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Title: Donald Trump once proposed a more left-wing tax policy than Bernie Sanders
Source:
Vox
URL Source: http://www.vox.com/2015/3/18/8244115/donald-trump-wealth-tax
Published: Jul 7, 2015
Author: Dylan Matthews
Post Date: 2015-07-07 09:48:19 by cranko
Keywords: None
Views: 15357
Comments: 39
In 1999 and 2000, he considered a bid for the nomination of Ross Perot's Reform Party, which was at the height of its influence after Jesse Ventura won the Minnesota governorship in 1998 as a Reform candidate. Trump's big idea was a one-time wealth tax of 14.25 percent on all individuals and trusts with a net worth in excess of $10 million. The proceeds would be used to wipe out the national debt, with the savings in interest payments going to shore up Social Security and pay for middle-class tax cuts. This is a totally insane idea for a whole variety of reasons, many of which Bruce Bartlett ran through in the Wall Street Journal at the time. The tax wouldn't raise nearly as much as Trump thought it would, it'd encourage massive evasion, and it'd force huge sell-offs of stock and other assets, leading to, as Bartlett writes, the "liquidation of thousands of businesses." "We must have universal healthcare," wrote Trump. "I'm a conservative on most issues but a liberal on this one. We should not hear so many stories of families ruined by healthcare expenses." The goal of health care reform, wrote Trump, should be a system that looks a lot like Canada. "Doctors might be paid less than they are now, as is the case in Canada, but they would be able to treat more patients because of the reduction in their paperwork," he writes. /cdn0
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The wealth tax isn't the only left-wing proposal Trump has flirted with over the years, either. He also used to be a fan of Canadian-style single-payer health care.
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Begin Trace Mode for Comment # 28.
#2. To: cranko (#0)
Who GAS?
What are his current policies? What is his tax reform plan? What is his regulatory reform plan? What is his entitlement reform plan? We already know he supported socialized healthcare, like Canada. As far as I can tell, the only policy Trump has articulated in 2015 is to build a giant wall across the Rio Grande and somehow have Mexico pay for it. Trump reminds me of Big John Connolly, the big spending Democrat governor of Texas that the far right went ga ga for in 1980 and George Wallace, the big spending Democrat governor of Alabama that the far right went ga ga over in 1976. Who cares about their policies? The only thing that matters is that they were willing to trash talk the D.C. establishment on TV. It's a great show that makes the angry, bitter and powerless feel better about themselves. But it won't solve any problems.
Budget: Government must cut spending more. Speaking on Fox News in 2013, Donald Trump said that automatic budget cuts, or sequester, does not go far enough and Congress must reduce spending further to address impending increases in the deficit. Climate Change: It is a hoax. Trump does not believe climate change is real, tweeting out his skepticism with strong language and calling it a hoax on Fox News in 2014. In a 2012 Twitter post which is no longer accessible, Trump charged that the concept of climate change was created by the Chinese to supress the U.S. economy. In addition, Trump has expressed firm opposition to wind turbines, which he sees as an environmental and aesthetic problem. Entitlements: Do not cut Social Security or Medicare benefits. Grow the economy to save those programs. The real estate tycoon told CPAC in 2013 that Republicans should not cut Social Security or Medicare because most Americans want to keep the benefits as they stand now. His solution is unclear, but he has indicated that general economic growth would play a role. Trump tweeted in May that he knows “where to get the money from” and “nobody else does.” Gun Control: Limit restrictions on guns. Ban some assault weapons and extend the waiting period for purchase. During a 2013 interview with Fox News, the real estate mogul defined himself as, “a very strong person on the Second Amendment.” He believes guns are necessary for self-defense and has written that he generally opposes gun control. In his 2000 book, “The America We Deserve” Trump wrote that he supports a ban on assault weapons and a slightly longer waiting period to buy a gun. Immigration: No path to citizenship for undocumented workers. Allow more European immigration and a legal status to those graduating from U.S. colleges. In his January speech to the Iowa Freedom Summit, Trump called for securing the southern border and indicated that he believes half of the undocumented residents in America are criminals. In 2013 at CPAC, the businessman said Republicans should block any path to citizenship or voting status for undocumented immigrants but should expand legal immigration from Europe. In addition, Trump would give a legal status to foreign students who complete a degree at an American university. Obamacare: Repeal it. Replace it. Speaking at the Iowa Freedom Summit in January, Trump said Obamacare is a catastrophe that must be repealed and replaced. In 2011, Trump suggested that the health insurance industry have more ability to cross state lines. In “The America We Deserve” Trump wrote that he supported universal healthcare and a system that would mirror Canada’s government-run healthcare service. Social Issues: Abortion should be limited. Marriage is between a man and a woman and should be defined state by state. Describing himself as “pro-life,” Trump told Bloomberg News in January that he believes abortion should be banned at some point in pregnancy, with exceptions for rape, incest or life of the mother. In 2011 he explained to the Christian Broadcasting Network that he had changed his mind on the issue. In “The America We Deserve,” Trump then wrote that he supported a woman’s right to choose. In the same Bloomberg interview in January, the businessman asserted that he personally believes marriage is between a man and a woman. While he sees it as a state issue, Trump indicated that the Supreme Court could issue a ruling to determine the law. Taxes: End corporate taxes. Lower individual rates. Consider a one-time tax on the wealthy to pay down the debt. In his 2011 book “Time to Get Tough,” Trump outlined a plan to end corporate taxes and significantly reduce individual taxes with a five-tier income tax system. In his proposal, the lowest earners would pay a 1 percent income tax and Americans earning more than $1 million would pay 15 percent. In his book, Trump proposed a one-time 14.25 percent tax on America’s wealthiest residents in order to pay down the national debt. Iran and Israel: Walk away from nuclear talks. Increase sanctions. Trump has said that the U.S. is mishandling current Iran negotiations and should have walked away from the table once Tehran reportedly rejected the idea of sending enriched uranium to Russia. The real estate developer told Fox News that he would increase sanctions on the Persian state. Trump has been sharply critical of the Obama administration’s handling of relations with Israel and has called for a closer alliance with Israeli Prime Minister Netanyahu. Islamic State and Iraq: Send a limited number of combat troops on the ground. In early 2015, Trump told CPAC that he felt the U.S. may need “boots on the ground” to fight the Islamic State. Soon after, he clarified to Fox News that he would send limited numbers of troops if all of his military advisers recommended it.
Government must cut spending more. That's not a policy. It's a platitude. What will he cut and how much? Do not cut Social Security or Medicare benefits Entitlement programs and debt service comprise 71% of the budget. If he is not going to cut there, he is not serious about cutting spending. Climate Change: It is a hoax That's not a policy, it's a belief. How would he change the way the EPA regulates? Obamacare: Repeal it. Replace it. Replace it with Trump Care -- a Canadian-like Single Payer System. I challenge you to find any policy discussion on Trump's Campaign Web Site.
That's not a policy. It's a platitude. What will he cut and how much? Who is your libertarian candidate? Oh, wait….Gary Johnson, right? (***snicker***).
Oh, wait….Gary Johnson, right? (***snicker***). Where did I say I vote for Libertarian Party candidates? Nowhere. As usual, you are just making stuff up with no facts to back up your wild assertions. I have voted in 9 Presidential elections -- 5 times for Republicans and 4 times for independent and 3rd party candidates. Here who I could support in 2016: Rick Perry, Rand Paul, John Kasich, Carly Fiorina, Ted Cruz, Scott Walker, Ben Carson Here is who I would NEVER consider supporting in 2016: Rick Santorum, Mike Huckleberry, Jeb Bush, Chris Christie, and Lindsey Graham. Here is who I am undecided about: Bobby Jindal -- I used to like him, but lately he seems to have lost his mind. If he manages to get the GOP nomination, I would probably vote for him. Marco Rubio -- I don't trust him. He has a horrific tax program. When he first entered the Senate he sided with the Hollywood Moguls on a bill over the technology industry. It's very doubtful that I could vote for him if he got the nomination. George Pataki -- What's the point? He's going nowhere. Donald Trump -- He will not be the nominee. If he is the nominee I might vote for him just for the entertainment value of having him the White House for four years.
#32. To: cranko (#28)
A libertarian who will not support and vote for the libertarian party candidate? That's weak...
Top • Page Up • Full Thread • Page Down • Bottom/LatestIn 1999 and 2000...
Post not what Trump proposed 16 years ago - Post what Trump can do for America after he is elected. ~ Author Unknown
#6. To: Gatlin (#2)
(Edited)
Post what Trump can do for America
#9. To: cranko (#6)
What are his current policies?
Here is where Donald Trump stands on ten key issues.
#16. To: Gatlin (#9)
#27. To: cranko (#16)
Government must cut spending more.
What does your libertarian candidate say he will cut and how much?
#28. To: Gatlin (#27)
What does your libertarian candidate say he will cut and how much? Who is your libertarian candidate?
Replies to Comment # 28. Where did I say I vote for Libertarian Party candidates?
End Trace Mode for Comment # 28.
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