Home Forums Hunting & Shooting Hunter's Campfire After Trump's Tax Plan Announcement, Icahn All In

If you don't like Trump, that's one thing, but no one is going to talk about making unpopular entitlement cuts during an election primary. They might talk about a few easy ones like closing the Dept of Education, Dept of Commerce, etc.

These are things everyone is in favor of, but the last thing any of these guys are going to do is bring up tough, controversial spending cuts.

Do you think seniors, who are mostly republicans, are going to be thrilled to hear about how Trump wants to raise the minimum age for Soc Security or cut benefits for wealth seniors? Do you think that will play well with voters in FL?

I suspect one massive spending cut will be the elimination of the Earned Income Tax Credit. It will necessarily be gone when the tax code is gutted. It will have to be added back. Then when the Dems want it Trump can say, "Of course, I'm for helping people. That's why I don't tax them at all." They're not going to have much answer for that.

But he's supposed to be anti-establishment and can/should say those things. When he doesn't or doesn't do so honestly he proves he's only a louder, more obnoxious version of the rest

Trump specifically said on 60 minutes he would not raise the SS retirement age.

Well,...I have to admit. He's not nearly as smooth of a talker as the rest of them.

But smooth talking career politicians have the country where it is right now, so it might be a good idea to try something else.

Ownership of what?

A bunch of damn debt that nobody got the opportunity to sign on for?

Government is a parasite. Taxation is theft.

Always has been, always will be.

Good for Trump that Obama lowered the bar.

Buncha damn democrats runnin' loose in this thread.

He can be anti establishment and still not alienate his base voters, at least for now. Telling people that he's in favor of tough spending cuts might be alright, but then the next question is what specific cuts? He can't just BS this question, so he has to start getting into the real stuff.

No one wants to hear about the tough decisions. If they did, we'd be talking about the Paul Ryan budget plan. Maybe some people would welcome his anti-establishment candor, but at this point, it would just give the others the chance to pile on.

Conservatives like budget cuts, in general, but no one wants their own stuff to be cut. The right things don't happen in politics because politicians are stupid, they don't happen because deep, tough cuts are really hard to get passed into law.

Yup, only an idiot politician tells folks stuff they don't want to hear.

I am fully convinced Don knows that it is important to take in more than ya spend.
Than's how one accumulates a billion or two.

There ARE things that can be done very quickly. For instance, levy a very modest tax to bring overseas capital back to the USA. It generates some revenue that we were never, otherwise going to see AND it supercharges the economy without central banking make-believe.

Then make it worthwhile to get rich. ;-{>8 Did anyone ever notice what happens to people when they hang around folks like Bill Gates? I had a sister in law who worked for Microsoft and woke up one day when she was forty or so and decided there was no reason she needed to work any more, and she hasn't. Every little town should have a half dozen billionaires. Quit hating the rich and realize they are the rock stars that elevate others. The politics of envy are only productive for the ruling class. Little folks suffer.

America needs to be educated that there is an infinite number of potential pies and because someone has a lot of them does not necessarily mean they have destroyed your opportunity to bake some for yourself. The "one pie" political, economic lie needs to die.

Way back when I was a lad, JFK found out that taxes could be lowered and tax revenue increased. It's not magic, it's proven.

Just sayin.

I think there are better candidates. I suppose we are jaded because of the current total incompetence In office.

I agree that big changes need to be made. I think what Trump proposed is pretty safe, without offending any special interests specifically. I don't think it was meant to be a total budget plan, just a taste of what he wants to do. Basically a pro-growth, pro-business tax policy that most people can relate to.

Cutting corporate taxes is a no brainer. Most of these taxes end up being passed on to the consumer through higher prices. The US should be a place where corporations want to be. Allowing repatriation of assets held offshore is another idea that is long overdue.

There isn't much new that I see on the personal side, fewer brackets are probably ok. Eliminating federal estate tax won't be that big of deal for most folks, however it will benefit trump greatly, but for the vast majority of couples, $10.8 mill is a lot more than they will ever have.

There ain't a guy or gal on that debate stage that ain't calling for the same thing as Trump.

Love the cartoon of yourself...

Social security is a chitty investment of 15.3% of your lifelong earnigs, but it's not optional.

Yet as long as earnings are taxed SS won't dip into the general fund until 2030ish.

I'm all for getting rid of/cutting SS as long as I'm given back my 15.3 in a lump sum, I don't even want interest.

I'd be a chit load better off than the stipend they dole out calling it an 'entitlement' like it's a handout and I'm a beggar.

There's a lot bigger issues in this election than SS and whether a candidate gives it top priority.

Kent

Rand Paul has a good tax plan.

Or maybe cut government employment in half as an incentive to the other half to actually do meaningful work to keep their jobs.

That would be a good start!

who?