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Oh look. More liberal policies from the con artist in chief:
Trump says rich might pay more in taxes, talks with Democrats | Reuters
are you tired of winning yet?
Are you surprised? Is this unexpected? Is this news to you? If so, then I have to judge you woefully uninformed. You see, Trump...way back in 2015...told us the rich would have to pay more under his tax reform plan. Maybe you never read it?
His campaign website is pretty much gone, but you can see what he told everyone by using the "wayback machine". Here's the link to his tax reform page:
https://web.archive.org/web/20151215065548/https://www.donaldjtrump.com/positions/tax-reform
Besides his full tax reform proposal, here is what Trump had to say about this thread's topic:
The Trump tax cuts are fully paid for by:
Reducing or eliminating most deductions and loopholes available to the very rich.
A one-time deemed repatriation of corporate cash held overseas at a significantly discounted 10% tax rate, followed by an end to the deferral of taxes on corporate income earned abroad.
Reducing or eliminating corporate loopholes that cater to special interests, as well as deductions made unnecessary or redundant by the new lower tax rate on corporations and business income. We will also phase in a reasonable cap on the deductibility of business interest expenses.
So yeah...if you reduce or eliminate most deductions and loopholes for the rich, even if you reduce their tax rate...they will likely end up paying more.
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