Linear thinkers just cannot grasp the relationship between tax rates and tax revenues.
Forget that it's still progressive and since he refuses to deal with SS and Medicare all growth in receipts to the Treasury will be wiped out before his first term is over.
Not to worry, he'll tweet an insult or two and the drone will line up behind him telling him how great he is.
Tax cuts need to be combined with spending cuts. So far Trump has said he would increase spending on the military, increase spending on infrastructure, keep Social Security and Medicare and Medicaid at their current levels, and provide health care for everyone. His proposals for cuts have been vague and wouldn’t come close to offsetting the new deficit much less reducing the current one. I think that under a Trump administration that $10 trillion figure would probably be optimistic.
Tax cuts need to be combined with spending cuts. So far Trump has said he would increase spending on the military, increase spending on infrastructure, keep Social Security and Medicare and Medicaid at their current levels, and provide health care for everyone. His proposals for cuts have been vague and wouldn’t come close to offsetting the new deficit much less reducing the current one. I think that under a Trump administration that $10 trillion figure would probably be optimistic.
Please post the detailed tax-plans of the other 10 candidates so we can make a comparison.
BTW, this Trump tax-plan hit pieces from The Tax Foundation is over 3 months old and was posted ad nauseam then.
You anti-Trump trolls just keep posting the same dirt over and over and over again. It’s really getting kind of boring, so please find some new dirt.
Regardless and whatever. Facts don’t matter.
“According to an analysis by the Tax Foundation, Trump’s plan would add trillions to the national debt, more than the current sum added after seven years of President Obama’s policies (via Weekly Standard)”
Reagan faced the SAME EXACT accusations when he proposed his tax cuts. What these liars try to hide is that tax reductions increase government tax revenue due to an expanding economy. Reagan got his tax cuts, and the amount of tax money flowing into government coffers probably doubled. Reagan also proposed cutting spending, but was usually overruled by democratic controlled Congress that loved to spend all the money coming in.
The story is that Reagan got his idea that decreasing taxes increased government revenue from John Kennedy, who got it from Konrad Adenauer of West Germany, who got it from Alexander Hamilton, who got it from Joseph in the Book of Genesis.
We hear a lot about what is conservatism. Cutting taxes has always been avery conservative concept.
Big difference between Trump and bozo: If Trump does something that doesn’t work he will try something else.
The same attacks were made against Reagan's tax plan. Yet the result of Reagan's tax cuts was that revenue doubled to the Treasury.
If a tax plan creates more jobs and increases the amount workers make, tax cuts can increase or, at least, offset revenue.
Any conservative writing this trash ought to be ashamed of themselves.
simply NO
other than that the usual chicken little stuff
Trump: Living rent free in your head since 2015!
This makes me laugh, Trumps plan is essentially the same as Ronald Reagan’s. He must have been a progressive too.
Vote for Bernie...get free chit.