Donald Trump's new tax plan would allow individuals making less than $25,000 a year to pay no taxes. It would also cut income taxes for people making $150,000, allowing them to pay an income tax rate of 25% instead of the current 40%. The plan would cost at least $10.8 trillion over 10 years.
I have a problem with this.
I don’t know how he could possible do all the things he’s been saying he’s going to do and still be able to cut taxes. Who’s going to pay the 1.7 trillion we’ve invested in fighting the wars in the Middle East? Who’s going to pay for our infrastructure to be rebuilt? I know Trump’s going to get the Mexicans to someone build a wall and pay for it but he also said he was going to make the military bigger and more powerful. We already pay more for defense than the other 25 nations do combined. Yet, he wants to make the military bigger. This doesn’t add up for me.
It’s simple to go out and tell a group of people that they wont have to pay taxes and then tell another group, who make tons of money, that they’ll also pay less in taxes. Do something major, not just more smoke and mirrors.
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