This 'n' That; The Trump Tax Plan; October 1st
Trump Tax Plan~Some Things I Like, Some I Don't Given the current size of the IRS Tax Code, it's no wonder that Donald Trump only hit the high points. He failed to mention an important one, but let's get to that later. Mr Trump 's tax plan points will be in 'Georgia-italic' and my comments will be in 'Trebuchet.' Buckle up and let's get after it. Mr Trump 's tax plan: Reduces tax brackets from 7 to 4: 0%, 10%, 20%, 25%. I'm really not in favor of multi- bracket system. Look at all the taxes the average American pays BEYOND the income tax: fuel taxes, city-county-state sales taxes, excise taxes on such things as auto tires and appliances, Medicare Tax [ even for me at 69 years old~having no use for it and probably never will~BUT still gotta pay the premiums .] Given all these ancillary taxes.... how 'bout we average Mr Trump 's four brackets for a FLAT TAX rate of 6.25%. ...