PK1
Gold Member
- Jun 26, 2015
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Which TAX plan would you prefer?
Clinton's plan makes more sense to me.
Hillary's plan:
Hillary Clinton presidential campaign, 2016/Taxes - Ballotpedia
- According to a study conducted by the nonpartisan Tax Policy Center, “Clinton’s tax plan would raise taxes on the 1 percent by an average of $78,000 per person while keeping taxes for the rest of Americans largely the same.” In addition, her “plan would generate $1 trillion in additional revenue for the government over the first decade and an additional $2 trillion over the next 20 years. Yet three-quarters of those additional funds will come from the top 1 percent of earners. … The top 1 percent — those who earn more than $732,000 a year — would see their taxes increase by an average of $78,284 in 2017… The top 0.1 percent, or those with incomes of over $3.8 million, would see their taxes increase by an average of $519,741. The bottom 20 percent of earners, or those making $23,000 or less, would see their taxes go up by $4 a year in 2017. The middle quintile, or those making $80,000 to $142,000, would see their taxes go up by $44 a year. And the top 20 percent, who make $209,000 or more, would see an average tax hike of $4,527.”
Donald's plan:
Donald Trump presidential campaign, 2016/Taxes - Ballotpedia
- The Tax Policy Center released its analysis of Trump’s tax platform on December 22, 2015. According to the nonpartisan think tank, “His proposal would cut taxes at all income levels, although the largest benefits, in dollar and percentage terms, would go to the highest-income households. The plan would reduce federal revenues by $9.5 trillion over its first decade before accounting for added interest costs or considering macroeconomic feedback effects. The plan would improve incentives to work, save, and invest. However, unless it is accompanied by very large spending cuts, it could increase the national debt by nearly 80 percent of gross domestic product by 2036, offsetting some or all of the incentive effects of the tax cuts.”
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Clinton's plan makes more sense to me.
Hillary's plan:
Hillary Clinton presidential campaign, 2016/Taxes - Ballotpedia
- According to a study conducted by the nonpartisan Tax Policy Center, “Clinton’s tax plan would raise taxes on the 1 percent by an average of $78,000 per person while keeping taxes for the rest of Americans largely the same.” In addition, her “plan would generate $1 trillion in additional revenue for the government over the first decade and an additional $2 trillion over the next 20 years. Yet three-quarters of those additional funds will come from the top 1 percent of earners. … The top 1 percent — those who earn more than $732,000 a year — would see their taxes increase by an average of $78,284 in 2017… The top 0.1 percent, or those with incomes of over $3.8 million, would see their taxes increase by an average of $519,741. The bottom 20 percent of earners, or those making $23,000 or less, would see their taxes go up by $4 a year in 2017. The middle quintile, or those making $80,000 to $142,000, would see their taxes go up by $44 a year. And the top 20 percent, who make $209,000 or more, would see an average tax hike of $4,527.”
Donald's plan:
Donald Trump presidential campaign, 2016/Taxes - Ballotpedia
- The Tax Policy Center released its analysis of Trump’s tax platform on December 22, 2015. According to the nonpartisan think tank, “His proposal would cut taxes at all income levels, although the largest benefits, in dollar and percentage terms, would go to the highest-income households. The plan would reduce federal revenues by $9.5 trillion over its first decade before accounting for added interest costs or considering macroeconomic feedback effects. The plan would improve incentives to work, save, and invest. However, unless it is accompanied by very large spending cuts, it could increase the national debt by nearly 80 percent of gross domestic product by 2036, offsetting some or all of the incentive effects of the tax cuts.”
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