Trump's wild week of tax ideas continues with new promise if GOP sweeps in 2020

[Yo_Mama_Been_Loggin]

President Trump on Saturday promised to cut taxes if Republicans win the White House and retake the House of Representatives next year, saying he would pass a “major” middle-class tax cut, the latest in a string of varying tax pledges that he has made in the past week.

Trump has offered few details about the new tax cut or explained how or if it would be paid for. The 2017 tax legislation he signed into law increased the federal deficit by more than $1.5 trillion, according to nonpartisan estimates.

In the run-up to the 2018 midterm elections, Trump similarly promised an unspecified middle-class tax cut if Republicans retained control of the House. But Republicans lost and talk of the tax cuts evaporated.

Trump’s comments, made in a Twitter post while he was in France for the Group of Seven summit, marked one of multiple tax ideas that he has floated in the past week. On Tuesday, Trump said he was considering whether to pursue a payroll tax cut and also reducing capital gains taxes.

https://www.msn.com/en-us/news/politics/trumps-wild-week-of-tax-ideas-continues-with-new-promise-if-gop-sweeps-in-2020/ar-AAGh6r4?li=BBnb7Kz

Because so many in the middle class pay capital gains tax.

[Turbineguy]

1. Yes, that's the biggest benefit

of living in a collapsed society. No taxes!

[Iliyah]

2. Forget I am a racist; women abuser; liar; conman; greedy criminal; etc.

at least I will get a further tax cut, I mean, everyone will get a tax cut because there won't be a working economy anyways.

[Newest Reality]

3. So, he admits that

the last, great big tax cut was for the wealthy and the middle class and below got little or nothing or had to pay more?

Well, I am excited about the capital gains tax idea. That means that, when I sell my vast holdings of absolutely nothing, well...tax cut! Yay! I don't know if I should celebrate now, or wait.

Oh, who cares about the deficit. It is just a bill, and he likes to stiff people by not paying them. I think we can easily get the deficit up to, oh, $100-Trillion. No problem.

[Journeyman]

4. Why do I feel that -- in a sense -- I'm reliving the 8th grade presidential campaign . . .

Vote for ME: "Free ice cream for all!"

I GUARANTEE: "No more homework!"

"Whatever you want, I'll get it for you!"

I didn't buy it when Bobby Schmidt spewed it during the 10 am Assembly, I give it no credence when Agolf Twitler sputters it, be he beneath a helicopter's blades or twitting while sitting on his golden throne.

[Vinca]

5. He's forgotten he already promised that months ago and it was supposed to have happened

by now. Same with the "greatest healthcare, that I can tell you." I'm so sick of his blabbering bullshit.