Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
Unlock unbeatable offers today. Shop here: https://amzn.to/4cEkqYs 🎁
The conservative Tax Foundation, which has been scoring candidates' tax proposals throughout the race, found that Trump's changes to the individual tax code would add $10.2 trillion to the deficit using traditional scoring methods, his corporate tax cuts would add $1.54 trillion and his proposal to eliminate the estate tax would add another $238 billion.
Overall, the plan would reduce federal revenue on a static basis by $11.98 trillion over the next ten years. Most of the revenue loss is due to the reduction in individual income tax rates, which we project to reduce revenues by approximately $10.20 trillion over the next decade. The changes to the corporate income tax will reduce revenues by an additional $1.54 trillion over the next decade, with the remaining static cost ($238 billion) due to the elimination of the estate tax.
However, if we account for the economic growth that the plan would produce, the plan would end up lowering revenue by $10.14 trillion over the next decade. The larger economy would increase wages, which would narrow the revenue lost through the individual income tax by about $666 billion and increase payroll tax revenues by $839 billion, with the remainder of the recouped revenue coming from other taxes.
You are not worried you boy Trump is a big time progressive statist?But...but....but you don't care about the $10 trillion Big Ears has added to the national debt, why would you care about this?
The argument for a plan like Trump's is that dynamic scoring will make up for everything. Okay, good. Dynamic scoring is a very important and under-appreciated method that too many people don't understand (or purposely ignore).
And if dynamic scoring still doesn't fix it, then what you actually have is a bullshit tax idea meant to get him elected only.
So, Mr. Trump, your next step should be to tell us about the programs you're going to cut or eliminate so that this works.
Please proceed, any time.
.
They always did.Ah, I get it.
The far right, like Vigi, wants free stuff.
The argument for a plan like Trump's is that dynamic scoring will make up for everything. Okay, good. Dynamic scoring is a very important and under-appreciated method that too many people don't understand (or purposely ignore).
And if dynamic scoring still doesn't fix it, then what you actually have is a bullshit tax idea meant to get him elected only.
So, Mr. Trump, your next step should be to tell us about the programs you're going to cut or eliminate so that this works.
Please proceed, any time.
.
I agree and there are loads of Fed programs that could be eliminated.
That would save millions of tax dollars and the cost of running those programs. Govt. is to damned big.
What happened to the RW'ers old 'skin in the game' rant, about low income Americans paying no federal income tax?
Trump will ADD to that number, the no-tax people.
Now you're talkin'... BUT... that's not the way they do things in Washington. The establishment, left AND right, love big government, but then, that's why there's such a REVOLT going on within the republican party, and the three OUTSIDER candidates are leading the pack, Trump, Carson and Fiorina.If I were going to start reducing the budget I would start with calling for an INDEPENDENT committee to review all of the many duplicate offices and organizations that do basically the same thing, Cut them down to 1 office / org - eliminate, consolidate, whatever...but I would not add the number of personnel in all offices and keep that number. Streamline, make them more efficient and effective.
I would also find and appoint an INDEPENDENT committee / group to begin reviewing the federal government's social programs - Medicare, Medicaid, Welfare, Social Security, Food Stamps, etc - one by one, to address and eliminate fraud, waste, and abuse within these programs. Congress continues to prove they want no part of doing so as they have kicked this can down the road for years while the problem has gotten bigger, so it is time to take it off their hands and assign it to an independent, non-partisan group qualified to tackle the job. (A room full of highly partisan lawyers is not what I consider an 'Independent, non-partisan, qualified group of experts' anyway!)
They always did.Ah, I get it.
The far right, like Vigi, wants free stuff.
Gesendet von meinem GT-I9515 mit Tapatalk
You are sadly mistaken....You have confused the GOP with LBJ, the architect of 'Economic Slavery', and the Liberals who have made a career out of addicting people to government handouts and keeping them from becoming successful so they can keep their votes in exchange for all those freebies!
Good stuff.If I were going to start reducing the budget I would start with calling for an INDEPENDENT committee to review all of the many duplicate offices and organizations that do basically the same thing, Cut them down to 1 office / org - eliminate, consolidate, whatever...but I would not add the number of personnel in all offices and keep that number. Streamline, make them more efficient and effective.
I would also find and appoint an INDEPENDENT committee / group to begin reviewing the federal government's social programs - Medicare, Medicaid, Welfare, Social Security, Food Stamps, etc - one by one, to address and eliminate fraud, waste, and abuse within these programs. Congress continues to prove they want no part of doing so as they have kicked this can down the road for years while the problem has gotten bigger, so it is time to take it off their hands and assign it to an independent, non-partisan group qualified to tackle the job. (A room full of highly partisan lawyers is not what I consider an 'Independent, non-partisan, qualified group of experts' anyway!)
[
Now you're talkin'... BUT... that's not the way they do things in Washington. The establishment, left AND right, love big government, but then, that's why there's such a REVOLT going on within the republican party, and the three OUTSIDER candidates are leading the pack, Trump, Carson and Fiorina.
