Seems like a good plan, but why eliminate taxes completely for the bottom 30% when you can lower them, but still take in revenue ?
https://theintercept.com/2017/07/26...4-percent-marginal-tax-rate-on-the-very-rich/
TOP WHITE HOUSE adviser Steve Bannon is pushing for tax reform to include a new 44 percent top marginal tax rate, hitting people who earn more than $5 million a year, with the revenue paying for tax cuts for the rest, according to three people who’ve spoken to him recently.
The top rate is now 39.6 percent and most Republicans have been planning to lower it significantly as part of tax reform. The plan Trump put out previously would have only three brackets, with the top one brought down to 35 percent.
Raising taxes on the very rich has been a rare policy that President Donald Trump has publicly espoused throughout much of his life. On Tuesday, he told the Wall Street Journal, “if there’s upward revision it’s going to be on high-income people.”
We needed this 10 years ago.
Increase income taxes on the mega wealthy, eliminate taxes on the bottom 20-30% completely.
Everyone is happy.
https://theintercept.com/2017/07/26...4-percent-marginal-tax-rate-on-the-very-rich/
TOP WHITE HOUSE adviser Steve Bannon is pushing for tax reform to include a new 44 percent top marginal tax rate, hitting people who earn more than $5 million a year, with the revenue paying for tax cuts for the rest, according to three people who’ve spoken to him recently.
The top rate is now 39.6 percent and most Republicans have been planning to lower it significantly as part of tax reform. The plan Trump put out previously would have only three brackets, with the top one brought down to 35 percent.
Raising taxes on the very rich has been a rare policy that President Donald Trump has publicly espoused throughout much of his life. On Tuesday, he told the Wall Street Journal, “if there’s upward revision it’s going to be on high-income people.”
We needed this 10 years ago.
Increase income taxes on the mega wealthy, eliminate taxes on the bottom 20-30% completely.
Everyone is happy.
Bannon isnt either.At least you guys are no longer hiding your socialist nonsense...
Literally Hitler.Is he now a...National socialist?
At least you guys are no longer hiding your socialist nonsense...
That's a plug that has no concept of shame, a shameless plug, if you will.
Seems like a good plan, but why eliminate taxes completely for the bottom 30% when you can lower them, but still take in revenue ?
America was built on socialism.
I think it's spelled slavery.
But, shure.
That's a plug that has no concept of shame, a shameless plug, if you will.