Posted On: 06/25/2016 12:46:54 AM
Post# of 65629
It's not a 'head scratcher for me. the Tax foundation overlooks....Trump and what he says he wants to do and how he will pay for it.
But if I have to make a choice of the two scenarios?
I'll go with this one because the more optimistic one is the same voodoo economics that the GOP has peddled for decades.
But if I have to make a choice of the two scenarios?
I'll go with this one because the more optimistic one is the same voodoo economics that the GOP has peddled for decades.
Quote:
Overall, the plan would reduce federal revenue on a static basis by $11.98 trillion over the next ten years. Most of the revenue loss is due to the reduction in individual income tax rates, which we project to reduce revenues by approximately $10.20 trillion over the next decade. The changes to the corporate income tax will reduce revenues by an additional $1.54 trillion over the next decade, with the remaining static cost ($238 billion) due to the elimination of the estate tax.
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