Trump: Rich people 'will not be gaining at all' under tax plan

[mystery-ak]

Trump: Rich people 'will not be gaining at all' under tax plan
By Naomi Jagoda - 09/13/17 03:52 PM EDT

President Trump said Wednesday that wealthy individuals "will not be gaining at all" from his tax plan, as he seeks Democratic support for his push to rewrite the tax code.

"I think the wealthy will be pretty much where they are," Trump said at a meeting with lawmakers at the White House when a reporter asked if the rich will see higher tax rates.

"If we can do that, we'd like it. If they have to go higher, they'll go higher, frankly. We're looking at the middle class and we're looking at jobs," he added.

more
http://thehill.com/policy/finance/350520-trump-rich-people-will-not-be-gaining-at-all-under-tax-plan

[ABX]

"If we can do that, we'd like it. If they have to go higher, they'll go higher, frankly. We're looking at the middle class and we're looking at jobs," he added.

Nancy Pelosi, is that you?

[kevindavis007]

How about tax cuts for all??

[DB]

Every time politicians aim at the wealthy to "pay their fair share" they hit the middle class... Over and over... The insanity continues...

[INVAR]

Waiting for the Trump brigade to show up and lecture us that Trump channeling Obama/Pelosi/Clinton/Sanders and the rest of the Communists with their own talking points is 'Conservative' and 'genius 20th level underwater dimensional chess'.

The truth is, Trump is just showing us his true Liberal Socialist ideas that he is happy to work with Democrats to make happen and score him a 'win'.

[RoosGirl]

"If we can do that, we'd like it. If they have to go higher, they'll go higher, frankly.

I guess Trumpgenda #54 was bullshit.  What a surprise.

https://www.washingtonpost.com/news/post-politics/wp/2016/01/22/here-are-76-of-donald-trumps-many-campaign-promises/?utm_term=.c813f7a26577

[DB]

Waiting for the Trump brigade to show up and lecture us that Trump channeling Obama/Pelosi/Clinton/Sanders and the rest of the Communists with their own talking points is 'Conservative' and 'genius 20th level underwater dimensional chess'.

The truth is, Trump is just showing us his true Liberal Socialist ideas that he is happy to work with Democrats to make happen and score him a 'win'.

And all it really does is make the tax code even more progressive... Fewer and fewer people paying the taxes they vote to impose on someone else. Which is moving in the exact opposite direction that we need to. But don't call the progressives that support this progressive... They're the "real" conservatives and all...

[ABX]

Waiting for the Trump brigade to show up and lecture us that Trump channeling Obama/Pelosi/Clinton/Sanders and the rest of the Communists with their own talking points is 'Conservative' and 'genius 20th level underwater dimensional chess'.

The truth is, Trump is just showing us his true Liberal Socialist ideas that he is happy to work with Democrats to make happen and score him a 'win'.

I'll save you some time waiting...



"i am not in favor of a tax hike on the rich but would be willing to trade that for a large tax cut on businesses..."


"The sooner the GOP is destroyed, the better." (yea, this one makes zero sense as this is cutting a deal with the Democrats, not the Republicans.)


"maybe temporarily necessary to get the tax cuts he wants and we need.”



"He wouldn’t be in this position if the House and Senate GOP had its act together."



"Reagan worked this way."



"These days, most super-rich are Dems and Dem donors."


"It is McConnell and Ryan’s fault. "


 "He has always stated that the “rich” such as himself might pay more taxes during the campaign."


"Don’t forget, many, if not most, of the truly rich are FLAMING LEFTISTS. Trump won due to votes of people who can’t afford lobster dinners every night."


Those are the more sane excuses (all wrong of course).

[Bigun]

Wonder who get's to define "rich"?

[ABX]

...one more justification I just read:

"A tax hike on the rich can be very beneficial to our economy if done properly.

That is, right now the most profitable investments out there, available only to the rich, are much more like gambling than what we would think of as investments. So they should be taxed like gambling, such as some lucky individual who hit the jackpot in Vegas.

The *idea* here is to get the rich to move their investments to actual investments that help our economy, at a lower tax rate, and away from gambling.

This is a smart idea, and has long been used for things like tax free municipal bonds, because they work."

That's not from DU or Daily KOS would you believe?

[txradioguy]

Trump's lurch to the left continues unabated.

[skeeter]

Wonder who get's to define "rich"?

And be held accountable for breaking their word? Why would they do that?

Much better that everyone continue believing the 'rich' are that other guy with the big house on the hill, and wondering why its harder to get by year after year.

[INVAR]

...one more justification I just read:

"A tax hike on the rich can be very beneficial to our economy if done properly.

That is, right now the most profitable investments out there, available only to the rich, are much more like gambling than what we would think of as investments. So they should be taxed like gambling, such as some lucky individual who hit the jackpot in Vegas.

The *idea* here is to get the rich to move their investments to actual investments that help our economy, at a lower tax rate, and away from gambling.

This is a smart idea, and has long been used for things like tax free municipal bonds, because they work."

That's not from DU or Daily KOS would you believe?

I can guess where it's from.

But hey - THAT is the majority of sentiment and mindset out there.

We live in an age and era where foundational principles are abhorred and liberty is eschewed in favor of Collectivism.

The truth that I can ascertain is that Newsweek was way ahead of the curve.  Because I truly believe that the overall vast majority of the population in this country are Socialist in ideology.  They want free shit at the expense of someone else - preferably those that they have been told to hate and envy.

[kevindavis007]

...one more justification I just read:

"A tax hike on the rich can be very beneficial to our economy if done properly.

That is, right now the most profitable investments out there, available only to the rich, are much more like gambling than what we would think of as investments. So they should be taxed like gambling, such as some lucky individual who hit the jackpot in Vegas.

The *idea* here is to get the rich to move their investments to actual investments that help our economy, at a lower tax rate, and away from gambling.

This is a smart idea, and has long been used for things like tax free municipal bonds, because they work."

That's not from DU or Daily KOS would you believe?

Let me guess it is from the TOS...

[cato potatoe]

Once again, Trump proves that he belongs to the Euro-right, and not the American right.  Despite appearances, the two groups have very little in common.

[corbe]

     2nd most powerful man in America.



                            I Have The Tax Returns

[Bigun]

     2nd most powerful man in America.



                            I Have The Tax Returns

And I'll still be here when you're long gone Mr. Congressman!

[RoosGirl]

And I'll still be here when you're long gone Mr. Congressman!

Not sure which one should be gone faster; let's call it a twofer.

[roamer_1]

Once again, Trump proves that he belongs to the Euro-right, and not the American right.  Despite appearances, the two groups have very little in common.

What bothers me is so many who consider themselves conservative can't see the difference

[RoosGirl]

What bothers me is so many who consider themselves conservative can't see don't know the difference   

[Mom MD]

What bothers me is so many who consider themselves conservative can't see don't know the difference   

Add this to the DACA deal and it's been a good day for the dems

[Free Vulcan]

Wonder who get's to define "rich"?

Hopefully not Algore's threshhold of $20K per year.

[Taxcontrol]

How about we do away with federal taxes on the individual all together.  Replace it with representative apportionment.  Take last years spending, divide it down to a per senator and per representative charge.  Then bill each state for their representation.  States can then figure out how they are going to raise taxes within their state.

[RoosGirl]

Add this to the DACA deal and it's been a good day for the dems

I don't know about you, but I really *am* sick of winning.

[Mom MD]

I don't know about you, but I really *am* sick of winning.

Me too!  I'm so sick of winning I would go have a drink but apparently I will need the last of my spare income to pay my tax "break"  er raise that is