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Trump tax plan(s)
Topic Started: Jun 2 2016, 07:26 AM (618 Views)
Sea Dog
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Fire & Ice Senior Diplomat
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Yes, the damned Obama,
had the nerve to almost double the stock market
and get the unemployment numbers the lowest
in years!
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Stoned
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Berton
Jun 2 2016, 10:32 AM
"Without factoring in growth"

Under Trump the economy will finally start to grow so the conclusions are wrong.

Growth, to the point possible, was factored in. It made a difference of aprx 2 trilliion over the decade leaving about a nine trillion rather than an 11 trillion dollar deficit.

I see you are a selective reader.
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Brewster
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Berton
Jun 2 2016, 07:42 PM
It doesn't take much to get the economy growing again. Just getting rid of Obama will be a first big step. I understand that as a socialist you are unable to understand that so I will not berate you for your shortcomings.

I really have to visit Right Wing Fantasyland some day.

It must be so much easier to live where Truth is irrelevant, just make up any old fairy tale that suits your ideology and it will come true.

Facts are soo Boring - just ask Neut- he yawns whenever they're posted.
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Berton
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Stoned
Jun 2 2016, 08:48 PM
Berton
Jun 2 2016, 10:32 AM
"Without factoring in growth"

Under Trump the economy will finally start to grow so the conclusions are wrong.

Growth, to the point possible, was factored in. It made a difference of aprx 2 trilliion over the decade leaving about a nine trillion rather than an 11 trillion dollar deficit.

I see you are a selective reader.
Your OP said "Without factoring in growth" which would be normal if we were talking about Obama.

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Neutral
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A week of so ago the libs were whining about Trump releasing his tax plan. LOL They just like to whine. The snot nose canooks are the worse.
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Stoned
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Berton
Jun 2 2016, 10:19 PM
Stoned
Jun 2 2016, 08:48 PM
Berton
Jun 2 2016, 10:32 AM
"Without factoring in growth"

Under Trump the economy will finally start to grow so the conclusions are wrong.

Growth, to the point possible, was factored in. It made a difference of aprx 2 trilliion over the decade leaving about a nine trillion rather than an 11 trillion dollar deficit.

I see you are a selective reader.
Your OP said "Without factoring in growth" which would be normal if we were talking about Obama.

Continue to read.
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Stoned
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Another little read on the subject.

The big story in Trump’s tax returns is that Congress has created two income tax systems, separate and unequal. One system burdens most Americans. The other enriches the donor class.

An audit is no reason for Trump to withhold his tax returns. Releasing them does not affect the IRS, and the agency has already said nothing prevents individuals from sharing their own tax information. Moreover, Trump has no excuse for holding back tax returns from years no longer under audit.

It has been traditional for many years for presidents and candidates to release their tax returns. As of Sunday, of the two Democrats and four Republicans still in the presidential race, Trump was the only holdout.

Trump promotes himself as a champion of people whom he says Washington politicians and the donor class ignore. He could bolster that position by revealing his tax returns so we can determine how much of his wealth comes from his business acumen and how much from congressional tax favors.




http://www.usatoday.com/story/opinion/2016/03/08/real-trump-tax-scandal-david-cay-johnston/81436212/
Edited by Stoned, Jun 3 2016, 12:35 AM.
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Neutral
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eek
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Brewster
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Stoned
Jun 3 2016, 12:35 AM
Trump promotes himself as a champion of people whom he says Washington politicians and the donor class ignore. He could bolster that position by revealing his tax returns so we can determine how much of his wealth comes from his business acumen and how much from congressional tax favors.
How much of it is purely imaginary?
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Pat
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Stoned
Jun 2 2016, 07:26 AM
As with any Trump proposal one must start at the beginning so as not to lose track of the twists and turns ommissions, additions and changes..
All of which are YUUUGE!

Sometime in Sept last year:

On Monday, a left-leaning think tank analyzed Donald Trump's new tax plan and found it would cost roughly $10.8 trillion over a decade, more or less cratering the government's finances into fiery rubble while largely benefiting the rich. That estimate, however, did not account for any salubrious effects the proposal might have on economic growth. What happens when you do?
Today, the conservative Tax Foundation offered an answer. Without factoring in growth, it found that Trump's plan would actually add $11.98 trillion to the 10-year deficit. Once the boost to growth that would result from slashing taxes is factored in, it would only cost $10.14 trillion ... more or less cratering the government's finances into fiery rubble.


http://www.slate.com/blogs/moneybox/2015/09/29/donald_trump_s_tax_plan_the_tax_foundation_says_it_would_add_at_least_10.html
Trump is gathering together together experts and carefully crafting the details. It's what smart people do who have decades of experience in complex problem solving.

Hillary will say anything without thinking it through, it's another stark difference in leadership quality and success. I don't want anymore amateurs in office with inferior plans and screwing us further as a result.

Why do you think it's odd for pros to act differently?
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