Most of it sounds okay and yes, it may give my family some tax relief but....
I believe everyone who lives in this country should pay some fed, state and county/city taxes...a flat tax looks like the way to go...this isn’t a flat tax.
It’s a transitory migration step. Be patient. Trump already said he wants a flat tax. We will get there.
Everyone who works an on-the-books job pays taxes. Social security taxes are a sizeable chunk of a workers pay.
Thanks, Bernie!
You can call it a flat tax, a vertical tax, or a sine-wave tax. It doesn’t really matter. What matters is whether YOU win or lose under the plan.
It’ll take five minutes to figure out on the back of an envelope. 5 minutes and third grade math.
Agree, but it's nearly impossible to make that argument politically right now. For Trump or anyone else to try to tax, even the smallest bit, those who are currently not paying is basically political suicide. I can't fault Trump for recognizing that reality. Margaret Thatcher actually tried to introduce a tax (was dubbed the poll tax) that forced takers to pay for the first time and she was driven from office.
So yes, everyone should pay something so they have skin in the game. But we are not in a place politically where that is possible.
As to Trump's tax plan, it seems pretty good overall. I also liked his immigration plan. My problem still remains that I don't believe Trump is an ideological conservative and have no confidence were he to win he wouldn't just say something like "well, those are the kinds of things I said as a candidate, now that I'm President I have to go in a different direction much like I did in my role as a businessman". I simply don't believe Trump is an ideological conservative, and I think that shows when he talks about things like socialized health care.
But Trump's actual tax plan seems pretty solid to me.
Everyone should pay taxes. What is your income? Pay in X%. From dishwasher to billionaire. If your tax form is larger than a 4 X 6 notecard, something is wrong with the tax code.