Yes, 25/15/10/0 is still too steep for me, I’d prefer a flat tax on all income above the poverty line. And he hasn’t said a lot about corporate taxes, where I believe the real ‘rubber meets the road’ regarding actual economic stimulus. I’m hoping someone out there knows where he might have issued a statement on it.
“Yes, 25/15/10/0 is still too steep for me, I’d prefer a flat tax”
I don’t think you are serious in your words. Trump’s plan and Cruz plan end up at virtually the same place. And did you think about the dangers of a flat tax? Or the fact that it is politically impossible to get a flat tax passed in Congress? It may sound good in a political ad, but it’s not reality.
And Trump’s corporate plans are the best of any candidate. These are just 2 points ...
“No business of any size, from a Fortune 500 to a mom and pop shop to a freelancer living job to job, will pay more than 15% of their business income in taxes. This lower rate makes corporate inversions unnecessary by making America’s tax rate one of the best in the world.”
“A one-time deemed repatriation of corporate cash held overseas at a significantly discounted 10% tax rate. Since we are making America’s corporate tax rate globally competitive, it is only fair that corporations help make that move fiscally responsible. U.S.-owned corporations have as much as $2.5 trillion in cash sitting overseas.”
Did you approve of Teddy’s messed up, unworkable, purloined “FLAT TAX” position AND his VAT?