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Originally Posted by Guest
The Donald seems to be the lead rhino with his promises of very big government with the Trump Wall and the bureaucracy it will need to carry out his immigration plan as well as his boosting up the military. Ronald Reagan would not be all that proud.
And how will his tax plan and huge government spending plans play with the vast Federal Deficit?
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I guess now that the Obama admin has doubled the national debt the annual deficit should be interesting, but still doable. Balancing the budget is one thing, but lowering the national debt means you need a surplus and that hasn't happened since Eisenhower. He was the only president to lower the national debt a bit, in my lifetime. So, can Trumps tax plan work? I guess if he is going to give anyone below $50K a pass, then he will have to tax the heck out of the wealthy. And to tax anyone more than anyone else, percentage-wise, would be construed as discrimination according to the constitution. It would be interesting to see what the Supreme court would say about unfair taxation by discrimination between achievers and non-achievers.