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To: Responsibility2nd; plain talk; unixfox
I read this article by Guy Benson, an Anti-Trump jerk. Did you read it? It is a mess.

Here is a complete analysis of Trump's was plan without Guy Benson's rabid interpretation (Anti TrumpBOTs please read before you post):

http://taxfoundation.org/article/details-and-analysis-donald-trump-s-tax-plan

Key Findings:

Mr. Trump’s tax plan would substantially lower individual income taxes and the corporate income tax and eliminate a number of complex features in the current tax code.

Mr. Trump’s plan would cut taxes by $11.98 trillion over the next decade on a static basis. However, the plan would end up reducing tax revenues by $10.14 trillion over the next decade when accounting for economic growth from increases in the supply of labor and capital.

The plan would also result in increased outlays due to higher interest on the debt, creating a ten-year deficit somewhat larger than the estimates above.

According to the Tax Foundation’s Taxes and Growth Model, the plan would significantly reduce marginal tax rates and the cost of capital, which would lead to an 11 percent higher GDP over the long term provided that the tax cut could be appropriately financed.

The plan would also lead to a 29 percent larger capital stock, 6.5 percent higher wages, and 5.3 million more full-time equivalent jobs.

The plan would cut taxes and lead to higher after-tax incomes for taxpayers at all levels of income.

221 posted on 04/21/2016 2:59:58 PM PDT by Chgogal (Obama "hung the SEALs out to dry, basically exposed them like a set of dog balls..." CMH)
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To: Chgogal

Trump says he will raise taxes and tariffs. Is his word not good enough for you?


263 posted on 04/21/2016 3:10:01 PM PDT by plain talk
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