This website uses cookies

As a user in the EEA, your approval is needed on a few things. To provide a better website experience, hubpages.com uses cookies (and other similar technologies) and may collect, process, and share personal data. Please choose which areas of our service you consent to our doing so.

For more information on managing or withdrawing consents and how we handle data, visit our Privacy Policy at: "https://hubpages.com/privacy-policy#gdpr"

Show Details
Necessary
HubPages Device IDThis is used to identify particular browsers or devices when the access the service, and is used for security reasons.
LoginThis is necessary to sign in to the HubPages Service.
Google RecaptchaThis is used to prevent bots and spam. (Privacy Policy)
AkismetThis is used to detect comment spam. (Privacy Policy)
HubPages Google AnalyticsThis is used to provide data on traffic to our website, all personally identifyable data is anonymized. (Privacy Policy)
HubPages Traffic PixelThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.
Amazon Web ServicesThis is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized. (Privacy Policy)
CloudflareThis is used to quickly and efficiently deliver files such as javascript, cascading style sheets, images, and videos. (Privacy Policy)
Google Hosted LibrariesJavascript software libraries such as jQuery are loaded at endpoints on the googleapis.com or gstatic.com domains, for performance and efficiency reasons. (Privacy Policy)
Facebook LoginYou can use this to streamline signing up for, or signing in to your Hubpages account. No data is shared with Facebook unless you engage with this feature. (Privacy Policy)
PaypalThis is used for a registered author who enrolls in the HubPages Earnings program and requests to be paid via PayPal. No data is shared with Paypal unless you engage with this feature. (Privacy Policy)
Google AdSense Host APIThis service allows you to sign up for or associate a Google AdSense account with HubPages, so that you can earn money from ads on your articles. No data is shared unless you engage with this feature. (Privacy Policy)
Features
Google Custom SearchThis is feature allows you to search the site. (Privacy Policy)
Google MapsSome articles have Google Maps embedded in them. (Privacy Policy)
Google ChartsThis is used to display charts and graphs on articles and the author center. (Privacy Policy)
Google YouTubeSome articles have YouTube videos embedded in them. (Privacy Policy)
VimeoSome articles have Vimeo videos embedded in them. (Privacy Policy)
MavenThis supports the Maven widget and search functionality. (Privacy Policy)
Marketing
Google AdSenseThis is an ad network. (Privacy Policy)
Google DoubleClickGoogle provides ad serving technology and runs an ad network. (Privacy Policy)
Index ExchangeThis is an ad network. (Privacy Policy)
SovrnThis is an ad network. (Privacy Policy)
Facebook AdsThis is an ad network. (Privacy Policy)
Amazon Unified Ad MarketplaceThis is an ad network. (Privacy Policy)
AppNexusThis is an ad network. (Privacy Policy)
OpenxThis is an ad network. (Privacy Policy)
Rubicon ProjectThis is an ad network. (Privacy Policy)
TripleLiftThis is an ad network. (Privacy Policy)
Say MediaWe partner with Say Media to deliver ad campaigns on our sites. (Privacy Policy)
Remarketing PixelsWe may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.
Conversion Tracking PixelsWe may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisements has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.
Statistics
Author Google AnalyticsThis is used to provide traffic data and reports to the authors of articles on the HubPages Service. (Privacy Policy)
ComscoreComScore is a media measurement and analytics company providing marketing data and analytics to enterprises, media and advertising agencies, and publishers. Non-consent will result in ComScore only processing obfuscated personal data. (Privacy Policy)
Amazon Tracking PixelSome articles display amazon products as part of the Amazon Affiliate program, this pixel provides traffic statistics for those products (Privacy Policy)
jump to last post 1-1 of 1 discussions (18 posts)

How Do You Feel About Donald Trump's Tax Plan

  1. Sychophantastic profile image86
    Sychophantasticposted 21 months ago

    His plan streamlines the system so that there are only 3 brackets. The lower bracket pays 12%. The middle bracket pays 25%. The upper bracket pays 33%.

    If you're in the lower bracket, that's an increase from 10%.

    If you're in the middle bracket, that's an increase from 20%.

    If you're in the upper bracket, that's a decrease from 38%.

    Do you support or oppose this plan?

    1. gmwilliams profile image85
      gmwilliamsposted 21 months agoin reply to this

      What you have presented is the reason that Hillary Clinton will WIN in November.   She is more equitable towards the middle class & poor as opposed to Trump.

    2. wilderness profile image97
      wildernessposted 21 months agoin reply to this

      Brackets don't mean much when it isn't paid anyway.  Top bracket in the 50's, I think, was in the 90% area but nobody paid it so it was a moot point.  Actually monies paid are more now than back then.

      So what are the deductions and so-called loopholes?  That's what counts far more.

      1. Sychophantastic profile image86
        Sychophantasticposted 21 months agoin reply to this

        This was all part of his economic plan:

        1. The elimination of special tax treatment for carried-interest income at private-equity firms and other investment firms.
        2. Reduction of business taxes from 35% to 15%.
        3. Eliminate the estate tax.
        4. Make child care costs fully tax deductible.
        5. A moratorium on all new regulation.
        6. Renegotiate NAFTA.
        7. Invest a "substantial" amount on infrastructure.

        1. wilderness profile image97
          wildernessposted 21 months agoin reply to this

          #1 and eliminates a deduction, but #4 adds one.  Is that all?  The thousands of other deductions for business will remain?  Not those directly connected with business - R&D, electric bills, etc., but all those that simply save taxes for doing what govt. thinks should be done?  That's the problem, IMO, with our taxes - not what rates are paid.

          Business taxes - I've always had a hard time understanding why a business must pay taxes on profits, then the owners pay again when they get whatever is left.  Never made sense to me - I don't pay federal income taxes twice on what I earn - why should business owners?

          1. Sychophantastic profile image86
            Sychophantasticposted 21 months agoin reply to this

            Well, #1 and #4 don't apply to the same people. I would imagine there was more to the plan. I think these were the highlights.

            1. wilderness profile image97
              wildernessposted 21 months agoin reply to this

              No, they don't apply to the same people, but don't know how that's important anyway.  Except to hit the wealthy for an even greater percentage of our tax base than they are already paying, anyway.

              Not familiar with #1, but could support all the others, I think.

              1. Sychophantastic profile image86
                Sychophantasticposted 21 months agoin reply to this

                Both #1 and #4 are tax cuts that benefit wealthier people.

                1. wilderness profile image97
                  wildernessposted 21 months agoin reply to this

                  But being wealthy does not mean that "we the people" have an innate right to what they earn.  I know that that's not what the socialists of the liberal left want to hear, but it's true. 

                  If Joe Blow gets a complete deduction for child care so that he can work, so does everyone else.  It's really that simple.

                  1. Sychophantastic profile image86
                    Sychophantasticposted 21 months agoin reply to this

                    Not sure what your point is. I didn't qualify the tax cut. Joe Blow can't afford childcare. It's a benefit for the wealthy. At one time, my childcare bill was 36k/year. It's a great tax cut if you can afford that or if you have a nanny.

    3. rhamson profile image76
      rhamsonposted 21 months agoin reply to this

      More of the same on steroids. Trickle down on its' own never worked. The wars are what make it work. Hillary is no better as she will jump the rates and still get us in some new wars. War is our most valuable business and the politicians know it. We are headed this way with either of them.

 
working