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RINO alert!
And unlike his current Budget Buster, the Math was sound.
And btw, it would STILL work.
Trump proposes Massive One-time Tax on the Rich
Phil Hirschkorn/CNN - Nov 1999
Trump proposes massive one-time tax on the rich - November 9, 1999
And unlike his current Budget Buster, the Math was sound.
And btw, it would STILL work.
Trump proposes Massive One-time Tax on the Rich
Phil Hirschkorn/CNN - Nov 1999
Trump proposes massive one-time tax on the rich - November 9, 1999
Billionaire businessman Donald Trump has a plan to pay off the national debt, grant a middle class a tax cut, and keep Social Security afloat: tax rich people like himself.
Trump, a prospective candidate for the Reform Party presidential nomination, is proposing a one-time "Net worth tax" on individuals and trusts worth $10 million or more.
By Trump's calculations, his proposed 14.25% levy on such net worth would raise $5.7 trillion and Wipe out the Debt in One full swoop.
The U.S. national debt decreased by $9.7 billion in September but remains at $5.66 trillion, according to the latest U.S. Treasury figures.
The net worth tax is the Cornerstone of Trump's economic plan released Tuesday morning..."
Trump, a prospective candidate for the Reform Party presidential nomination, is proposing a one-time "Net worth tax" on individuals and trusts worth $10 million or more.
By Trump's calculations, his proposed 14.25% levy on such net worth would raise $5.7 trillion and Wipe out the Debt in One full swoop.
The U.S. national debt decreased by $9.7 billion in September but remains at $5.66 trillion, according to the latest U.S. Treasury figures.
The net worth tax is the Cornerstone of Trump's economic plan released Tuesday morning..."