Wednesday, September 21, 2016

Trump Bombs While Trying To Revive Failed Republican Economic Policies

http://www.politicususa.com/2016/09/15/trump-bombs-revive-failed-republican-economic-policies.html
"The non-partisan Tax Policy Center analyzed Trump’s plan and found that most of the benefit would go to the wealthy while spending for programs that benefit the middle-class and poor would need to be cut or the debt will grow by 80%. The Center For Budget and Policy Priorities found that Trump’s tax plan contains a massive tax cut for the top one percent, “Mr. Trump, who has proposed a 15 percent corporate tax rate, proposes a pass-through rate of 15 percent as well. The Trump pass-through proposal would be an expensive tax cut that would flow primarily to the wealthiest Americans. That’s because more than two-thirds of pass-through business income flows to the highest-income 1 percent of tax filers.” The rest of Trump’s plan is to slash regulations, kill clean energy, and start a trade war."

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