Posted on 09/28/2015 9:20:30 AM PDT by DannyTN
If he puts in place tariffs and/or fair trade that returns Americans jobs, he will have a big boost in revenues from the tariffs and/or income taxes on the new jobs.
The one thing I take away..
TAX THE RICH MORE!
ya.. that’ll fix the problem.
tariffs are simply passed on to the people buying the product. aka Us.
He is raising taxes on all american people. many are just to dumb to realize it.
Good plan!
Cue the Trump haters to tell us about how concerned they are about Trump, and how stupid we are to believe in him.
Trump has my vote on this alone.
“The highest individual income-tax rate would be 25%, compared with the current 39.6% rate.”
And the deficit?
The size of government?
Looks great!
Pray America wakes
Again, the cheap import price doesn't include the following costs:
A tariff at a minimum should offset those costs otherwise we are shooting ourselves in the foot everytime we import.
All taxpayers still have to pay state and local taxes regardless. Putting more money in taxpayer’s pockets stimulates the economy. So, even if they aren’t paying federal taxes - they still pay sales taxes, state (where applicable) and local taxes.
Huge, critical mistake. This is why our country is swirling down the toilet. Too many people don't feel the pain of paying taxes. EVERYONE needs to pay at least 10% of their income in tax, period. It will make the moochers think twice before they vote themselves more government goodies, thinking that only "the rich" will pay for it.
Trump also needs to get rid of Affirmative Action in the workplace. This is what has been crippling American business in the global marketplace.
Well, it’s a plan, Gramps. And DT has put this and other plans out there for folks to consider. Better than pulling a Boehner and DOING NOTHING!
This Trump plan cannot be any worse than the mess we have now.
Kinda wondering about that myself.
And even if it’s 5 percent, no one should pay no taxes.
I have to laugh at people who believe this is a finished product. It will be tweaked and debated and then a final plan would be forthcoming. This is a blueprint. People in this country are so ill informed.
Bet Trump would do that long before Fiorina.
I love it!
This poor widow will pay no federal income taxes!!!
The size of gov't depends on other things. Personally, I'd love to see the next President come out and say:
By Executive Order, all federal budgets are frozen at their current levels, with the exception of the Military who will get an immediate 5% raise. In addition, the EPA is now closed. All other agencies, excluding the military, will be required to trim the number of employees by 10% over the next year while maintaining the current level of service. Those managers who cannot do this will be replaced by someone who can. Have a nice day.
My wife and I are in our 70’s on the high end, and we pay taxes quarterly and monthly.
I keep a large folder for our weekly/monthly/yearly deductions, and the end of the year organize it into a spreadsheet for our CPA.
We spend close to an hour with him and get a bill of about $400 to keep the IRS dogs off our back.
We have very productive younger relatives, who have to deal with even more tax bs. Depending on their income flows, some deal/meet with their CPAs monthly/quarterly and pay dearly to abide with all of the IRS requirements.
Our younger relatives, those in our age bracket, will welcome this new tax plan!
“..This Trump plan cannot be any worse than the mess we have now...”
It is a great start at least in the right direction. Too many freeloaders who do not pay tax on INCOME (wages, salary, interest and dividend earnings). A good base plan that is a start. At least he got something out there based on improving our capitalistic economy as opposed to destroying it.
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