September 28, 2015
It’s been a challenge to assess Donald Trump’s fiscal policies since they’ve been an eclectic and evolving mix of good and bad soundbites.
Though I did like what he said about wanting to pay as little tax as possible because the government wastes so much of our money.
On the other hand, some of his comments about raising tax burdens on investors obviously rubbed me the wrong way.
But now “The Donald” has unveiled a real plan and we have plenty of details to assess. Here are some of the key provisions, as reported by The Wall Street Journal. We’ll start with the features that represent better tax policy and/or lead to lower tax burdens, such as somewhat lower statutory tax rates on households and a big reduction in the very high tax rate imposed on companies, as well as a slight reduction in the double tax on capital gains.
Read the full article at the Cato Institute: Trump and Taxes: A Bush-Like Plan from “The Donald”