Donald Trump says people who earn less than $200,000 a year will no longer pay taxes

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nicoleivy5

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Sep 22, 2016
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"The taxation system must and WILL change. There are far too many people being heavily taxed despite earning low income. In a few months time, a new policy will ensure those who earn less than $200,000 a year will not be taxed a single cent. I promise to make America great again".
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I believe income taxes should be done away with.
Every adult should pay a fair share.
A fair share is computed by the CBO each year by taking the expected federal budget, subtracting social security and medicare along with any income from tariffs etc.
The net cost is then divided by the estimated population over the age of 18.
That's your fair share. That's what each adult owes.
Social Security and Medicare are still deducted as payroll taxes.
 
Where and when, exactly, did he say this?
its all over the news
If it is all over the news, you could provide 1 link proving your point? Unless you are a liberal, then it is just your word that we are to take..

How to spot a sociopath - 10 red flags that could save you from being swept under the influence of a charismatic nut job
#10) Sociopaths are delusional and literally believe that what they say becomes truth merely because they say it!
 
I copy/pasted the quote in the OP and the only link that showed up was this thread.
 
I guess we can file that quote in the same file as Nicole claiming he owned a 400K$ car
 
Where did we get our Unconstitutional 16th Amendment.....yes sounds funny.....but Permanent Taxes are actually Unconstitutional....

Well, your friends The Democrats are who went after your wallets, and continue to do so today.


The origin of the income tax on individuals is generally cited as the passage of the 16th Amendment, passed by Congress on July 2, 1909, and ratified February 3, 1913; however, its history actually goes back even further. During the Civil War Congress passed the Revenue Act of 1861 which included a tax on personal incomes to help pay war expenses. The tax was repealed ten years later. However, in 1894 Congress enacted a flat rate Federal income tax, which was ruled unconstitutional the following year by the U.S. Supreme Court because it was a direct tax not apportioned according to the population of each state. The 16th amendment, ratified in 1913, removed this objection by allowing the Federal government to tax the income of individuals without regard to the population of each State. For additional information on taxation in the United States, see the section on taxes on the web site of the U.S. Department of the Treasury.

The United States Revenue Act of 1913 also known as the Tariff Act, Underwood Tariff, Underwood Act, Underwood Tariff Act, or Underwood-Simmons Act (ch. 16, 38 Stat. 114, October 3, 1913), re-imposed the federal income tax following the ratification of the Sixteenth Amendment and lowered basic tariff rates from 40% to 25%, well below the Payne-Aldrich Tariff Act of 1909. It was signed into law by President Woodrow Wilson on October 3, 1913, and was sponsored by Alabama Representative Oscar Underwood.

President Woodrow Wilson summoned a special session of Congress in April 1913. His immediate objective was to confront the perennial tariff question, and he brought special attention to the matter by deciding to appear in person before Congress to make his appeal. He was the first president since John Adams to do so.[1]

The joint session was a spectacular event. A huge crowd gathered and every seat in the House chamber was taken. Newspaper coverage was intense. Wilson spoke only briefly, but made it clear that tariff reform was needed, and that he would not be a party to a repeat of the embarrassment of the thwarted reform of 1894. The burden was clearly on Democratic shoulders because they controlled both houses of Congress for the first time in 18 years.[citation needed]


Revenue Act of 1913
Normal income tax and additional tax on individuals

38 Stat. 166 [7]


Revenue Act of 1913
Normal income tax and additional tax on individuals
38 Stat. 166 [7]

Income Normal rate Additional rate Combined rate
0 1% 0 1%
$20,000 1% 1% 2%
$50,000 1% 2% 3%
$75,000 1% 3% 4%
$100,000 1% 4% 5%
$250,000 1% 5% 6%
$500,000 1% 6% 7%

Revenue Act of 1913 - Wikipedia
 
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"The taxation system must and WILL change. There are far too many people being heavily taxed despite earning low income. In a few months time, a new policy will ensure those who earn less than $200,000 a year will not be taxed a single cent. I promise to make America great again".
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agreed
 
Closed. Copy and paste. No link to source (which doesn't appear to even exist)

#fakenews
 
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