Trillion dollar tax hike ? Hillary?s tax hike proposals will raise taxes on the American people by over $1,000,000,000,000 over the next ten years, based on her campaign?s own numbers.

Payroll Tax Hike ? Hillary said she would not veto a payroll tax increase on all Americans should such a bill reach her desk. She said she would set her middle class tax pledge aside. This took place Jan. 12 in Iowa, and it?s on video:

Moderator: ?Democrats have introduced a plan that Senator Sanders supports that you?ve come out against because it is funded by a payroll tax. If that were to reach your desk as President, would you veto it in order to make good on your tax pledge??

Hillary Clinton: ?No. No.?

Soda Tax Hike ? Hillary endorsed a steep new soda pop tax in Philadelphia. This will cost soda purchasers an extra $2.16 per 12-pack. Bernie Sanders called out Hillary?s violation of her middle class tax pledge:

"Frankly, I am very surprised that Secretary Clinton would support this regressive tax after pledging not to raise taxes on anyone making less than $250,000. This proposal clearly violates her pledge," he said.

Sanders also said: ?The mechanism here is fairly regressive. And that is, it will be increasing taxes on low-income and working people.?

25% National Gun Tax ? Hillary endorsed a new national 25% retail sales tax on guns. ?I am all for that,? she told the Senate in 1993. On June 5, 2016 she was asked about her gun tax endorsement by George Stephanopoulos on ABC?s This Week. She acknowledged her gun tax endorsement and did not disavow it, saying she wanted the gun tax money to pay for Hillarycare. If you have any doubts about her strong desire to impose a new gun tax, watch her face in the video.

Doubling of federal excise tax on guns -- Hillary also endorsed a doubling of the existing federal excise tax on guns.

65% Death Tax ? Hillary is now pushing a 65% Death Tax. And her own finances are arranged to shield herself from death taxes.

Capital Gains Tax Hike ? Hillary has proposed the most complex and Byzantine capital gains tax regime in American history, with ten different rates. She raises the top capital gains tax rate from 23.8% to 43.4%.

No Corporate Income Tax Rate Relief for Anyone ? Hillary offers no income tax rate reduction for any business. The USA has the highest corporate income tax in the world, which kills jobs and makes us less competitive. Even Bill Clinton understands the need to cut the corporate rate.

No Personal Income Tax Rate Relief for Anyone ? Hillary offers no income tax rate reduction for any American.

Carbon Tax ? Hillary?s campaign has opened the door to a carbon tax if she wins the White House. Democrat Senate Leader Chuck Schumer is also fantasizing about a carbon tax under Hillary, and a carbon tax is part of the official 2016 Democrat party platform.


Read more: http://www.atr.org/list-hillary-tax-hikes#ixzz4Mh9LLhYR
Follow us: @taxreformer on Twitter 

Tax Fact Sheet From Hillaryclinton.com 

LOL 

Soup - you can disagree with it, but you have to at least start with what they say. That is how a conversation - leading to understanding works.

Person A says something, person b actually listens to it, then responds to actual points, with other actual points -

and so on and so on until there is an understanding, or an agreement to disagree.

It seems to be a lost skill - 

Soup - you can disagree with it, but you have to at least start with what they say. That is how a conversation - leading to understanding works.


Now you're going wayyyyyyu above his tiny head. His head matches Donny's hands. 

LOL....... I own Judy.

I don't even try anymore. 

AMDG. Your link didn't address anything that Bob posted. 

His title was Hillary's Tax plan - though it would be worth while to actually post Hillary's Tax plan.

I didn't post it with any comment, any value judgment, or any position - just posted Hillary's actual tax plan as a point of reference. 

Donald will lower taxes on the rich and raise the middle class. Hillary will do the opposite. She cares about us. All he cares about is himself. He admitted it last night. 

^^^^^^
Saddest part is she really believes the Liar.


. 

Why does anyone need a politician to care about them? 

?Other side -

FACT SHEET: DONALD J. TRUMP?S PRO-GROWTH ECONOMIC POLICY WILL CREATE 25 MILLION JOBS

Donald J. Trump Delivers Speech On Jobs At New York Economic Club
Donald J. Trump Remarks

Donald J. Trump Tax Reforms: https://www.donaldjtrump.com/positions/tax-reform


Fact Sheet

Donald J. Trump?s Economic Policy Package Will Lead To Millions Of Jobs Created And Unbridled Economic Growth


The Trump Economy: 25 Million New Jobs Created In The Next Decade

Donald Trump has proposed sweeping reforms in tax, trade, energy and regulatory policies. The Trump campaign's economist estimates that the plan would conservatively boost growth to 3.5 percent per year on average, well above the 2 percent currently projected by government forecasters, with the potential to reach a 4% growth rate.

Growth averaged at least three and a half percent per year in the 55 years between World War II and the year 2000. With the faster growth from the Trump Plan, the economy will create 25 million new jobs over the next decade. For each 1 percent in added GDP growth, the economy adds 1.2 million jobs. Increasing growth by 1.5 percent would result in 18 million jobs (1.5 times 1.2 million times 10 years) above the projected current law job figures of 7 million, producing a total of 25 million new jobs for the American economy.


A Pro-Growth Tax Plan

Every income group receives a tax cut under the Trump plan, with million more being removed from the income tax rolls and low-income Americans paying no income tax at all.

The greatest percentage reduction in tax bill goes to working and middle class taxpayers:

A married couple earning $50,000 per year with two children and $8,000 in child care expenses will save 35% from their current tax bill.

A married couple earning $75,000 per year with two children and $10,000 in child care expenses will receive a 30% reduction in their tax bill.

Married couple earning $5 million per year with two children and $12,000 in child care expenses will get only a 3% reduction in their tax bill.

The plan lowers the business tax rate to 15%. The current business rate 35% rate is one of the highest in the world, making domestic investment unattractive. It includes a 10% tax on repatriation, instantly bringing trillions of dollars back into the U.S. economy now parked overseas.

The plan also allows U.S.-based manufacturers to elect full expensing of plant and equipment, an invitation to massive investment. If they elect this approach, they will give up the ability to deduct interest expense.

Tax brackets in the individual income tax will be reduced from 7 to 3. Tax rates will be 12%, 25% or 33%, with thresholds very similar to the House GOP plan.

The plan will close special interest tax breaks and cap deductions at $100,000 for single filers and $200,000 for married filers, eliminating many costly tax loopholes while stimulating growth.

The standard deduction will be $30,000 dollars for married couples and $15,000 dollars for single individuals. Most taxpayers will have no need to itemize, simplifying their tax returns and making it easier to file.

The plan provides a child care deduction for children up to 13 years of age for average child care expense. There?s an income cap, so the new deductions don?t apply to the rich.

Finally, the plan eliminates the carried interest loophole for Wall Street and the death tax, which falls especially hard on small businesses and farmers. 

Anything that lowers business and personal taxes is a pro growth agenda. 

Anything that lowers business and personal taxes is a pro growth agenda.

Not sure I agree. For medium/small business, corporate tax is not really that big a deal. Most will distribute earning to owners pre-tax - only retaining cash needed for operations.

For large companies, growth is a matter of re-investment of earnings. In the main these are relatively tax neutral. For items that can be expensed - that is a no brainer that is pre-tax money. For items that are capitalized the company will get to depreciate those assets over whatever their MACER's schedule is.

You can make a pretty good case that large corporate taxes can spur business re-investment - rather than retaining earnings for distribution to shareholders.

In the main - business do not flee the US due to corporate taxes. They leave for lots of reasons including - cheaper labor, better - closer - more efficient logistics, less regulation, etc. 

For personal taxes - I think trump's plan sounds great - as long as either there is enough growth to cover the tax reduction, or you are willing to continue to effectively print money to continue current spending levels, or you are willing to make significant cuts to social security or healthcare. 

Anything that lowers business and personal taxes is a pro growth agenda.


I bet you still believe in trickle down eco also.

LMFAO 

Not a big fan of Hillary plan either - Her tax cuts and made up for by increasing the tax burden of the very wealthy. Which sounds really good - and I would be in favor of. The problem I have is I am very skeptical that you can really do that to the very wealthy, or that she really want to.

On taxes - I don't believe either of them. I have been around for a long time, and read my lips every candidate I have ever seen running for anything has said they are going to reduce taxes - I have been paying a lot of taxes for a lot of years and don't remember any significant cuts. 

or you are willing to make significant cuts to social security or healthcare.

Yes I am. I'm also willing to get rid of useless government departments like the dept of education, dept of energy to name just a couple. 

corporate tax is not really that big a deal.

I dont know where you get that idea but its wrong. 

You can make a pretty good case that large corporate taxes can spur business re-investment - rather than retaining earnings for distribution to shareholders.


I'd like to see you sell that case to shareholders. 

For large companies, growth is a matter of re-investment of earnings.

Its a whole lot more complex than reinvestment of earnings. Any company's growth plan that revolves around reinvestment of earnings has a BOD that's about to get fired. 

Sorry bob I couldn't fit an entire corporate growth strategy in this little box. In the context of corporate taxes effect on growth it is completely about earnings.

Other sources of capital for growth are not tax events. 

I see that neither of them plan on having a smaller gov't, less spending and less waste. LOL

I guess we Ned to just give up on that. 

It's nice to see a topic that is actually relevant to the election. 

corporate tax is not really that big a deal.

I dont know where you get that idea but its wrong.


That was selective parsing Bob. Here is the full point and I stand by it. Small and medium size companies distribute earnings to the owners pre tax, leaving the company with little or no profit to tax. The government gets their money from them in personal income tax.



Not sure I agree. For medium/small business, corporate tax is not really that big a deal. Most will distribute earning to owners pre-tax - only retaining cash needed for operations. 

And there are people who think that businesses pay taxes. It's so sad. Businesses don't pay any of their expenses. The consumer pays for all business expenses, including taxes. Furthermore, a 10% tax on the business is MORE than a 10%tax on the consumer because the business has to pay to administer it. 

^^^^^ someone gets it. 

a2645039uu --- 6 hours ago - edit - quote - put user in the ice box - put user in the ice box and remove recent comments - hide comments
And there are people who think that businesses pay taxes. It's so sad. Businesses don't pay any of their expenses. The consumer pays for all business expenses, including taxes. Furthermore, a 10% tax on the business is MORE than a 10%tax on the consumer because the business has to pay to administer it.






That's funny bc I had to write a rather substantial size check to the IRS last year after taking appropriate and legal deductions. 

I also paid substantial taxes every year I was in business- 

Anything that lowers business and personal taxes is a pro growth agenda.

No. If business and personal taxes are lowered by removing services that hurt the dis advantaged is not pro-growth for all. Is not a pro-growth agenda. bob

Schools for example are underfunded. How is that pro growth? 

Mark you could always write a check if you're concerned about schools being under funded 

I'll bet that if you check the Democratic Party platform for the last 50 years, you will see that one of their main planks is to raise the taxes of the rich. I've been hearing the same old saying for years, yet they never do it. They only say it because they think the people want to hear hear it. 

Effective tax rates have been relatively the sane since income tax was introduced. The Eisenhower years still had the same effective rates within a few percentage points of today 

And there are people who think that businesses pay taxes. It's so sad. Businesses don't pay any of their expenses. The consumer pays for all business expenses, including taxes.

How right you are!!! Corporations never pay taxes. They just build the increase in taxes into the price of their goods. If Hillary raises taxes on them the American people's cost of living will go up. 

"I also paid substantial taxes every year I was in business-?"

And where did that money come from, genius? 

Schools for example are underfunded. How is that pro growth?

Mark, do you know where most school funding comes from? 

If business and personal taxes are lowered by removing services that hurt the dis advantaged is not pro-growth for all. Is not a pro-growth agenda. bob


Mark, who are the job creators in this country? 

Democratic Party platform for the last 50 years, you will see that one of their main planks is to raise the taxes of the rich.

Its effective, and the rich remain rich. 

Mark, do you know where most school funding comes from?

Wayne is deep in the weeds again. 

Mark, who are the job creators in this country?

Bob. If your trying to equate Tax revenue lost by tax breaks to job creation that somehow balances that loss by employees making up that difference would be a good argument. If wages had kept up with the cost of living rise.
But it hasn't. So its not.
Job creation oversees does not trickle down into Main St economic spending. Does it?