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How Hillary Clinton and Donald Trump Differ on Taxes

Rogue Valley

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How Hillary Clinton and Donald Trump Differ on Taxes


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mmi

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What's yer view on their respective plans?
 

SmartCat

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Since the election of 1972 the Republican Party has been the party of the white majority. More recently it has become the party of lower income whites and retired whites. These benefit from a well funded public sector of the economy.

Nevertheless, the leaders of the GOP continue to promote policies that advance the economic interests of the richest ten percent of the population. These people do not need the government for much of anything. For them the issue is taxes. They want tax cuts. They fear tax increases.

This is an issue Hillary Clinton and other Democrats need to draw attention to.
 

OrphanSlug

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Here is the *real* bottom line... these are proposals that generally speaking adhere to party lines on these subjects (tax rate, estate tax, corporate tax, what have you.)

I have my doubts on either one really becoming so even if Trump obtains a Republican controlled 115th Congress, or Hillary obtains a Democrat controlled 115th Congress, or some split combination of power between the White House and Congress.

Besides, just adjusting percentages for this or that without consideration of exceptions, exemptions, or the usual methods to get around rates ignores the underline issue of our broken tax code.
 

jaeger19

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Here is the *real* bottom line... these are proposals that generally speaking adhere to party lines on these subjects (tax rate, estate tax, corporate tax, what have you.)

I have my doubts on either one really becoming so even if Trump obtains a Republican controlled 115th Congress, or Hillary obtains a Democrat controlled 115th Congress, or some split combination of power between the White House and Congress.

Besides, just adjusting percentages for this or that without consideration of exceptions, exemptions, or the usual methods to get around rates ignores the underline issue of our broken tax code.

Yes... but it sure makes a good issue with the electorate.
 

JasperL

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Simpleχity;1066193672 said:

Trump offers huge (likely $trillions but who knows) tax breaks, mostly for for the wealthy, including 15% on all "business" income, and eliminating the estate taxes, with a few bones for the middle class, almost nothing for the poor, and no way to pay for any of it and no way to cover current projected deficits. In other words, a typical GOP plan - "You know, Paul, Reagan proved deficits don't matter. We won...tax cuts are our due." Still true!!

Hillary's plan is a tax increase, especially at the upper end, and more "fiscally responsible," but that's also typical.
 
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