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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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To: Lurkina.n.Learnin
paying their “fair” share

That's a phrase that we only hear from tax lovers.  When the rest of us talk about tax equity we don't complain about someone we don't like not being taxed enough, we talk about lowering our own excessive taxes down to that of other Americans.

21 posted on 09/08/2015 5:34:22 AM PDT by expat_panama
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To: Neidermeyer
Trump was speaking of people that are evading taxes

Somehow I'd have thot that if that were true then he'd have say, mentioned it.  I mean, he talks about a huge tax increase on what he calls "hedge fund managers", higher taxes on them what he says are making "hundreds of millions a year" and a 35% tax hike in imports, and even when you hear the Donald raising taxes on the rich in his own words you never hear him say the words "evade" or "crime".  

Besides, tax evasion is already illegal, why should we be talking about raising taxes if the subject's criminal activity?

22 posted on 09/08/2015 5:47:46 AM PDT by expat_panama
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To: wastoute

The GOPe fails to appreciate that attacking Trump for not being conservative enough is not going to work because the attackers themselves (or those whose bidding they are doing) have been exposed as, at best, phony, lip-service, do nothing pseudo-conservatives (Jeb!, Boehner, McConnell...). Trump is wisely maintaining good relations with the real conservatives in the race (Cruz, Carson).


23 posted on 09/08/2015 5:56:17 AM PDT by Stingray51
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To: Hugin
something he proposed years ago that isn’t in his tax plan and he doesn’t support anymore. 

Ah he changed his mind and all that stuff he says almost two weeks ago is ancient history because he changed his mind. 

 

Then again, is there a chance he's going to change his mind again in another couple weeks maybe?

24 posted on 09/08/2015 5:58:21 AM PDT by expat_panama
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To: 4rcane
okay with increasing taxes on hollywood

lol!!  I was just thinking this morning on what a hard time I'm having finding suitable programming for my viewing pleasure...

25 posted on 09/08/2015 6:00:12 AM PDT by expat_panama
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To: expat_panama
I agree in tax increases, too. One the 49% that pay virtually no federal tax.

Everyone needs skin in the game. As it is, these people never met a tax increase (on the rest of us) they didn't love.

And I wouldn't mind punks like Zuckerberg being s little less cozy with the feds, maybe if they'd threaten to take enough from his stash to hurt he wouldn't be.

26 posted on 09/08/2015 6:18:46 AM PDT by skeeter
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To: Terry L Smith
FIRST Bush campaigned on lower taxes, and did raise them

Ah, so that's supposed to make raising taxes a good thing so we'll want to vote for Trump.

27 posted on 09/08/2015 6:22:27 AM PDT by expat_panama
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To: LurkLongley

>>There’s no place like touchback amnesty...

Visualize that big, beautiful open door.


28 posted on 09/08/2015 6:37:02 AM PDT by Lisbon1940 (No full-term governors)
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To: goldstategop
Why shouldn’t they pay higher taxes?...  ...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.

Like Obama says about those who have more money than they need? 

We need to forget about Trump's tax hikes and start talking about our proposals for gov't spending cuts.

29 posted on 09/08/2015 6:40:21 AM PDT by expat_panama
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To: skeeter
tax increases

pse note Reagan quote above.

30 posted on 09/08/2015 6:41:56 AM PDT by expat_panama
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To: expat_panama
I agree. But allowing a large portion of our population to skate on taxes entirely has been a disaster the democrats have taken full advantage of. Its why our side isn't even talking about lowering taxes anymore.

If some pay, then all pay. Then maybe we can start talking about reform.

31 posted on 09/08/2015 6:44:51 AM PDT by skeeter
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Comment #32 Removed by Moderator

To: expat_panama
The Donald has made it abundantly clear to anyone not suffering from TWS, that he's going to make the rich "pay their fair share."

Every populist politician in history has attacked the rich for not paying their share of the bill. It's the best way to lather up the economic illiterates. History also shows us that the threshold for being rich rapidly decreases as the politician begins to realize that there are not enough rich people to deliver on his/her promises.

Trump may not know what he really believes in, but he knows what sells. Soaking the rich is a strategy that appeals to both sides of the equation. And the country gets screwed.....unless he changes his mind......again.

33 posted on 09/08/2015 7:20:25 AM PDT by Mase (Save me from the people who would save me from myself!)
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To: skeeter
...why our side isn't even talking about lowering taxes anymore.

Not sure what your side is but my side calls for lower taxes.  Remember TEA party meant 'Taxed Enough Already'.   imho any faction not talking tax cuts --let alone wanting increases-- is definitely no group that I'd ever want in power.

34 posted on 09/08/2015 7:51:53 AM PDT by expat_panama
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To: expat_panama

How many votes does your ‘side’ have in congress?


35 posted on 09/08/2015 7:55:32 AM PDT by skeeter
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To: oncebitten
...investment never makes it way back to Main Street... ...agree with Trump, many people including hedge fund guys and REITs, etc., are paying 15% tax and not benifiting the Main Street economy - so...

That may sit well with the Bernie Sanders/Marxist view, but reality is that virtually all human production is borne of a mix of some capital and some labor.

36 posted on 09/08/2015 7:59:45 AM PDT by expat_panama
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To: expat_panama

I don’t think Trump is advocating for higher taxes for wealthy Americans. The plan I saw would lower taxes for them and possibly raise taxes on lower income people.


37 posted on 09/08/2015 8:02:31 AM PDT by DoodleDawg
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To: skeeter
How many votes does your ‘side’ have in congress?

--or in the White House? Or on the supreme court?   The way things are is not always the way things should be, nor the way they we want to make them.

38 posted on 09/08/2015 8:04:05 AM PDT by expat_panama
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To: expat_panama

My point, which I will make once more and then go away, is that given the system we have to work with we can expect NO talk of tax cuts until more people are actually paying them.


39 posted on 09/08/2015 8:07:04 AM PDT by skeeter
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To: DoodleDawg
The plan I saw would lower taxes

Huh.  The Trump I saw wanted higher taxes.  Where are we disconnecting here?

40 posted on 09/08/2015 8:07:07 AM PDT by expat_panama
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