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Originally Posted by Guest
On the other hand.....think of Trump and if he has any credence at all what will happen...
ALL economists predict massive unemployment and a depression type atmospher
We will have add so much to the national debt it is staggering.
Here is a totally unbiased review of his plans in detail......THIS IS THE LAST SENTENCE AND SUMMARY.
"CONCLUSIONSMr. Trump’s tax reform planwould boost incentives to work, save, and invest, and has the potential to simplify the tax code. By lowering marginal tax rates and further limiting or repealingmany tax expenditures, it would reduce the incentivesand opportunitiesto engage in some forms of wasteful tax avoidance. However, the plancould increase incentives for workers to characterize themselves asindependent contractors, to take advantage of the lower tax rate on business income, unless new rules were introduced to prevent this. The proposal would cut taxes on households at every income level, but much more as a share of income at the top.The fundamental concern the plan poses is that, barring extraordinarily large cuts in government spendingor future tax increases, it would yield persistently large, and likely unsustainable, budget deficits."
Analysis of Donald Trump's Tax Plan | Full Report | Tax Policy Center |
The people that wrote this are the same fine folks who advised the Federal Government on the benefits of what is now Obama-Care . So if you think Obama Care is a great program and created by very smart people then by all means listen to what they are saying here .
By the way if you have ever taken any college courses then you know that professors are more likely than not full of crap ! And these are the folks who write such articles and studies to enhance their professorial income .