Title: The Trump Tax Plan: Couples under $50,000 pay no income tax (ZERO) Source:
Donald Trump URL Source:https://www.youtube.com/watch?v=d7E4bq-woHU Published:Sep 28, 2015 Author:The Donald Post Date:2015-09-28 16:17:20 by Operation 40 Keywords:Trump, Tax, 1913 Views:2524 Comments:22
Couples earning under $50,000 pay no income tax Single people under $25,000 pay no income tax
Trump says his plan will bring added revenue by allowing corporations to bring money, held overseas, back to the United States by paying a one-time tax of 10 percent. He would also prevent companies from deferring taxes paid on income earned abroad.
4 brackets; 1-5-10-15%; kill death tax & corporate tax
My 5-part tax plan involves reforming the income tax. The government confiscates way too much of your paycheck. The tax code is also a very complicated system that forces Americans to waste 6.1 billion hours a year trying to figure it out.
What does that tell you? It tells me that it's time we restore simplicity & sanity to the income tax. Here's my income tax plan:
•Up to $30,000, you pay 1%
•From $30,000 to $100,000, you pay 5%
•From $100,000 to $1 million, you pay 10%
•On $1 million or above, you pay 15%
It's clear and fair. Best of all, it can be filled out on the back of a postcard and will save Americans big bucks on accountants and massive amounts of time wasted attempting to decipher the tax code.
Our country is hungry for real tax reform. That's why we should implement the 1-5-10-15 income tax plan. And we need to enact [the rest of] my 5-part tax policy: kill the death tax; lower the tax on capital gains & dividends; eliminate corporate taxes; and a 20% import tax.
The above is what he said just a few weeks ago, looks like his tax plan has changed somewhat...
