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To: Red Steel

Yes its a yuge tax cut. I’m OK with everything except I’m sorry if you and the wife are making $49,900 per year you can pay something. Same as if you are making $25,000. Maybe 3%-5%. Letting 50% of the working public out of taxes is a poor idea. Unless you are really destitute you should have some skin in the game even if its $500 per year.


64 posted on 09/28/2015 9:41:39 AM PDT by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped)
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To: Georgia Girl 2

I never begrudge anyone who pays less in taxes. All taxes in Trump’s plan went down for everyone. “The skin in the game” - I don’t buy it. We used that against Dem, but Dems do not like to cut any ones taxes poor or the rich. The money people save in taxes gets spent that spurs on economic growth, which generates more taxes for government since the tax base enlarges.


65 posted on 09/28/2015 9:50:23 AM PDT by Red Steel (Ted Cruz: 'I'm a Big Fan of Donald Trump')
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To: Georgia Girl 2
Correct me if I have this wrong but I interpreted Trump's tax plan to mean that if you make less than $50,000 (as a married couple), you pay zero taxes but then you are taxed 10% on every dollar above $50,000. So if you are making as a couple $55,000 a year, you pay zero tax on the first $50,000 and 10% tax on the $5,000 (or $500).

It would be silly to tax a couple $5,000 for making $50,001/year while taxing zero for making one dollar less.

71 posted on 09/28/2015 11:27:58 AM PDT by SamAdams76 (A businessman gets things done with own money. A politician takes money and gets nothing done.)
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