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Cicada

(4,533 posts)

4. The strong desire to repeal it means it hurts someone

Reply to former9thward (Reply #3)

Tue Sep 12, 2017, 04:16 PM

Sep 2017

The exemption for charitable foundations will not apply to Trump. He is too selfish for real charity.

The IRS collects 20 billion a year so some rich people pay quite a bit.

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So how much would Trump save if his tax plan ever passed? 💰 $125 MILLION. [View all] procon Sep 2017 OP

How does one save money on taxes if they are broke? Not Ruth Sep 2017 #1

His Estate tax savings multiple billions Cicada Sep 2017 #2

No one of that wealth pays the estate tax. former9thward Sep 2017 #3

The strong desire to repeal it means it hurts someone Cicada Sep 2017 #4

They collect it off small businesses owned by one owner. former9thward Sep 2017 #6

Not one owner of a small farm has ever had to sell the farm to pay estate tax Cicada Sep 2017 #8

Show me one example of someone of Trump's wealth paying it. former9thward Sep 2017 #10

Bloomberg gifts to charity are in effect death taxes Cicada Sep 2017 #11

His voters are going to really see how much he cares about them Thrill Sep 2017 #5

The middle class isn't the main people benefiting from the Mortgage Interest Deduction. rgbecker Sep 2017 #7

The benefit from the mortgage interest deduction is probably close to zero for everyone Cicada Sep 2017 #9