Thanks for posting
Good find.
How dare you da this about a lifelong democrat supporter?
Go trump! God bless trump and family! God bless America! Thank you God for bringing us trump.
Is that you Ted?
Yes, but he is OUR big government liberal and he is going to put YOUR big government liberals out of a job.
Have they advanced tax reform? Have they stopped Obama's agenda?
Paul Ryan and the REPUBLICAN House of Representatives just funded Obama's agenda.
Trump's past liberalism vs. Republican Party treachery, i.e., voting with Democrats, siding with Democrats, denouncing conservatives, stopping Trump, using Cruz, and joining Gangs of 8 or 12....
You do the math.
... Who if elected president will be impeached for using the power of the federal government to enrich himself. It is what liberals do.
Trump’s appeal is he refuses to play by some sort of rule that you can’t attack the policies of certain Republicans.
Like Cruzer-Limbaugh said, Trump calling “crooked Hillary” has merit because Trump attacks Republican flaws in candidates all the time.
Cruz was pandering with hispanic groups with Rubio & Dubya during different decades. Dubya dumped Cruz for Jeb/Rubio & so Cruz became a conservative.
Trump just called Rubio out straight away on his amnesty crap.
He booted boring La Raza wannabe Scott Walker out of the race.
Trump is Bernie Lite.
C’mon Dorothy, click your heels together and answer why an opinion from a businessman in 1991, who wasn’t elected in office at the time, holds more weight than elected Republicans who sat on their asses and voted for the same agenda that’s killing us now.
I’m for Cruz, but the 1986 tax reform was a disaster for real estate, and overall was a half hearted move towards a flat tax that left the door open to creeping rate hikes and complexity, which is exactly what has happened over the last 20 years. 1981 was Reagan’s shining tax moment. 1986 was a huge missed opportunity to really reform the system.
LOL, ought to be fun!
I bet no one here actually watched the video. I heard nothing about raising taxes.
https://amp.twimg.com/v/6d5ebafa-67c0-48ea-b4e6-82928b5c5851
And what was Cruz doing at that time? Still bragging he wanted to be a rich, powerful porn star?
I just watched the video.
Trump said he favored increasing the rate on the highest income payers, but he was primarily saying the New York construction market was completely stopped at that point, because there was no motive for higher-income people to actually invest. They would just pay the tax, and move on.
Trump was talking about encouraging investment, rather than just slashing tax rates. He seemed even then, to very much get it.
Go Trump. :D
It’s not true...wait it is true...well you’re just a Cruz bot. There I’ve coveted the Trump respnse.
I disagree. If you primary source of income is real estate property and Congress up and changes the code to something newer and by doing so makes the legal activity you do m costlier, is it not okay to disagree?
Many studies were done, many changes were made to the Code since 1986, several of which dealt with the passive loss rules of rental property owners.
Do you know that the 1986 income limitation for rental passive losses is still the same today? I bet $150,000 was a lot more in income in 1986 than it is today. But you lose money today on a rental, can’t claim the loss cuz your income was too high.
Republican policy is not all sweetness and light, and in this particular case, this particular part of the Code, for this particular person, in this particular industry was harmful.
A man in entitled to his opinion, especially when the IRC change is what forced him to do some of his bankruptcies.
And none of your opinions have changed in the last 35 years? 1981 - just after shag carpet and Avocado green toilets. I voted for Reagan in 1980 and I am much more conservative now. That is why I am voting for Trump (write in if he does not get the nomination). No more career politicians.
Bill Bradley’s tax reform signed by Reagan, was bad for real estate developers. The ability to shelter income through tax losses in real estate limited partnerships was severely curtailed, and it hurt people like Trump whose equity required the cheap financing pipeline to stay open. I think this was the middle of one of Trump’s many bankruptcies.