Jazzy5 USA
May 09, 6:08 am
This is incorrect..
Congress is talking about. ( not Trump) raising the tax on 1%ers..
Trump does not have a problem if they do.. if it is raised from 37 to 39%. ( on our richest.) includes him..
However, President Trump also said that the democrats, (have always wanted to raise taxes on the very rich,) would run around with their hair on fire yelling. Trump said he would never raise taxes..
vitriol
May 09, 6:52 am
8% of the current income tax revenue goes to the military. And another 2% to corporate welfare. So I am unsure how you’ll have the govt pay for that with your proposal.
zimmy Florida
May 09, 3:22 am
That’s all well and good, but how do. You propose lowering the national debt? Citing spending doesn’t work.,both parties have proven that.
slynin Indy
May 09, 7:05 am
A tad late on this, wouldn’t you say?
and if you are against progressive income tax, you don’t understand why it is fair.
TheThinker001
May 09, 7:33 am
“Everyone should be charged a certain percentage and that percentage should be the same number for everybody. The rich will still end up paying more!”
That would work better than what we have now. The super rich use tax loopholes that they bought. The super rich pay less than 10% effective tax on their actual income. My effective tax rate is nearly 3 times that %.
MAGA2024
May 10, 9:47 pm
The rich progressive celebrities should pay more taxes like Oprah and Selena Gomez crying on the computer about deportations. There should be tax breaks on people that actually contribute something and innovations that help people like medicine, military, transportation, and space travel. How democrats and republicans want to do it is a whole different issue.
Jazzy5 USA
May 09, 12:55 pm
They can’t even agree with removing ILLEGAL CRIMINALS.. MS-13 MEMBERS..
The standoff at the ice facility in New Jersey is housing two MS 13 criminals, one homicide, the second has an interpole Red notice on him for assault on minors..
WTH is there point???
ptellini GET OVER HERE
May 09, 4:53 am
Conscience is supposed to be contradiction.
What he's doing is a typical leftist approach.
He sees something that he would like corporations to do and the leftist methodology is to use government to force it.
badattitude no place like home
May 09, 8:20 am
Remember that during his first term he took away the ability for the wealthy to write off their taxes in high tax states. Plus he removed the ability to write off their taxes mortgage interest on more than $10,000 a year. That means that the wealthy paid way more in taxes than the average schmo. The leftists won’t admit that. They keep claiming that he only cares about his rich friends. But it’s not true. He made a lot of enemies with that legislation. Biden reversed it for his rich friends.
fotoguy22 Florida
May 09, 8:25 am
True. Even when/if Trump does something democrats like or agree with they have to find something wrong with it. Their latest kick is ‘the process’, as in “we agree in principle but hate the way you’re going about it”. 100% pushback on absolutely everything. It’s really getting old.
moonshot More often I know nothing
May 08, 10:04 pm
Y'all don't understand how this works. Allowing mid to large corporations to have low taxes gives them a lower incentive to reinvest their excess revenue into growth. The profits are used to buy back stock, or pay large dividends. By taxing excess revenue, corporations have an incentive to use that excess revenue to grow their company, or take better care of their employees. Doing this lowers their taxable income.
Studies have shown that higher corporate taxes does not dramatically increase tax revenue. That money is spent elsewhere. Think about it, if you are a large company, would you rather send your excess revenue to the government or spend it improving your company and taking better care of your employees?
Yes, small family run companies should have a lower tax rate.
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