https://www.donaldjtrump.com/positions/tax-reform
Sounds like this:
- More Americans are keeping their money. I would rather we keep our money and decide what to do with it, than send it to Washington and have them corrupt it and piss it away.
- Too much fuss going on about the rich having a 25% rate, from the current 39.6%
but in all reality, none of the rich pay 39.6% - they use a team of people and use every loophole and deduction and trick they can. plus, would you rather Washington have 40% of the businessmen's money? Or should the businessmen keep more and use it for more business opportunities, and thus a stronger economy?
- This is such a simple tax plan that anyone can do it by themselves. Families making under $50k/year would pay no taxes. That is a very big chunk of the immigrant and minority communities.
- Small business owners would receive a special rate of 15%, which is half of what it is now.
Sounds like Trump has won the vote of immigrant/minority communities.
Thoughts?
Discuss
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Will he also reduce health & welfare spending? If not, pure fantasy.