Wednesday, October 12, 2016

Taxes

This really says it all.  It moves fast, so you have to have quite a bit of background knowledge to follow, but it covers nearly everything I've unearthed in my research: 


  • Clinton's plan is most fiscally responsible, protects those making less than $250,000/yr, raises revenue to invest in infrastructure, etc. 
  • Trump's plan explodes debt to dangerous levels while helping out the millionaires who don't need a lot of help, cuts revenues which threatens entitlements and defense. 
Also, did you know that most of us don't pay that much in federal income taxes at all? It's true. Do the math and see for yourself. Last year, when all was said and done, about 5% of our family income went to federal income taxes.


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