g5000
Diamond Member
- Nov 26, 2011
- 127,128
- 70,863
- 2,605
I don't have much beef with Trump's individual tax plan. It is pretty much a carbon copy of the Brady tax plan of which I have spoken quite a few times on this forum.
However, his corporate tax plan doesn't pass the sniff test.
The individual tax plan makes it very clear that most tax expenditures are going away, and that's great. However, the mortgage interest deduction and several other large tax expenditures are being retained.
Hey, the perfect is the enemy of the good, so I can live with that.
The elimination of most individual tax expenditures is precisely what allows for tax rates to be lowered, exactly as I have been saying for years.
But there is a glaring omission in the corporate tax plan. The corporate tax rate is lowered from 35 percent to 20 percent, BUT THERE IS NO MENTION OF TAX EXPENDITURE BEING ELIMINATED.
The special interests who own our American Politboro are fucking you in the ass, folks. The corporate tax scheme is going to add trillions to our national debt, and it is treasonous of Trump to buy off on it.
Sooner or later, another tax is going to be created which will force YOU to pay for the special interests' government gifts in Trump's tax plan.
However, his corporate tax plan doesn't pass the sniff test.
The individual tax plan makes it very clear that most tax expenditures are going away, and that's great. However, the mortgage interest deduction and several other large tax expenditures are being retained.
Hey, the perfect is the enemy of the good, so I can live with that.
The elimination of most individual tax expenditures is precisely what allows for tax rates to be lowered, exactly as I have been saying for years.
But there is a glaring omission in the corporate tax plan. The corporate tax rate is lowered from 35 percent to 20 percent, BUT THERE IS NO MENTION OF TAX EXPENDITURE BEING ELIMINATED.
The special interests who own our American Politboro are fucking you in the ass, folks. The corporate tax scheme is going to add trillions to our national debt, and it is treasonous of Trump to buy off on it.
Sooner or later, another tax is going to be created which will force YOU to pay for the special interests' government gifts in Trump's tax plan.