Posted on 08/28/2015 12:18:58 PM PDT by z taxman
Donald Trump is finally showing us more of his economic plan beyond the "Make America Great Again" slogan on his red hat.
America has now learned:
-- He wants to tax the rich more and the middle class less.
-- He wants to lower corporate taxes.
-- He wants to cut government spending and stop raising the debt ceiling.
"The hedge fund people make a lot of money and they pay very little tax," Trump said in an interview Wednesday with Bloomberg. "I want to lower taxes for the middle class."
In short, Trump is willing to raise taxes on himself and those like him.
Many hedge fund managers and real estate investors are able to list their earnings as "carried interest" because of an IRS tax rule. They are able to cast their earnings as investment gains instead of income, which allows them to be taxed at a lower rate.
"You've seen my statements. I do very well. I don't mind paying a little more in taxes. The middle class is getting clobbered in this country," he said.
(Excerpt) Read more at money.cnn.com ...
You can pretend that Trump’s past statements are the same as a politician’s, but you would be comparing apples to oranges like all the other anti-trumpers.
Lets talk about both an alternative minimum tax and an alternative maximum tax.
AMinTax should be 10%
AMaxTax should be 25%
“then he should pay more and STFU....because every govt in world history uses money piss poorly”
The hell it isn’t what you said. Of course he knows he can pay more taxes if he wants, he isn’t an idiot. The point is that it isn’t the paying the taxes that is the problem it is how the money is spent regardless of how governments have historically spent it. You know you could have actually stated that and I would have agreed with you if you hadn’t done it like such a condescending prick.
Welcome to the afternoon TDS thread.
I appreciate the note. I think he is growing as we speak.
Note his recent meetings with Sessions and a couple of Tax “experts”. He listens to the public, and he clarifies in short order if he deems a need.
That’s something we have desired for a long time. There’s a difference is viewing policies in a casual sense, then having to develop a cohesive set of them that are in harmony with each other.
I think he’s coming down on the issues fairly decently.
If you asked me if I thought he will screw up at times, I’d give you an unqualified yes. At the same time, I think his instincts are good enough that he’ll also be a very positive asset to the nation.
I think of the Bush administration. Do I think Trump would be better or worse. I can’t imagine him being worse.
He will do the occasional Leftist thing, but overall I think he’ll surprise us.
look dude, I know this may be above your head, but in the context you posted it - CONTEXT - was that it was not such a bad idea to raise taxes on the rich because hell, some of the rich want to pay more - it was kind of foolish.
IN CONTEXT of your point.....you’re pulling the words out and making it like it was about your boss...it was not, it was about YOUR point, which was a fail.
A little Spanish lingo I see.
Anyway, valid constructive criticisms of Trump are what will help him get El Better and El Better.
I think the key here is that his advisors, which are heavily to the conservative today, are beginning to convince him that conservative policy is the way to American greatness.
Apparently Trump's advisors have needed to have Trump correct himself lately.
The Planed Parenthood thing. The anti supply side comment. The kinda sorta pro single payer statement.
Not to mention that he still wants to expedite back into the country the "good" ones.
So because Trump has not been elected to office, we are supposed to ignore everything he ever said and did before he decided to run, and just base our support on what he has said AFTER he decided to run for president? That's very convenient...
It could signal that he thinks there are high earners out there who use certain loopholes to pay next to nothing in taxes. Maybe he wants to get rid of the loopholes and follow the plan in his book. (and put guys who call themselves ‘taxman’ out of business)
Yes, but did you hear Trump’s sister ate a baby?
I vote for the tard option.
Did you know that his Canadian and Scotish health care comments date from 1999? He came up with them by that year, and included them in his book published in January 2000.
They’re fifteen years old.
Since that time we have had the health care debate. The dynamics came to light, and Trump now supports a healthy private sector alternative.
You wouldn’t know that from all the comments around here.
And he said the was phenomenal at it!!!
If there was a flat tax, why should the profit I get from selling a stock not be taxed at the same rate as any other source of income?
Different tax rates are a form of social engineering and picking winners and losers. It’s not the government job to reward one person for earning their money by selling stocks and punish someone else for earning it by selling their labor.
On Hannity this month he said he opposes both the fair tax and flat tax. I have no idea if he flip-flopped before or after that.
Trump praised Canadian and Scottish single payer health care in the Aug. 6, 2015 debate.
That's about three weeks old.
...and yet, we have open borders, funny that...
What spending has Trump said he would cut.
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