Trump reportedly plans to raise bottom tax rate to offset tax cuts for wealthy

[Johnny2X2X]

10. The plan is a Trojan Horse IMO

It actually doesn't sound all that cruel at first glance, but that can't be. This group of miscreants have done nothing but try to make the lives of the poor and middle class miserable, by the time this law solidifies it will likely totally screw over the poor and working class. Nothing they have done suggests they are changing.

Personally, I'd like to see all income under $30K for individuals exempt, $60K for married couples. If Reps then want a flatter tax after that, that would be a good trade off. Corporations right now barely pay taxes, eliminating the loopholes and lowering the rate could raise revenues and promote business.

The estate tax needs to be increased, the founding fathers weren't sure they wanted inherited wealth at all in this country. a graduated estate tax would be best for the country. Say 0% on anything under $1.M all the way up to 80% on anything over $100M.