Trump's tax plan

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Trump's tax plan

fschmidt
Administrator
https://youtu.be/Wf4IF1KLWs8

So basically raise import taxes and lower corporate and income taxes.  Since America produces nothing of value, raising import taxes is basically a sales tax.  So this is incredibly regressive, lowering taxes on the rich and raising taxes for everyone else.

I am generally not interested in politics, but this is practical and will make life in America much worse.  Yet another reason to leave America.
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Re: Trump's tax plan

Peter
Well, few presidents ever act upon what they campaigned in.

“It’s not our job to police the world and tell other people how to live” - George W. Bush
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Re: Trump's tax plan

Allen
In reply to this post by fschmidt
Increased import taxes might encourage things to be made in America, but since those skills have been so unwanted for so long, you would have to question whether that is even possible.