Trump says big tax reform and tax reduction will be announced on Wednesday
By scheng1
@scheng1 (24649)
Singapore
April 24, 2017 8:22am CST
Trump says big tax reform and tax reduction will be announced on Wednesday.
I think it will end up with billionaires and millionaires paying zero tax, and the rest of the population shoulder all the tax.
That will be a big tax reform and a tax reduction for the riches.
Perhaps he want to make it legal for his children, and his grandchildren to pay nothing to the government!
I have no doubt that whatever reform he has in mind will be self-serving.
He certainly will not want to increase the taxes for his family, and reduce the burden on the middle income and low income.
2 people like this
4 responses
@TiarasOceanView (70022)
• United States
24 Apr 17
I do not know how much self serving he can be as he is being watched by those in Washington. He is no longer a free agent.
1 person likes this
@scheng1 (24649)
• Singapore
24 Apr 17
Those in Washington are either rich or supported by the rich donors.
They will keep quiet if the tax reforms help them to save on tax, and help their children to save on tax.
It is not as if the minimum wage or lower middle income people have any say in this.
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@TiarasOceanView (70022)
• United States
24 Apr 17
@scheng1 Yes we have no control so that is a fact.
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@scheng1 (24649)
• Singapore
24 Apr 17
@TiarasOceanView If he proposes to double the tax on the rich, and let the middle income pays half the tax, then there will be fierce opposition.
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