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In reply to the discussion: Trump says he may cut income tax 'completely' because of tariff income [View all]Attilatheblond
(7,951 posts)29. Yep, and it will hit low income workers the hardest
They pay little or no income tax due to very low earnings. With Trump's plan, they will be paying more and the very rich will be getting a free ride.
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Trump says he may cut income tax 'completely' because of tariff income [View all]
douglas9
Friday
OP
State and local taxes will have to increase to compensate for loss of federal dollars.
Irish_Dem
Friday
#10
Loss of FEMA disaster assistance, alone, will bust state budgets. Add to that
allegorical oracle
Friday
#20
Has he ever paid income taxes? Never produced his returns for his first or second
allegorical oracle
Friday
#59
Property taxes will go up astronomically. Middle class will be unable to hold onto their homes
Attilatheblond
Friday
#28
In an already absurd housing market. People can no longer afford to buy a home.
Irish_Dem
Friday
#35
Basically it will be a Federal Sales Tax. The most regressive tax possible.
Liberal In Texas
Friday
#6
That means the federal government will have total control over states.................
Lovie777
Friday
#32
This is basically what the Heritage Foundation is all about -- getting rid of the federal income tax.
SunSeeker
Friday
#9
Trump has the ability to do the same thing over and over and expect better results.
twodogsbarking
Friday
#24
Yes, and whoever is responsible for changing his XXXL Depends knows that better than anyone.
llmart
Friday
#34