Friday, 13 October 2017

Trump's Proposed Tax Plan, Explained--The Good and Bad

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In this video, The New American's Alex Newman breaks down President Trump's proposed tax plan. First, he highlights the good--lower taxes, less loopholes, eliminating state and local tax deductions, less complexity, and more. But there is at least one major problem: The tax cuts so far are not tied to spending cuts. Nevertheless, Alex argues that this is a step in the right direction.

 

Related articles:

Campaign for Liberty: The facts about tax reform

Tax-reform Plan Called “Tremendous by Trump, “Fake Math” by Schumer

Trump’s Plan to Eliminate State, Local Tax Deductions Puts Dems in Difficulty

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