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Trump to unveil massive tax cut plan next week


Morphine Prince

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DeleteMyAccount
1 minute ago, Gaga Monster said:

We get taxed so much, especially small businesses, it needs to be lowered

It's just not that easy bud.

Also, if you're going to run/start up a small business, you should know the risks and atmosphere of running a new business in a capitalist nation. This country will always favor big corporations. And that's probably what this new tax reform will favor as well.

If Trump thought that healthcare was hard.... The tax code will be 100x worse.

The scale of the tax plan is immense. And any small change will be a big change on the other side. 

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Born To Slay
5 minutes ago, ZacharyMark said:

It's just not that easy bud.

Also, if you're going to run/start up a small business, you should know the risks and atmosphere of running a new business in a capitalist nation. This country will always favor big corporations. And that's probably what this new tax reform will favor as well.

If Trump thought that healthcare was hard.... The tax code will be 100x worse.

The scale of the tax plan is immense. And any small change will be a big change on the other side. 

Inb4 "Who knew the tax code could be so complicated"

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pdaines
46 minutes ago, Gaga Monster said:

This is good! I am here for less taxes on businesses and middle/lower class!

Middle lower class and small businesses will not get the bulk of whatever tax cuts he has planned for himself and his cronies. I promise you that. And unlike trump, my word actually means something... 

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Economy
1 hour ago, ItsTommyBitch said:

Sounds like he means the wealthy :gum: 

 

Tbh

 

As a centre-right winged person I do not always object to tax cuts on wealthy depending where the rates are at. It can be beneficial at times

 

But right now businesses have record levels of cash reserves. They are not investing more not due to lack of cash but due to lack of demand

 

tax cuts on wealthy wont fix this. You need tax cuts on low income and middle class to raise consumption

 

However i do not support taxes on rich being raised either. Leave them as is. I do support the closure of some loopholes however that allow for tax evasion, that i support

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