Trump reveals his tax plans: Slashed taxes across the board; those making less than $25,000 a year w
92 replies, posted
Doesn't everyone always promise tax cuts?
Aren't most promises broken as soon as they get into the presidential position and then realize they really can't do fuck all.
[QUOTE=Jamsponge;48787908]I'm not really sure lowering taxes is a good reason to vote for someone who wants to literally build a giant wall around the border to prevent immigrants.[/QUOTE]
if he lowers taxes first he won't be able to afford the wall
everyone wins
"Liberals get people to vote for them by promising them free stuff that the Government can't afford!"
Oh.
To the people saying they are thinking of voting for him, watch the 60 minutes episode with him on it from a few days ago or so. He gives no specifics at all because he has no fucking clue what he is doing and he would be a horrible president
[QUOTE=Helix Snake;48789592]"Liberals get people to vote for them by promising them free stuff that the Government can't afford!"
Oh.[/QUOTE]
I don't really think letting people keep what was already theirs to begin with is the same as taking away stuff from one group and giving it away to another group.
[QUOTE=Chickens!;48782869]But how will they pay for the military?[/QUOTE]
War Loot perhaps?
[QUOTE=Potus;48789909]To the people saying they are thinking of voting for him, watch the 60 minutes episode with him on it from a few days ago or so. He gives no specifics at all because he has no fucking clue what he is doing and he would be a horrible president[/QUOTE]
being clueless is better than flat out lying about your plans cough obama cough
[QUOTE=sgman91;48790054]I don't really think letting people keep what was already theirs to begin with is the same as taking away stuff from one group and giving it away to another group.[/QUOTE]
This is such a dumb way to weasel out of it. Taxes are inevitable and needed for the government to function. Social programs are needed for society to function. Tax breaks and increased welfare have the same effect of some people having more money and the government having less, you're just framing it a different way.
[QUOTE=Helix Snake;48790612]This is such a dumb way to weasel out of it. Taxes are inevitable and needed for the government to function. Social programs are needed for society to function. Tax breaks and increased welfare have the same effect of some people having more money and the government having less, you're just framing it a different way.[/QUOTE]
shutup commie
[quote]
> Mr. Trump’s tax plan would substantially lower individual income taxes and the corporate income tax and eliminate a number of complex features in the current tax code.
> Mr. Trump’s plan would cut taxes by $11.98 trillion over the next decade on a static basis. However, the plan would end up reducing tax revenues by $10.14 trillion over the next decade when accounting for economic growth from increases in the supply of labor and capital.
> The plan would also result in increased outlays due to higher interest on the debt, creating a ten-year deficit somewhat larger than the estimates above.
> According to the Tax Foundation’s Taxes and Growth Model, the plan would significantly reduce marginal tax rates and the cost of capital, which would lead to an 11 percent higher GDP over the long term provided that the tax cut could be appropriately financed.
>The plan would also lead to a 29 percent larger capital stock, 6.5 percent higher wages, and 5.3 million more full-time equivalent jobs.
>The plan would cut taxes and lead to higher after-tax incomes for taxpayers at all levels of income.[/quote]
[url]http://taxfoundation.org/article/details-and-analysis-donald-trump-s-tax-plan[/url]
[QUOTE=Emperor Scorpious II;48790817][url]http://taxfoundation.org/article/details-and-analysis-donald-trump-s-tax-plan[/url][/QUOTE]
Call me crazy but that doesn't sound half bad.
wait a second
[QUOTE]individual income tax by about $666 billion and increase payroll tax revenues by $839 billion[/QUOTE]
satanism exposed
[QUOTE=Incoming.;48790826]Call me crazy but that doesn't sound half bad.
wait a second
satanism exposed[/QUOTE]
His repeated failure as a businessman might work in his favor. He's a lot more familiar with corporate entities than most politicians.
Why does it seem like our politics are split between democrats that don't understand how capitalism works and republicans that don't understand how the government works
[QUOTE=Helix Snake;48790612]This is such a dumb way to weasel out of it. Taxes are inevitable and needed for the government to function. Social programs are needed for society to function. Tax breaks and increased welfare have the same effect of some people having more money and the government having less, you're just framing it a different way.[/QUOTE]
Nothing you said here really changes what I said. Sure, if you make the issue as vague as possible and purposely take out all the details, then it seems like almost the same thing, but that's the case with anything.
What's the difference between stealing and buying? I mean, in both cases I'm just picking up an item in the store and carrying it out of the store. Of course that, while not necessarily false, is completely useless because it ignores the important details. In the same way you are ignoring the important details. In the case of reducing taxes you are taking less away from a person. It's their money, and you are taking less of it. In the other case you are taking more from a person, and giving it to another person. It's a completely different thing.
That's a real and meaningful distinction. To say that it isn't because the end result is similar (that one groups ends up with more money) just isn't a logical way of thinking about the issue.
[QUOTE=Sableye;48787495]Please read anything on this page, his tax plan is garbage, its presentation is full of mathematical errors, logical errors, and false assertions[/QUOTE]
Dude, this is Facepunch, of course everyone is anti Trump (or anyone not a socalist).
[QUOTE=CoolKingKaso;48791028]His repeated failure as a businessman might work in his favor. He's a lot more familiar with corporate entities than most politicians.[/QUOTE]
No matter how many times you've "failed", he still has more money that 99% of people in the world will ever see. "ohoh yeah he went bankrupt in [I]atlantic city[/I] hes gotta suck" isn't valid.
[QUOTE=Incoming.;48791231]No matter how many times you've "failed", he still has more money that 99% of people in the world will ever see. "ohoh yeah he went bankrupt in [I]atlantic city[/I] hes gotta suck" isn't valid.[/QUOTE]
Having been born into a multimillionaires family and having been able to take a multimillion dollar loan to build a skyscraper in Manhattan certainly can't have done anything to help, bootstraps after all!, also he's avoided personal loss by sinking his companies and bailing instead of actually running them right to begin with. His children have a larger collection of businesses than he does
Trump is pretty much US politics summed up into one man.
[QUOTE=isreal?;48792471]Trump is pretty much US politics summed up into one man.[/QUOTE]
More like some dark reflection made into physical forum. Trump is basically a chaos god of politics.
[QUOTE=Sableye;48791305]Having been born into a multimillionaires family and having been able to take a multimillion dollar loan to build a skyscraper in Manhattan certainly can't have done anything to help, bootstraps after all!, also he's avoided personal loss by sinking his companies and bailing instead of actually running them right to begin with. His children have a larger collection of businesses than he does[/QUOTE]
He started with like 20 million and turned it into billions, Id like to see you do the same.
[QUOTE=thrawn2787;48783793]As someone who lives in silicon valley I welcome a tax cut. 100,000 isn't much after taxes, sales taxes, and rent.[/QUOTE]
You live in one of the most inflated real estate venues on [i]planet earth[/i] outside of Tokyo, NYC and Toronto, that has shit to do with taxes.
[QUOTE=Sovietzek;48793244]He started with like 20 million and turned it into billions, Id like to see you do the same.[/QUOTE]
Yeah give him $20 million then. The more money you have, the easier it is to make that money grow simply because basic expenses don't necessarily scale with your income. The more money you have, the more money you have to invest (generally without ever fearing for your livelihood as well) compared to your expenses.
[QUOTE=ironman17;48782948]This smells like a trap, the promise of low taxes seems like a candy cane dangled in front of a choir boy. The kind of enticing lure that would help him onto the throne so he can start doing some sinister shit.[/QUOTE]
Because [I]it is[/I] a fucking trap.
It's fucking Donald Trump.
He's hardly ever failed. He's bankrupted 4 ventures out of 100s. Thats a pretty good fucking track record. Yea he was born into money but instead of running it into the ground he expanded it and is now worth 4-10B. I personally don't like him but holy shit you are fucking stupid if you think he's a failure.
[QUOTE=-nesto-;48795982]He's hardly ever failed. He's bankrupted 4 ventures out of 100s. Thats a pretty good fucking track record. Yea he was born into money but instead of running it into the ground he expanded it and is now worth 4-10B. I personally don't like him but holy shit you are fucking stupid if you think he's a failure.[/QUOTE]
I don't think he's a failure.
But I do think he's a pompous asshole.
[QUOTE=Sovietzek;48793244]He started with like 20 million and turned it into billions, Id like to see you do the same.[/QUOTE]
having 20 million in property in New York + access to loans x 30 years of inflation and property value increases
[QUOTE=Emperor Scorpious II;48796281]But I do think he's a pompous asshole.[/QUOTE]
I think we can all agree on that!
[QUOTE=Emperor Scorpious II;48796281]I don't think he's a failure.
But I do think he's a pompous asshole.[/QUOTE]
it's a persona of sorts. before he did this campaign, before he did the apprentice and WWE stuff, he came across as a very calm and collected person. there's some interviews of him from the 80s floating around on youtube, quite interesting to see the difference. the brashness is a calculated political ploy and it's working spectacularly.
he claims to be completely teetotal, non-smoker, doesn't touch drugs. if that's actually true, trump might be the one politician who behaves more virtuously in private than in public.
[QUOTE=catchall;48797447]it's a persona of sorts. before he did this campaign, before he did the apprentice and WWE stuff, he came across as a very calm and collected person. there's some interviews of him from the 80s floating around on youtube, quite interesting to see the difference. the brashness is a calculated political ploy and it's working spectacularly.
he claims to be completely teetotal, non-smoker, doesn't touch drugs. if that's actually true, trump might be the one politician who behaves more virtuously in private than in public.[/QUOTE]
Classmates from when he was in that "military school that gave him more military experience than those actually in the military" say he was a pompous asshole then and "nothing has changed".
They literally said, "all he cared about was winning. It didn't matter what" and I think Trump's rhetoric today totally supports that. He doesn't answer questions during debates, he just says "I'm going to win" and refuses, at least at first, to concede any thought of defeat, even if not voted to the top.
maybe his is. but what is he trying to win at? i don't think he's trying to get much more money. he could do that in millions of better ways than become the president. he'll probably lose money overall.
benefiting his political class? maybe. i don't buy it. doesn't square with his protectionist/isolationist/nationalist ideas. if he pulls off repealing NAFTA and building the wall, lots of his CEO friends are gonna lose out because they can't drive down wages by hiring illegals, and outsourcing labor to 3rd world.
maybe i'm being optimistic. even in best case he'll be the american diocletian
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