 09/08/2015 4:23:40 AM PDT by expat_panama
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To: expat_panama

The GOPee always says lower taxes but taxes keep going up.


3 posted on 09/08/2015 4:23:48 AM PDT by wastoute (Government cannot redistribute wealth. Government can only redistribute poverty.)
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To: expat_panama

Why does nobody talk about stopping billions in fraud and waste? No new taxes!


4 posted on 09/08/2015 4:27:45 AM PDT by ryan71 (Bibles, Beans and Bullets)
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To: expat_panama

If you listened carefully to what Trump said, he said the system is too complicated and needs to be simplified. He is right. He said the crony capitalists were not paying a fair share of the tax burden, taking advantage of loopholes in the system unavailable to working Americans. He was right. Should taxes overall be reduced? Most definitely. Especially for American businesses and entrepeneurs. But the Uberrich Crony capitalists,part of the globalist mafia seeking to liquidate borders, steal American jobs, pander to the UN and the PetroSheikdoms, yes, they should pay THEIR share of the overall tax burden. And I think that is what he was saying.


5 posted on 09/08/2015 4:28:10 AM PDT by ZULU (Mt. McKinley is the tallest mountain in N. America. Denali is Aleut for "scam artist.")
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To: expat_panama

Don’t worry about taxes. THE DONALD has it all covered. Your eyes are getting veeery sleeepy. Just repeat after me

There’s no place like touchback amnesty...

There’s no place like touchback amnesty...

There’s no place like touchback amnesty...


6 posted on 09/08/2015 4:29:03 AM PDT by LurkLongley (Ad Majoram Dei Gloriam-For the Greater Glory of God)
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To: expat_panama

Rich people are liberals.

Why shouldn’t they pay higher taxes?

In fact, it makes a great deal of sense to every one but the Chamber Of Commerce and and hedge fund types who wring their hands in horror at money most of them won’t miss in their accounts.


7 posted on 09/08/2015 4:29:23 AM PDT by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
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To: expat_panama

Yes, 15% top marginal, loop-hole free is a tax hike.

Donald = Bernie. Down with Donald!


8 posted on 09/08/2015 4:31:26 AM PDT by Crazieman (Article V or National Divorce. The only solutions now.)
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To: expat_panama

The FIRST Bush campaigned on lower taxes, and did raise them.

Trump’s tax plan STARTS at $30,001.00.
No loopholes, no deductions, which is an actual tax raise in itself, is it not?


9 posted on 09/08/2015 4:33:18 AM PDT by Terry L Smith
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To: wastoute

so by all means, let’s nominate someone who promises to raise taxes.....damn, what a steel trap mind you have there....


10 posted on 09/08/2015 4:34:26 AM PDT by C. Edmund Wright (WTF? How Karl Rove and the Establishment Lost...Again)
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To: expat_panama

I’m okay with increasing taxes on hollywood or any other institution run by the left


11 posted on 09/08/2015 4:34:50 AM PDT by 4rcane
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To: expat_panama

The whole article is a lie. He has a proposal and it has lower tax rates than current rates. They are talking about something he proposed years ago that isn’t in his tax plan and he doesn’t support anymore.


12 posted on 09/08/2015 4:47:29 AM PDT by Hugin ("First thing--get yourself a fire"arm!" Sheriff Ed Galt, Last Man Standing.)
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To: C. Edmund Wright

I will take a candidate who promises to end the invasion and send illegals home as a priority. It appears even Trump is backing away from that. Too bad.


13 posted on 09/08/2015 4:53:14 AM PDT by wastoute (Government cannot redistribute wealth. Government can only redistribute poverty.)
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To: ryan71

“Why does nobody talk about stopping billions in fraud and waste? “

That’s not a bug, it’s a feature. The government is well aware of massive fraud and only makes token efforts to stop it. That’s because the desire is to bankrupt America so the downtrodden masses will accept communism. As Saul Alinsky said, (approximately) “Americans are too rich to accept communism. We must take their money away so they embrace it as their savior.”


14 posted on 09/08/2015 4:55:27 AM PDT by Gen.Blather
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To: expat_panama

Trump was speaking of people that are evading taxes by mis-labeling income as long term or short term capital gains such as the hedgies he is surrounded by in NYC.. He has no intention of raising taxes on those not using those loopholes. This is a NON-ISSUE ...


15 posted on 09/08/2015 4:55:40 AM PDT by Neidermeyer ("Our courts should not be collection agencies for crooks." — John Waihee, Governor of Hawaii, 1986-)
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To: C. Edmund Wright

What a steel trap mind YOU have ... see post # 15 .


16 posted on 09/08/2015 4:56:50 AM PDT by Neidermeyer ("Our courts should not be collection agencies for crooks." — John Waihee, Governor of Hawaii, 1986-)
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To: wastoute
I will take a candidate who promises to end the invasion and send illegals home as a priority. It appears even Trump is backing away from that. Too bad.

Okay, fair enough...reasonable thought process^^^ above. And I mean that, your point is valid so it is worth examining piece by piece. First, he "promises to end the invasion." GOOD. That's where we need to start. Agreed. But he's not the only, or the first, to say this. Maybe he's the most effective at rallying people on it, but that's not the same as being the only or the first.

He also "promises to send illegals home as a priority." The problem here is, is that the priority? Or is stopping the invasion the priority? Kate Steinle was murdered by an illegal who had been DEPORTED FIVE TIMES - SENT HOME FIVE TIMES - meaning he snuck in at least six times to this country. So it seems to me the issue that MUST MUST MUST be handled first is the border, stopping the invasion.

Now you say he's backing away from that too a bit. Perhaps it's because he's started to calculate the unthinkable logistical mountain that "sending them all back" will be. Or perhaps he's started to think about how Americans, who may support deportation now, will react to the first Elian Gonzales type video that goes viral of a family being ripped apart by SWAT looking government officers.

I don't know. So while Trump has done us all a tremendous favor with how he's set political correctness back 50 years and how he's sent mortal fear through the establishment....maybe a pause to examine his "promises" and bluster is worth the time. Perhaps there are candidates who will actually deliver more, even as they are not as charismatic and powerful as a personality.

17 posted on 09/08/2015 5:02:56 AM PDT by C. Edmund Wright (WTF? How Karl Rove and the Establishment Lost...Again)
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To: Neidermeyer

you can’t even define the difference between a loop hole and a legit deduction.....and you bore me, you are obsessed with one issue, which is always a sign of mental weakness.
Bye.


18 posted on 09/08/2015 5:03:55 AM PDT by C. Edmund Wright (WTF? How Karl Rove and the Establishment Lost...Again)
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To: expat_panama

Government is a huge snowball. Every move it makes it collects more of our sustenance. Political “leaders” are good at pointing out boogiemen that aren’t paying their “fair” share. If enough people fall for it we “level” the playing field by adding some more to the snowball. Anybody that looks at ANY, and I do mean ANY, politician to make life “fair” is in for a lifetime of dour disappointment.


19 posted on 09/08/2015 5:13:40 AM PDT by Lurkina.n.Learnin (It's a shame enobama truly doesn't care about any of this. Our country, our future, he doesn't care)
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To: ZULU

Well said.


20 posted on 09/08/2015 5:32:04 AM PDT by Behind the Blue Wall
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