I agree that Trump's tax proposal isn't perfect...
Posted on: September 30, 2016 at 22:27:25 CT
JoplinTiger07 MU
Posts:
22266
Member For:
11.99 yrs
Level:
User
M.O.B. Votes:
0
It probably cuts the upper-class bracket too much, but loopholes already allow most of them to pay very little in taxes. A fairer tax code for the wealthy also incentivizes them to keep their business and reported income in America instead of abroad/offshore.
I don't agree with Trump on abolishing the estate tax (i.e. death tax) either. It would certainly help Trump and other billionaires and 8/9-figure millionaires, but I can't see how it would help America.
With that said, his tax policy is better than Hillary's. They are both extreme choices though, like you said.