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twilit · 10-23-2016

Who the hell is going to pay more taxes than they legally have to? No one. end of story.

The problem with making a "good" tax plan is that the federal budget is inversely related to economic growth. Trump wants major tax cuts, which will made a deficit budget and add to government debt; but it really will help our embarrassingly low GDP and inflation. Hillary wants to spike taxes on the highest income brackets, which will hurt large businesses; but even with a surplus budget, she will barely be scratching the surface of government debt.

10-23-2016	269
twilit michael Join Date: May 2012 Location: Hyrule Posts: 3,511	Who the hell is going to pay more taxes than they legally have to? No one. end of story. The problem with making a "good" tax plan is that the federal budget is inversely related to economic growth. Trump wants major tax cuts, which will made a deficit budget and add to government debt; but it really will help our embarrassingly low GDP and inflation. Hillary wants to spike taxes on the highest income brackets, which will hurt large businesses; but even with a surplus budget, she will barely be scratching the surface of government debt.