Wednesday, September 14, 2016

Trump says his tax plan is 'going to cost me a fortune'—and he’s lying

http://www.dailykos.com/story/2016/08/14/1558971/-Trump-says-his-tax-plan-is-going-to-cost-me-a-fortune-and-he-s-lying
"President Trump would give himself and his children a massive tax cut now, and a huge windfall later. Last year, the nonpartisan Tax Policy Center estimated Donald Trump's tax plan (table above) would blow a $9.5 trillion hole in federal revenue between 2017 and 2026. While his revised August 8, 2016 scheme would lower than price tag somewhat (due to his higher 12/25/33 income tax rates), the overall impact is little changed. The rich would reap the lion's share of the tax cuts. Trump's plan is going to cost Uncle Sam a fortune. But Donald Trump? Not so much."