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TomCADem

(17,382 posts)
Wed Oct 12, 2016, 12:44 AM Oct 2016

WaPo: By 2025, most of Donald Trump’s tax cuts would go to the wealthiest 1% of Americans

I actually wish there was a little more focus on Trump's proposed tax giveaways, rather than his sexual assault fantasies.

http://www.msn.com/en-us/news/politics/analysis-by-2025-most-of-donald-trump%E2%80%99s-tax-cuts-would-go-to-the-wealthiest-1percent-of-americans/ar-BBxiLQZ

Donald Trump has called for historic tax relief for the rich, which would likely add trillions of dollars to the national debt. Hillary Clinton would ask the wealthy to pay much more than they do now, and she would use the money mostly to lessen the burden on middle-class families with small children.

A pair of new analyses published Tuesday afternoon by the nonpartisan Tax Policy Center emphasize the extreme contrasts between the two candidates when it comes to taxes. In a campaign that has been defined by conspiracy theories, racial innuendos and sex scandals from decades past, the new data is a reminder that the election puts serious money at stake for many American households.

Where Clinton would increase taxes on corporations and investors, Trump would drastically reduce them. He has called for eliminating the estate tax, which Clinton hopes to increase. The Democratic presidential nominee would expand the credit for children, while her Republican rival would eliminate an important tax advantage for families.

"They really couldn’t be more different," Leonard Burman, the director of the center, told reporters in a conference call Tuesday. "In almost every meaningful respect, these plans are mirror images."
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