I like his immigration plan. If he sticks to what he put in his book I like his plan for health care.
I ain’t exactly popping Champagne corks and dancing in the street over this Tax plan.
It keeps in place an abusive, and punitive Government agency that just 4 years ago helped steal a presidential election, and has stolen millions of dollars from innocent Americans who have no recourse against it.
Also the graduated tax plan is still the same stuff we’ve seen from every Democrat. It punishes success, and foments class warfare.
About the only positive I’ve heard is the cutting of Corporate taxes, and maybe some indication of simplification.
So explain to me why this tax plan is “Outstanding”.
You’ve described the existing system very well. Not only unfair, its become abusive when the state is targeting people with certain political beliefs(ie. us).
The big improvement is simplicity. As I understand it:
0-30k 1% tax rate
30-100k 5% tax rate
100k-1million 10%
1million+ 15%
No deductions. To a large degree, this de-fangs the IRS.
It also makes the bottom 40%, who pay negative taxes, taxpayers, which is a basic level of a stakeholder.
This link below gives roughly the current status. You’ll see all types of breakdowns depending on the news outlet and who they are catering to. Not shown is the top 1% are paying 25% at present.
http://www.wsj.com/articles/top-20-of-earners-pay-84-of-income-tax-1428674384
Trump’s comments last week on the hedge fund scammers tells me he knows exactly what’s what. They pay capital gains rate on their yearly income.
Regardless, he’ll have a battle with this, like immigration. So many embedded interests, which is another reason an intelligent, informed outsider is a positive.
What are your thoughts?
When reversing direction, you first let off the gas, stop forward motion, then shift into reverse, then let out the clutch, then open the throttle.