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SFC Everett Oliver
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Anything that simplifies the tax code has got to be better than it is now.......
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LCDR Deputy Department Head
2
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It's decidedly un-republican (sort of) but I think it's a nice change to not have the spouted, "we're somehow going to cut taxes for everyone but still balance the budget"
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PO1 John Miller
PO1 John Miller
9 y
LCDR (Join to see)
I was thinking the same thing. Trump is definitely NOT your typical Republican.
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SGT Jerrold Pesz
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Contrary to all of the BS floating around "the poor" don't pay taxes. Thanks to the so-called "earned income credit" many actually make a rather large profit from our current tax system. You can't cut taxes for people who already pay nothing. Many of the middle class also don't pay much. The ones that do get hit are people like me who no longer have any dependents and have no deductions and I am quite sure that no one plans on giving me a tax break. My personal choice would be to eliminate ALL tax deductions and tax credits and institute a flat tax rate for everyone. That way everyone would pay their share and the rich would still be paying the most.
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CSM Charles Hayden
CSM Charles Hayden
9 y
SGT Jerrald Pesz, That would've too simple! Imagine the loss of jobs in the accounting profession. What, a tax based on what you spend? The 'poor' people don't spend much - or would a flat tax exempt welfare income in it's many guises?
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SGT Jerrold Pesz
SGT Jerrold Pesz
9 y
Didn't think about the accounting profession and my daughter is an accountant. lol
In my plan nothing would be exempt. No exemptions and do deductions. However as you mention the poor don't spend much so they still wouldn't pay much.
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