Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
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Here’s How Trump’s Tax Plan Would Affect You
Donald Trump’s tax plan was revealed with a message for millions of Americans: “You win!”
Read the rest of the story. |
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#2
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My main concern with Trump's plan isn't the fact that the benefits are skewed to benefit those with the highest incomes. It's with the fine print at the bottom of the link where they give the numbers. There it indicates that the cost of the plan would be over $10 trillion over 10 years. That ultimately hurts us all.
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#3
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Something for nothing still sells big here in USA
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#4
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The other thing that many articles don't mention is that even though our individual taxes may be decreased, over all, there will be more people working and more companies making higher profits so that revenues to the government will increase. And if couples making under $50,000 per year will pay zero in taxes, how are benefits skewed to those with the highest incomes? In my opinion it's better then what we have, but still no the way to go. We should transition over to The Fair Tax. Pass the Fair Tax | FAIRtax.org
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The Beatlemaniacs of The Villages meet every Friday 10:00am at the O'Dell Recreation Center. "I never considered a difference of opinion in politics, in religion, in philosophy, as cause for withdrawing from a friend." - Thomas Jefferson to William Hamilton, April 22, 1800. |
#5
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#6
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My biggest issue with the tax plan is that too many people will have no skin in the game. Voters that pay no taxes to fund the government budget will tend to vote for more government services. At least Ben Carson's tax plan has everyone paying something into the system.
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#7
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The further a society drifts from truth the more it will hate those who speak it. George Orwell. “Only truth and transparency can guarantee freedom”, John McCain |
#8
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Of course the problem with what any of these guys say is that they are not dictators. They still have to work with congress. Congress loves to spend. They love to "bring home the bacon" as Ted Kennedy was very fond of saying. It's what keeps getting them re-elected. A president can do whatever he can to grow the economy but he doesn't have a lot of control over spending. All spending is done by congress.
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The Beatlemaniacs of The Villages meet every Friday 10:00am at the O'Dell Recreation Center. "I never considered a difference of opinion in politics, in religion, in philosophy, as cause for withdrawing from a friend." - Thomas Jefferson to William Hamilton, April 22, 1800. |
#9
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There is never going to be a tax plan passed that will benefit the middle class. Some way, any way and every way they can the rich will force a carve out or find an accounting rule to avoid taxes. They will because they can. Romney's 47% will continue and gain in entitlements because they can? Politician will structure tax plans that help them escape taxes and garner them votes. So all the tax plans being touted right now by Trump, Bush, Rubio are all bluster because not one of them as president will get a plan passed. They won't because Congress is too divided both between parties and within their respective party and in my view GOP has the bigger intra-party ideological gap. Then you have to factor in the FED which in my view should all but disappear from the American landscape I discount just about every promise a candidate makes. its all bluster. Beside, time is a major dynamic and has a way of radically changing the political landscape. Political candidates promises are all about well (Seinfeld's nothing) |
#10
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I'm guessing that you disagree with my theory?
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#11
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To make the article more accurate I would like to see at what percentage of income taxes collected comes from which income tax group. That would be very relevant.
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Closed Thread |
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