Trump claims he will 'probably pay more' under new tax plan
Source: MSN/The Hill
President Trump on Friday pushed back on criticism that his tax plan will help the wealthy, claiming that he will personally pay more in taxes under the new system, despite not having released details on his taxes.
"If I am individually paying 35 percent, I will tell you that's more. OK? I'm gonna end up paying more than I pay right now in taxes," Trump said in an interview on Fox News, pointing to tax deductions he plans to eliminate.
"The reason I am going to pay more is because I lose all the deductions. They have deductions on top of deductions ... things you've never heard of before," Trump said.
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Trump has faced continued criticism over his refusal to release his tax returns, with Democrats signaling his refusal to release them could complicate GOP plans for tax reform.
Read more: http://www.msn.com/en-us/news/politics/trump-claims-he-will-probably-pay-more-under-new-tax-plan/ar-BBAvioJ
It is good that Democrats are uniting in resisting Trump, rather than trying to pull a Ted Cruz and stab each other Democrats in the back for individual political gain.
tenorly
(2,037 posts)No use telling that to his babbling bigot base though.
Ilsa
(61,695 posts)Reason he's had go pay any significant taxes in the past from what we can surmise from one year of leaked taxes.
JustABozoOnThisBus
(23,339 posts)I look forward to reading of their inheritance.
WhiteTara
(29,705 posts)Our country gave that person a platform to make oodles of money and once dead, should return some to the society that enabled him/her. JMHO
JustABozoOnThisBus
(23,339 posts)And, as the Trumps would say, "SCREW the society that enabled me/us."
They're not interested in paying one cent for society.
WhiteTara
(29,705 posts)Freethinker65
(10,017 posts)Midnight Writer
(21,753 posts)Maeve
(42,282 posts)And how they eat Goldilocks for breaking their stuff....
He's NOT paying 35%...the 2005 taxes show that the AMT is the only reason he's paying much of anything.
Sunlei
(22,651 posts)progree
(10,904 posts)NOT
mnhtnbb
(31,386 posts)brooklynite
(94,520 posts)My wife estimate that 1%ers, particularly those who take partnership shares of corporate income, will make out like bandits.
malthaussen
(17,193 posts)Since he already pays nothing, it's still nothing.
-- Mal
nop
Vinca
(50,269 posts)not fooled
(5,801 posts)he's lying
oh, and the "probably" is likely an indication that it's starting to register in his addled brain that when he flat out lies, he gets called out now, unlike during the campaign when he was surrounded by hordes of idiots buying into his every word. So, being the slippery con that he is, he is throwing in some wiggle room.
Kennah
(14,261 posts)Nitram
(22,794 posts)He's from the Bizarro World.
WinkyDink
(51,311 posts)Bengus81
(6,931 posts)Total bullshit Trump and you know it. So is your wanting people to belive you've diversified yourself from your Corporations.