What is BS? I have no idea what his tax plan “purposed” months ago was, however, if his tax plan “purposed” months ago did NOT involve raising taxes on the wealthy, then he HAS changed them. Period. Because in the interview in question he called for raising taxes on the wealthy.
“For the wealthy I think frankly it is going to go up and, you know what, it really should go up.”
For English speakers, that is a proposed tax increase on the wealthy.
I have no idea what his tax plan “purposed” months ago was, however, if his tax plan “purposed” months ago did NOT involve raising taxes on the wealthy, then he HAS changed them. Period.
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His purposed tax plan is on his website. I would call his new position a pretty big change, since he just disavowed his entire tax plan.
“If you are single and earn less than $25,000, or married and jointly earn less than $50,000, you will not owe any income tax.
All other Americans will get a simpler tax code with four brackets – 0%, 10%, 20% and 25% – instead of the current seven.”
Rates will go down. Certain loopholes will be elliminated. Taxes will go up for some wealthy taxpayers, like hedge fund traders, who enjoyed loopholes, and therefore paid an artificially low marginal rate.
It is possible to make millions and pay zero taxes due to certain loopholes. This is the result of corrupt politics and lobbyist influence peddling. This is what Trump means when he says some wealthy people will pay higher taxes.