A tax plan Lois Lerner can love.
No IRS reform. Makes non-taxpayers the majority.
Taxes
Garnish their salaries! That will bring them to heel soon enough.
budget has to be slashed and burned.
or no tax change will make up the difference.
at LEAST half a trillion trimmed off.
It’s easy to cut taxes. Cutting spending to keep from blowing up the deficit is the hard part and the part Trump isn’t talking about.
A tax plan Lois Lerner can love.
No IRS reform. Makes non-taxpayers the majority.
While I’m all for tax reform, the only thing that will make America America again is to severely reduce the size of government.
This plan should not fly until everyone working, is also paying taxes at the same rate as the “rich”. No class warfare allowed, everyone has skin in the game, it is the only way.
Spending is allowed up to and including the last farthing of tax revenue that is projected to be sent to DC. Not one cent further, and tax money does not go directly to DC from any citizen. The States act as a filter as they should.
IOW they pay their own way first with money earned in the state, not waiting interminably for it to return with strings attached and borrowed from who knows where at the whim of the all too generous federal leviathan.
“1. Tax relief for middle class Americans”
not possible at present spending levels
[The middle class shouldn’t be promised tax cuts - sorry, but the welfare state needs to be paid for (or reduced)]
[The lazy are eating, watching TV, surfing the net, sleeping, chatting away, etc. at your expense.]
2.Simplify the tax code
[about the only practical one of the four.]
3.Grow the American economy
[only modest growth is possible, unless we invite 300 million more people in - do you want that? and small apartments for your grandchildren?]
growth can mainly come from:
a. putting disabled people in jobs
b., increasing the PPACA 30-hour cap to say 35 hours
c. getting people in areas of high unemployment into factory jobs [financed by requiring public employee unions to manage their own pension funds/funding - their best investments would be in the burgs that pay them since local investments would pay both profits and additional tax revenue]
d. opening up the medical trades (such as dentistry - I could use a few affordable implants myself)
Remember, if you are already busting your posterior, your output isn’t going to grow by much. Most Americans who work, work hard.
“4.Doesn’t add to our debt and deficit, which are already too large.”
If the middle class are to pay significantly less, the high income crowd (and poor folks [really?]) need to pay more.
Although Trump probably does not know this, his tax plan actually reflects how the federal government originally raised revenue.
For example, consider that Thomas Jefferson, himself a wealthy citizen, had noted that rich people uniquely supported the federal government through the taxes that they paid.
”The rich alone use imported articles, and on these alone the whole taxes of the General Government are levied [emphasis added]. . . . Our revenues liberated by the discharge of the public debt, and its surplus applied to canals, roads, schools, etc., the farmer will see his government supported, his children educated, and the face of his country made a paradise by the contributions of the rich alone, without his being called on to spend a cent from his earnings.” - Thomas Jefferson to Thaddeus Kosciusko, 1811.
In fact, note that most of the delegates to the Constitutional Convention were wealthy. So I commend the Founders for committing themselves, and other wealthy citizens, to uniquely paying all taxes necessary to operate the federal government which they established. They put their money where their mouths were.
But more importantly, and unfortunately this has long been forgotten, note that a previous generation of state sovereignty-respecting justices had clarified that Congress is prohibited from appropriating taxes in the name of state power issues, essentially any issue that Congress cannot justify under its constitutional Article I, Section 8-limited powers.
”Congress is not empowered to tax for those purposes which are within the exclusive province of the States.” - Justice John Marshall, Gibbons v. Ogden, 1824.
So although rich citizens uniquely paid the taxes necessary for the federal government to operate, the rich could limit the taxes they paid by policing Congress to make sure that the federal budget complied with Supreme Courts clarification of Congresss limited power to appropriate taxes.
And speaking of the federal budget, Trumps supporters need to get him up to speed with the following rough estimate as to what the federal budget should actually be imo.
From a related thread . . .
Based on the Courts clarification of Congresss limited power to appropriate taxes, here is a rough approximation of how much taxpayers should be paying Congress annually to perform its Section 8-limited power duties.
Given that the plurality of clauses in Section 8 deal with defense, and given that the Department of Defense budget for 2015 was $500+ billion, I will generously round up the $500+ billion figure to $1 trillion (but probably much less) as the annual price tag of the federal government to the taxpayers.
In other words, the corrupt media, including Obama guard dog Fx Noise, should not be reporting multi-trillion dollar annual federal budgets without mentioning the Supreme Courts clarification of Congresss limited power to appropriate taxes in budget discussions.
Remember in November !
When patriots elect Trump, Cruz, or whatever conservative they elect, they need to also elect a new, state sovereignty-respecting Congress that will not only work within its Section 8-limited powers to support the new president, but also protect the states from unconstitutional federal government overreach.
Also, consider that such a Congress would probably be willing to fire state sovereignty-ignoring activist justices.
I was listening to the Larry Kudlow radio show, he is a top financial guy and an economic savant, and he along with two other economic gurus loved the Trump tax plan, lots of praises that Trump’s plan is the ticket for and economic and GDP total recovery and an American decade of prosperity for all of us.