Help Donald Trump create an America Both SAFE and GREAT! Message Board

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Politics : Help Donald Trump create an America Both SAFE and GREAT!

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From: Solon	6/2/2016 11:57:14 PM
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From the Motley Fool... "...Substantially lower taxes on upper-income earners and an end to corporate taxes could provide a huge domestic investment boost. Currently the United States has the second-highest corporate marginal tax rate in the world. This tax rate disincentivizes some companies from investing in the U.S., and it's kept more than $2 trillion in foreign earnings from being repatriated back into the country. No corporate taxes and low individual tax rates could spur upper-income earners and businesses to innovate at home rather than overseas. Trump's proposal to leave the nation's entitlement programs – Social Security and Medicare – relatively untouched could garner a lot of support from retirees and Americans nearing retirement. With the prospect of Social Security benefit cuts very much on the table for most candidates, Trump's proposal would appear to offer the most security that their benefits wouldn't be cut. Lastly, Trump's trade proposal is what affords him the ability to cut corporate and individual taxes. Taxing imported goods could help put U.S.-made goods on a more level playing field with emerging market economies where low labor costs provide an inherent advantage..."

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