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Only thing the Donald has not said which would be 180 but he can't
| Odious azure market | 07/14/15 |
| curious public bath jap | 07/14/15 |
| Odious azure market | 07/14/15 |
| curious public bath jap | 07/14/15 |
| Odious azure market | 07/14/15 |
| Supple emerald legal warrant love of her life | 07/14/15 |
| Drunkard | 02/08/25 |
Poast new message in this thread
Date: July 14th, 2015 3:40 AM Author: Odious azure market Flat tax (http://www.autoadmit.com/thread.php?thread_id=2934913&forum_id=2#28324811) |
Date: July 14th, 2015 3:46 AM Author: curious public bath jap What exactly are Trump’s tax plans? The most recent detailed plan that Trump has offered is contained within his 2011 book, Time to Get Tough. His five-step plan includes eliminating the estate tax and the corporate income tax, lowering the tax rate on capital gains and dividends, enacting a 20 percent tariff on all imported goods and creating a new, lower income tax rate structure. The income tax would include a tax rate structure of 1 percent for up to $30,000; 5 percent for $30,000-$100,000; 10 percent for $100,000-$1,000,000; and 15 percent for income over $1,000,000.
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While Trump has not specified a new tax plan in the run-up to his 2016 candidacy, he has indicated that he supports a flat tax and the so-called “Fair Tax” (a national sales tax). If Trump ends up proposing a flat tax, he would not be alone considering that other presidential candidate supporters of a flat tax include Gov. Rick Perry, Sen. Ted Cruz, Sen. Rand Paul, Ben Carson, Sen. Lindsey Graham and yet to announce candidate Gov. John Kasich, while the national sales tax is supported by both Mike Huckabee and Sen. Cruz. If enacted in a revenue-neutral way, both the Fair Tax and a flat tax would likely cut taxes on the wealthiest American by an average of over $200,000, while significantly increasing taxes on the vast majority of Americans.
The oddest thing about Trump’s recent support for a flat tax is that it represents a significant reversal from his previously stated opposition to a flat tax. During the 2000 election Trump released a book, titled The America We Deserve, in which he explicitly rejected the flat tax. He said that a flat tax would be “unfair to the poor,” who would be forced to pay more in taxes due in part to the repeal of the earned income tax credit. He also said that it would be unfair to allow the wealthy to get away with not paying any taxes on income from dividends, capital gains and interest.
Instead of a flat tax or a series of regressive proposals, the major tax proposal that Trump made during the 2000 election was a one-time 14.25 percent wealth tax on individuals and trusts with a net worth over $10 million, which he proposed to use to eliminate the national debt.
http://www.taxjusticeblog.org/archive/2015/06/donald_trumps_regressive_and_r.php#.VaS9VbU8or0 |
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Date: July 14th, 2015 3:50 AM Author: Odious azure market He said nothing this go around and has had different ideas in the past.
Tariff is 180. Very regressive and basically taxes the poors. |
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Date: July 14th, 2015 3:53 AM Author: curious public bath jap really? he seems to be claiming that it will help workers by forcing companies to manufacture in America again. he says he will force Ford to move its new Mexican factory back to the US,lol. (http://www.autoadmit.com/thread.php?thread_id=2934913&forum_id=2#28324831) |
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Date: July 14th, 2015 3:58 AM Author: Odious azure market It will help a little with domestic production, but it won't bring back large scale manufacturing jobs. Regulations, unions, other costs and technology killed those, but it will raise a ton of revenue. (http://www.autoadmit.com/thread.php?thread_id=2934913&forum_id=2#28324842) |
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Date: July 14th, 2015 3:55 AM Author: Supple emerald legal warrant love of her life He should just be center-left on everything but immigration since he has the right locked up already. (http://www.autoadmit.com/thread.php?thread_id=2934913&forum_id=2#28324838) |
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Date: February 8th, 2025 1:42 AM Author: Drunkard (http://www.autoadmit.com/thread.php?thread_id=2934913&forum_id=2#48635623) |