The Trump/Republican Primary/General Election Megathread

[bwframe]

Trump to target taxes, regulations in economic policy speech

http://www.wsj.com/articles/donald-...pocketbook-issues-in-economic-plan-1470663478

https://twitter.com/realDonaldTrump?ref_src=twsrc^google|twcamp^news|twgr^author

 

[T.Lex]

As I stated elsewhere when this speech was mentioned, I'm looking forward to hearing specifics.

 

[ArcadiaGP]

As I stated elsewhere when this speech was mentioned, I'm looking forward to hearing specifics.

Here's where the Trump tax plan once lived:

Here's a web archive of it:

https://web.archive.org/web/20160609213922/https://assets.donaldjtrump.com/trump-tax-reform.pdf

Trump was at 25% top rate for individuals, 15% top corp rate including for pass throughs. Will see where he winds up. Kudlow/Steve Moore said in Cleveland that Trump tax cut price-tag would come down by 1/3rd from $10T.

 

[jamil]

I have heard a variation of the 1% solution that seemed interesting. It goes something like this:
- 1% cut of spending across the board. Everything. None of this "critical spending" business. And every year (or 2 years), cut another 1%.
- 1% income tax increases, every year (or 2 years) combined with 1% cut of tax credits. That means if you have a 100% tax credit for something, you can only take 99% of the credit.

The guy postulating it (not a CPA, but a guy that makes sense in a bunch of other areas) said that by the end of a 1st term, we would actually see results, and perhaps ingrain the idea of balancing the budget.

Seemed like a good starting point.

Cuts only. I'm taxed enough already. The place where cuts can most make a sizeable difference is entitlements.

https://www.indianagunowners.com/fo...406080-libertarian-party-race-filling-up.html

The standard was "mathematically possible". Not unlikely. I think Johnson is on the ballot in all states. If McN00b isn't on the ballot in enough states that add up to 270 electoral votes, it's not just extremely unlikely he can win, like it is with Johnson. It's impossible.

 

[T.Lex]

Cuts only. I'm taxed enough already. The place where cuts can most make a sizeable difference is entitlements.

Then we won't make it.

When it comes to income tax increases, I'm caught between being pissed that .gov let us get to this point and pissed that I'd have to pay more taxes. Where I (usually) net out is that our generation has to start the process to get it under control. A 1% tax increase isn't going to hurt anyone - even the poor.

Kinda like sequestration, though, it is kinda all or nothing. A 1% cut - including spending on entitlements - has to be part of the solution.

But, I'll also concede that I haven't really done the math. The other guy said he did. Even if the math isn't perfect, it is at least a start.

 

[jamil]

Then we won't make it.

When it comes to income tax increases, I'm caught between being pissed that .gov let us get to this point and pissed that I'd have to pay more taxes. Where I (usually) net out is that our generation has to start the process to get it under control. A 1% tax increase isn't going to hurt anyone - even the poor.

Kinda like sequestration, though, it is kinda all or nothing. A 1% cut - including spending on entitlements - has to be part of the solution.

But, I'll also concede that I haven't really done the math. The other guy said he did. Even if the math isn't perfect, it is at least a start.

A 100% cut in entitlements would probably go further than a 1% increase in income tax.

 

[T.Lex]

A 100% cut in entitlements would probably go further than a 1% increase in income tax.

haha

Well, in terms of spending, sure.

But, as a matter of practicalities and policy, eliminating them would not be a good idea.

Perhaps this deserves its own thread, at least until Trump comes out with his speech.

 

[ArcadiaGP]

Perhaps this deserves its own thread, at least until Trump comes out with his speech.

Speech has begun. Less than two minutes in, a protester has been escorted out.

 

[bwframe]

Ooh, looks like The Donald is getting better at not letting crowd infiltrators bait him.

 

[foszoe]

A 100% cut in entitlements would probably go further than a 1% increase in income tax.

Maybe but it won't cover the cost of the resulting civil unrest.

 

[T.Lex]

Ooh, looks like The Donald is getting better at not letting crowd infiltrators bait him.

This would be a positive development.

 

[ArcadiaGP]

Trump finally starts working in swing states, where Democrats have been pounding away for months. Too little, too late?

Inside the swing-state trench warfare - POLITICO

Politico: Team Trump finally going granular in swing counties « Hot Air

 

[bwframe]

"Thank you"
"Thank you"
"Thank You"...

...Can he make it through?

 

[ArcadiaGP]

Trump lays out plan to switch US over to 3 tax brackets of 12%, 25%, 33%, in line with House GOP

 

[T.Lex]

Trump lays out plan to switch US over to 3 tax brackets of 12%, 25%, 33%, in line with House GOP

Hmmm... someone's been giving him good advice, lately, and - suhprize suhprize - he seems to be taking it.

 

[ArcadiaGP]

Trump down 50-37 in new Monmouth poll due to white women with college degrees: Romney won them by 6 point margin. Trump is losing them by 30.

Surely they aren't all "vote for lady parts"

Monmouth University

 

[T.Lex]

Trump down 50-37 in new Monmouth poll due to white women with college degrees: Romney won them by 6 point margin. Trump is losing them by 30.

Surely they aren't all "vote for lady parts"

Monmouth University

Well, they may be looking to Johnson for ... well... you know.

(Sorry, couldn't resist.)

 

[jamil]

haha

Well, in terms of spending, sure.

But, as a matter of practicalities and policy, eliminating them would not be a good idea.

Perhaps this deserves its own thread, at least until Trump comes out with his speech.

Maybe but it won't cover the cost of the resulting civil unrest.

I know it isn't politically practical to cut out all entitlements. It's an ideal that will never happen. I'm just saying the cut side is way roomier than just 1%, such that there should be no need to tax more at all.

The entitlements are what's mostly gotten us into this debt. That's a great place to start. Obamacare should be top on the list. Gut it.

Defense ripe for the picking as well. And I'm not talking about decreasing our ability. We need to let loose a guy like Jack Welsh on the Defense Department. We'd end up with a lot more defense for a lot less money.

 

[jamil]

Well, they may be looking to Johnson for ... well... you know.

(Sorry, couldn't resist.)

Oh you could have. You just didn't want to.

 

[printcraft]

Trump down 50-37 in new Monmouth poll due to white women with college degrees: Romney won them by 6 point margin. Trump is losing them by 30.

Surely they aren't all "vote for lady parts"

Monmouth University

Probably don't like him because his first lady is hot..... they don't feel threatened by mike obama or hitlary.