The Tax Reform
“Our economy cannot take off like it should unless we transform our outdated, complex and burdensome tax code, and that is exactly what we are proposing to do. So there’s a great spirit for it, people want to see it, and I call it tax cuts. It is tax reform also, but I call it tax cuts. It’ll be the biggest cuts ever in the history of this country.”
Top personal rates were slashed, a tax credit for families with children was doubled and the standard deduction for individuals who do not itemise their tax returns was increased. The total cost over the next 10 years? Exactly $1.5tn.
As for individuals in high-tax, they weren’t exactly winners. Largely Democratic states will lose the ability to deduct state and local taxes over a $10,000 cap.
How do you think Trump changed America so far? Leave your comment below!
10 thoughts on “Top 5 Ways Trump Changed America So Far (Good and Bad)”
This guy is destroying our country. This is the first time in my life I’m embarrassed to be an American.
He is the best non-politician this country has ever seen. He may be the best President ever.
So far I read your comment on the wall. I don’t give a damn who pays for it. The wall will pay for itself post haste. Do you have any idea what illegals are costing our economy at this point? That wall will pay for itself many times over. You had to get law degrees to write this article?
Dearest Harley, you say that now but when you taxes triple to cover the 1.5 trillion dollar price tag I bet you won’t be so happy.
The wall will NOT pay for itself post haste.
More than 30% of the illegal immigrants in our country come across the border LEGALLY and overstay their visas. Much of the terrain for the wall is impossible to build on and the land belongs to private citizens. Law suits, just on the fences, have already caused over 7 years of delays and billions of US tax dollars.
The wall is absolutely NOT a practical solution not matter how you look at it.
So far looks pretty much like a failure. Oooops! did I say that.
Hes a blowhard buffoon. The Capital Clown.
I love the man.
He`s an ego driven bully. I don`t like his style.
I feel the country is being well run with great staff.
AND BEST OF ALL B H O is gone.
Lets put it this way… When he is found guilty I hope they put him and his treason family in front of a firing squad. I would love to volunteer to pull the trigger. This family for what they are doing to our Country doesn’t deserve prison… It’s to good for them. I think they need to be run out of this country and forbidden to ever step foot in the United States again.
If we build the wall, we should build it as a tourist attraction, like the one in China. I believe a chariot can be driven on the great wall, so we would want to be able to drive a bus atop our great wall. arne.
Trump has been an unmitigated disaster! He is destroying the programs that work, and putting in
new programs designed to allow corporations to run roughshod over their employees and clients.
It will take decades to undo the damage Trump has caused in only 18 months.