[Terry L Smith]

AS I read this:

“The payroll tax, the biggest tax on the poor and middle class, would be erased, with Social Security and Medicare financed in full with no deficits. Included is a $10,000 standard deduction ($20,000 for couples filing jointly) and a $4,000 personal exemption. It means the first $36,000 for a family of four is exempt from all taxes.”

The deductions would still exist, unlike Trump’s 0-5-15 plan.

When the statement read that there would be a 10% tax on ‘rent’, who would pay that, the renter or the lessor?

When the statement read that there would be a 10% tax on interest, what incentive is there to save, since the gawdawful banks only pay me for my paltry monies deposited a half-percent accrued interest, now?

[Smokin' Joe]

The tax would be 10% of the interest the banks pay. If they pay a half percent interest, you would still get .45%, the government would get .05%.

[DoodleDawg]

When the statement read that there would be a 10% tax on ‘rent’, who would pay that, the renter or the lessor?

The renter will wind up paying it one way or another.