Donald Trump has been in the spotlight lately and most of it has been good news. Sure, he offended libs with his remarks on immigration and ruffled a few feathers with his remarks on John McCain but he’s still leading the pack in basically every poll.
What we haven’t heard much about are some of his remarkable stances on important issues such as taxes.
In his 2011 book, “Time to Get Tough: Making America #1 Again,” Trump lays out his plan to completely transform America’s tax code. It’s simple but brilliant!
Trump’s code, which he calls the “1-5-10-15 income tax plan,” is a simplistic way to fix our nation’s broken taxation system, without putting the strain on any particular group of people.
Trump says, “Imagine your paycheck was 40 percent higher than it currently is. What could you do with 40 percent more wealth? How many jobs and opportunities for others could you create?”
“The longer you really think about it the madder you will get, especially when you consider the waste, fraud, and abuse the federal government traffics in as it inflicts its self-defeating policies on hard-working Americans.”
Here’s Trump’s proposed tax plan:
Those making up to $30,000 will pay 1 percent.
Income from $30,000 to $100,000 results in a flat 5 percent.
$100,000 to $1 million income will be taxed at 10 percent.
On $1 million or above will be taxed 15 percent.
“It’s clear and fair,” Trump wrote. “Best of all, it can be filled out on the back of a postcard and will save Americans big bucks on accountants and massive amounts of time wasted attempting to decipher the tax code.”
WOW! This makes perfect sense to me! I’ll take 10% all day long! Would we still get write-offs?
AARON KLEIN at WND reports:
Speaking to CBS’s “Face the Nation” on Sunday, Trump declared, “I fight like hell to pay as little as possible, for two reasons. Number one, I am a businessman, and that’s the way you are supposed to do it. And you put the money back in your company and employees and all of that.”
He continued, “But the other reason is that I hate the way our government spends our taxes. I hate the way they waste our money, trillions and trillions of dollars of waste and abuse. And I hate it.
“And I will be probably the first candidate in the history of politics within this country to say, I try and, like every, by the way, like every single taxpayer out there, I try to pay as little tax as possible, and, again, one of the big reasons is, I hate what our country does with the money that we pay.”
I think everyone can agree that our tax code is horrible. It is so complicated that even the best accountants have a problem figuring it out. What do you think of Trumps tax plan? Let us know!