I have no illusions about who is going to be the nominee. Trump has it in the bag. I will probably vote for Trump against Hillary. I live in California, so it won’t matter anyway.
But Trump is just Romney with bad hair.
He’s started his hard turn left. Bathrooms, Taxes, Abortion. All in one day.
He will try to stay to the right of Hillary, but given his history of shooting from the hip and his knee jerk New York liberalism, it might be hard.
You go to war with the army you have,
not the army you might want to have.
They sure as heck didn't walk into the guys bathroom dressed as gals.
http://taxfoundation.org/article/details-and-analysis-donald-trump-s-tax-plan
Key Findings:
Mr. Trumps 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. Trumps 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 Foundations 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.
Also to my horror this morning I read about activist Hedge Funds. When Trump talks about taxing the rich and the reporter drills down Trump is talking about Hedge Funds. Here is what I read this morning and I find it dangerous - who the hell elected them to be the jury, judge and executioners?