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“It’s going to be very specific:” Donald Trump to release tax plan Monday morning
fox6now.com/CNN Wire Serivice ^

Posted on 09/27/2015 6:40:19 AM PDT by RoosterRedux

Donald Trump will release his tax plan Monday morning, his campaign manager said Saturday.

Corey Lewandowski also told CNN that the plan will be published on Trump’s website.

On Wednesday, Trump said his plan will call for middle class tax cuts and hikes for hedge fund managers.

“(It) will be very long on policy and will be a great plan, with a major reduction in taxes for the middle class,” Trump said at a town hall meeting in Columbia, South Carolina, at the University of South Carolina.

Trump promised that his plan would be “great” for middle income residents and businesses, but not so much for hedge fund managers, who he has turned into political punching bags of late.

“It’s going to be very specific,” Trump said of his proposal. “And I think it’s going to be a plan that creates incentives, and I think it’s going to be a plan that makes people happy, other than maybe the hedge fund guys, who make hundreds of millions of dollars and pay very little tax. I mean, those guys will not exactly love me.”

(Excerpt) Read more at cnn.com ...


TOPICS: News/Current Events
KEYWORDS: trump
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To: LS
He has said repeatedly that he wants to eliminate the tax on corporations entirely.

We'll find out tomorrow if he is sticking with that.

I am also curious to see if there is a transition period or if it will be just BOOM.

Whatever he says, I expect it to be revolutionary.

41 posted on 09/27/2015 7:19:31 AM PDT by RoosterRedux (Trump: As long as you are going to be thinking anyway, think big.)
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To: EternalVigilance

Have you already read his plan or are you fortune telling?


42 posted on 09/27/2015 7:20:18 AM PDT by nclaurel
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To: RoosterRedux

The Town Hall interview with Trump in South Carolina hosted by Senator Tim Scott was good and Trump gives very solid answers to great and serious questions. I think it shows Trump can give specific answers and that he has a command of the issues. This is not like his rally speeches where he tends to ramble. Trump is sharper than many give him credit for. I support his stances.

https://m.youtube.com/watch?t=2716&v=RPsigtl7aoY


43 posted on 09/27/2015 7:20:53 AM PDT by Rona Badger (Heeds the calling wind.)
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To: Tax-chick

I don’t think there is a standard definition of a hedge fund.

I always thought the so-called hedge fund had a much wider latitude with their investors, such as the use of options, shorting stocks or indexes, venturing into forex or commodities when warranted, etc.

But I’ve been told I’m wrong (although no one seems to know what the right answer is).


44 posted on 09/27/2015 7:20:53 AM PDT by MichaelCorleone (Jesus Christ is not a religion. He's the Truth.)
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To: Starboard

I like Trump, but I also like to hear how one plans to do something. So far he’s been vague on nearly everything. Time to up your game Mr. Trump. It will be good for your candidacy.
==========================================•=====••••••••====
Yes, because leading every other candidate since early summer, most by double digits, isn’t enough.


45 posted on 09/27/2015 7:21:38 AM PDT by ripnbang ("An armed man is a citizen, an unarmed man a subject")
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To: RoosterRedux

I thought the point of Trump’s plan was not needing details. A flat rate at different income levels, or are there higher rates for certain types of income, like stock trading. A million or more people feed off the tax code bureaucracy, they better start considering a job change, 70,000 plus page tax code is Idiocracy.


46 posted on 09/27/2015 7:22:02 AM PDT by King Moonracer (Bad lighting and cheap fabric, that's how you sell clothing.....)
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To: Starboard

Interesting! I just requested the book from the library.


47 posted on 09/27/2015 7:23:26 AM PDT by Tax-chick ("There will be no conservative issue islands left to stand on if the red tide comes in."~S. Knish)
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To: Jane Long

Exactly, Jane.


48 posted on 09/27/2015 7:24:30 AM PDT by Rona Badger (Heeds the calling wind.)
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To: ClearCase_guy

Exactly

Position paper # 3 coming up

I just wonder who he has appointed to draft his foreign policy paper?


49 posted on 09/27/2015 7:25:35 AM PDT by silverleaf (Age takes a toll: Please have exact change)
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To: RushIsMyTeddyBear

Trump seeks out the best


50 posted on 09/27/2015 7:26:27 AM PDT by silverleaf (Age takes a toll: Please have exact change)
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To: Tax-chick

Yep, those damn hedge fund people. My life will vastly improve only if their tax rate is the same as mine; that is what really matters. Now, if the country is invaded and overrun, that doesn’t matter that much at all. Nor dissolving the military — that is okay. And being a slave to political correctness has it good points. Not having anything manufactured in the United States will save on air pollution. Getting rid of Christianity will improve all our lives. And it is extremism and racism to say we want to make America great again, because when America was great, it was mostly white. So we can’t have that at all. And after we are all assigned to the dustbin of history, we can comfort ourselves -— we got those damned hedge fund guys.


51 posted on 09/27/2015 7:26:29 AM PDT by odawg
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To: EternalVigilance

Reviving a dying middle class is not ‘pandering’, it is restoring an indispensable unit of our economy.

Without the middle class, you have the rich, and those that serve them. Not a prescription for the land of the free; the home of the brave.

0bamacare, among other things, are killing the middle class and that is by design, make no mistake.


52 posted on 09/27/2015 7:27:32 AM PDT by MichaelCorleone (Jesus Christ is not a religion. He's the Truth.)
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To: Sacajaweau

Yea.. What detailed plans???


53 posted on 09/27/2015 7:27:42 AM PDT by Man from Oz
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To: MichaelCorleone
And Trump detractors will claim he hasn't read this paper anyway and said something different 20 years ago or last week in an edited 10 second sound bite
54 posted on 09/27/2015 7:28:43 AM PDT by silverleaf (Age takes a toll: Please have exact change)
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To: Starboard

Where are the other candidates detailed immigration plans and statement of position of the 2nd amendment??? Give the man time..


55 posted on 09/27/2015 7:29:57 AM PDT by Man from Oz
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To: taildragger

Great description!

I think a student loan disaster may be punted in some way into the future, while state/municipal pensions - a much bigger disaster - may collapse sooner. One reason I think so is that retired people have a higher political participation rate than students.


56 posted on 09/27/2015 7:32:27 AM PDT by Tax-chick ("There will be no conservative issue islands left to stand on if the red tide comes in."~S. Knish)
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To: LS
And remember it is some of these hedge fund guys who are setting up and giving to candidates PACs.
57 posted on 09/27/2015 7:34:14 AM PDT by Amntn
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To: Tax-chick

You may find this article of interest. Note in particular the 10-year graph on page 1.

http://time.com/money/3956351/jack-bogle-index-fund/

But I confess, I do own some mutual funds that overweight certain sectors that I like. :)


58 posted on 09/27/2015 7:34:46 AM PDT by Starboard
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To: RoosterRedux

He’ll be working with Steve Forbes? That’s tremendous!

Back in the day, I wanted SF to get the Republican nod, but...you know the rest of the story.

This is not only about Donald Trump, but the outstanding team he will put together to make things happen. And not one of them will be politically correct!

Exciting. Very exciting.


59 posted on 09/27/2015 7:34:50 AM PDT by MichaelCorleone (Jesus Christ is not a religion. He's the Truth.)
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To: Man from Oz

Please see my comment #25.


60 posted on 09/27/2015 7:35:51 AM PDT by Starboard
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