WRongo.
Trump’s plan has been blessed and lauded by economic experts Larry Kudlow, Steve Forbes and Art Laffer as tax savings across the board and especially to middle class Americans as well as businesses. The only ones who might not fair as well are the hedge fund managers....since they get to underreport their incomes, under current tax laws.
So, cRuz PAC funder/hedge fund manager, Robert Mercer likely does not like Trump’s plan.
cRuz’s plan INCLUDES a business VAT tax.....which penalizes businesses and DOES redistribute wealth.
NO VAT TAX!!
Once it starts....it only increases!!!
He’s repealing the corporate income tax and the payroll tax. So this is all about eliminating and reducing taxes. Analysts have said this type of restructuring of the business tax code would be a huge promoter of economic growth.