[TexasFreeper2009]

omg I used $100,000 an a simple example.

use 1 million if it makes you feel any better.

The point is still the same.

The RATE doesn't matter, all that matters is if more or less comes out of your pocket in the end.

If millions would be paying nothing, that means that still paying will be paying more. The fact that he has lowered their rate is irrelevant, he will be taking away deductions they currently enjoy and in the end will end up paying more.

It's a scam.

And dont fall for Trumps “Hedge fund guy” rhetoric, that's just the newest way of saying “the rich should pay more” which democrats always say.

OH!

And also dont fall for Trumps BS about people earning less than $50,000 paying no taxes. That is meant to FOOL people. Because everyone imagines that no taxes means no taxes, when what it REALLY means is no INCOME taxes. Everyone will still pay Social Security and Medicare Taxes.

But again this is all purposely stated this way to fool the low information voter.

[RoosterRedux]

You need to dig into the details a little more carefully.

BTW, I am not a low information voter. I am a former tax CPA with one top firms in the world and a retired senior Wall St investment banker.

I think you are headed in the right direction with your analysis, but you have a long way to go to prove your point.

You can't pull figures off the top of your head and impress others with your analysis.

Crunch some numbers and get back to us.

[RoosterRedux]

I just ran the numbers on $1,000,000 annual income with 20% deductions which are currently available but which might be lost under Trump's plan (i.e. $800,000 of income versus $1,000,000 of income under Trump's plan).

Trump's plan is still better, producing a tax liability of $220,000 compared to a $275,000 tax bill under the current plan.