Trump tax plan. Could be one of the first changes.


Taxes and the tax code need to be simplified. I am a great believer that Americans spend their own money more wisely than Washington. Below one can see that the House Republican Plan and the Trump plan are very close and the differences easily reconciled.

Tax reduction is a pro-growth measure – one of several proposed by Mr. Trump. It is difficult for the average American to grasp the significance of the Obama economic plan’s growth (approximately 2%) compared to 3.5% growth. Here is an easy comparison. By way of example, we can look at the last half of the 20th century. If the US economy had grown at 2% rather than 3.5% since 1950, income per person by 2000 would have been $23,000 not $50,000!

screen-shot-2016-11-20-at-5-52-17-am

And thanks to CAG for sending this to me.

Roy Filly

Advertisements

About Roy Filly

Please read my first blog in which I describe myself and my goals.
This entry was posted in Uncategorized. Bookmark the permalink.

One Response to Trump tax plan. Could be one of the first changes.

  1. Here’s my simple tax plan: Individual Human Beings do not have to file any kind of Income Tax since they have to live off of what they earn. This would reduce the number of returns filed and make it easier for the IRS to audit all the State Created Entities and get the revenues from them which are lawfully due.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s