CLICK HERE for Donald Trump’s tax plan.
"1.If you are single and earn less than $25,000, or married and jointly earn less than $50,000, you will not owe any income tax. That removes nearly 75 million households – over 50% – from the income tax rolls. They get a new one page form to send the IRS saying, “I win,” those who would otherwise owe income taxes will save an average of nearly $1,000 each.
2.All other Americans will get a simpler tax code with four brackets – 0%, 10%, 20% and 25% – instead of the current seven. This new tax code eliminates the marriage penalty and the Alternative Minimum Tax (AMT) while providing the lowest tax rate since before World War II.
3.No business of any size, from a Fortune 500 to a mom and pop shop to a freelancer living job to job, will pay more than 15% of their business income in taxes. This lower rate makes corporate inversions unnecessary by making America’s tax rate one of the best in the world.
4.No family will have to pay the death tax. You earned and saved that money for your family, not the government. You paid taxes on it when you earned it."
As you can see, Trump’s tax plan keeps alive the socialist friendly and big government tax calculated from profits, gains, salaries and other lawfully earned incomes which is the worm at the root of the tree that allows unequal taxation and our Washington Establishment to inflict countless miseries upon America’s labor, businesses and investors.
The fact is, Donald Trump’s tax plan keeps alive a federal tax calculated from incomes, allows Washington’s elites to continue to define what is and what is not “taxable” income, and in turn allows perfidious manipulations in which winners and losers can be determined by the stroke of Congress’ pen.
Trump’s tax plan also allows our federal government to continue to intrude into our personal lives and financial affairs; keeps alive the power to audit and harass private individuals and business owners at will who are viewed as political opponents; and continues the needless waste of billions of dollars to keep records and reports to carry out his plan, not to mention the loss of precious man hours wasted in this effort.
And the above does not even take into account that Trump’s tax reform plan is unequal taxation in that the most productive hard working citizens in our nation’s inner cities, some of whom work two jobs to improve their station in life are compelled to contribute more in taxes to the federal government than the least productive, many of whom receive welfare benefits and are too lazy to improve their station in life.
But this is what Trump’s socialist friendly, big government tax proposal is about ___ from each according to their ability, to each according to their need. Donald Trump’s tax reform is nothing more than the same old well-dressed pig ___ a redistribution of wealth and maintaining the federal government’s iron fist around the necks of the American People which is accomplished with a federal tax calculated from profits, gains, salaries, wages and other lawfully earned incomes.
Real tax reform begins with the following 32 words found in the "Fair Share Balanced Budget Amendment":
“SECTION 1. The Sixteenth Amendment is hereby repealed and Congress is henceforth forbidden to lay ``any`` tax or burden calculated from profits, gains, interest, salaries, wages, tips, inheritances or any other lawfully realized money.
JWK
“Honest money and honest taxation, the Key to America’s future Prosperity“ ___ from “Prosperity Restored by the State Rate Tax Plan”, no longer in print.
Reply With Quote
Originally Posted by Ron Paul
Site Information
About Us
- RonPaulForums.com is an independent grassroots outfit not officially connected to Ron Paul but dedicated to his mission. For more information see our Mission Statement.
Connect With Us