[CA Conservative]

One thing in particular about his plan bothered me. I have question about whether his numbers actually work, lowering rates while bringing in the same amount of revenue, but I will leave it to better economic minds than mine to evaluate that.

But in his plan to impose a 10% "deemed" repatriation tax, he will not only tax money earned abroad and returned to the US - he will also tax money earned abroad and kept there! I'm sorry, but we are one of the only countries that believes we have the right to tax money earned in another country. This plan keeps that policy in place. Trump will "deem" the money repatriated and tax it even if the money never enters the country. Remember how conservative screamed when the Dems "deemed" Obamacare to be passed by the House? So why would we support this from Trump?

[SeekAndFind]

One thing in particular about his plan bothered me. I have question about whether his numbers actually work, lowering rates while bringing in the same amount of revenue For that, we have history as our guide.

Here's a chart for your perusal:



Here's another article that might help clarify things.

Tax Cuts and Revenue: What We Learned in the 1980s