I like the fact that Trump’s tax plan is scored with the highest deficit when applied to current spending. That means that Donald Trump plans to cut the size of the federal government more that any other candidate. There was a story that so many federal government workers have threatened to quit if Donald Trump is elected, that the budget is balanced his first year.
So many families are on the brink of collapse, i know of one that last year combined made less than $16,000, for the decade prior made between $40 to $65 thousand, its that bad.
The next two years will be tough for families in that lowest bracket to climb back up, especially paying back debt, Trumps plan gives them a running start. 0, zero taxation.
You cannot starve the federal government into submission.
It will not work. You either kill the program or it continues.
When you try to starve the federal government it just prints and borrows more money in your name. It just ends up being a tax on the future and those who have saved.
Over Obama’s term he’s spent 8 trillion dollars more than what the government took in. And that in spite of raising taxes substantially. It is as simple as that.
Isn’t trumps plan raising taxes on business and “the rich”?
Or not.