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Originally Posted by Guest
Be careful of who is doing the writing...
"From 2010 to 2015, Batchelder was on leave, working for President Obama’s administration and Congress. At the White House, she served as Deputy Director of the National Economic Council and Deputy Assistant to the President. There, she was responsible for tax and budget issues, including tax reform, retirement policy and low-income benefits."
She's "one of them"...a liberal.
Lily Batchelder - Biography | NYU School of Law |
Good catch actually. I usually try to check backgrounds on authors and cited folks, and missed that one. Very valid point.
How about this or there are more...let's be clear. I do not believe any of this will come to fruition. My point was and will always be on almost everything he said and says is a lie.
But good catch by you..appreciate it...note the impact on national debt in this summary, and note that his income level is the big gainer.
"This paper analyzes presidential candidate Donald Trump’s revised tax proposal, which would significantly reduce marginal tax rates, increase standard deduction amounts, repeal personal exemptions, cap itemized deductions, and allow businesses to elect to expense new investment and not deduct interest expense.
His proposal would cut taxes at all income levels, although the largest benefits, in dollar and percentage terms, would go to the highest-income households. Federal revenues would fall by $6.2 trillion over the first decade before accounting for added interest costs. Including interest costs, the federal debt would rise by $7.2 trillion over the first decade and by $20.9 trillion by 2036."
An Analysis of Donald Trump's Revised Tax Plan | Tax Policy Center
So, the author you called out is absolutely correct and on target, but this might reinforce and add the national debt increase.
Again, I do not think this happens, but Trump plays with facts.
Thanks for, at least, staying close to the subject in replying. Never mind critique.