Will Donald Trump’s New Tax Plan Cost the Government Trillions of Dollars?
#DonaldTrump is anything but timid, ladies and gentlemen. He's not afraid to go for the jugular. But at what risk? We're talking about tons and tons of money here. Taxes. It costs a lot to run a government, let alone agencies providing all sorts of services, government funds, municipalities, that sort of thing — and that money comes from US. The taxpayers.
So, yes, when Donald Trump ambitiously proposes these wicked tax cuts, eradicating all sorts of taxes like the estate tax, the death tax, and the astronomical corporate tax that currently sits at a hefty 35%, bringing that down to a nice 15% for not only corporations, but small businesses and sole proprietors, what will that do for the cost of implementing this new tax plan allowing the crazy 0% tax bracket?
You don't want to know…. And limiting those deductions won't help much either.
Donald, you're asking the government to add on more national debt. And we all know that the phrase 'national debt' is, in and of itself, a sort of a RACIAL SLUR!
We love the ambition and aggressiveness. We're just scared of drowning in that national debt of ours.
Are we talking about that new tax plan proposal of Donald Trump? Yes. Why do we think that it could potentially kill the economy? Read on to find out!