Quote:
Originally Posted by Jeff '79
Goin' for a triple top ?
Trump announces his tax reform plan next week.
Personally for me, that is one of my biggest gripes about this country is the crazy tax structure.
I hope that he announces a flat tax for corporations and individuals.
That ain't gonna happen, but the market should peak again next week.
Anyone got anything ?
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I have always felt that Trump and the Reps should push for a one time 2 year reduction on Corporate taxes on money brought home from overseas.
It's estimated they have 2.5 Trillion overseas they can't or won't bring back due to our current tax law. If we could get the tax low enough ( say 5%) to bring back 1 Trillion we would have a massive boost to the economy and a 50 Billion tax revenue bump.
Once that is done getting a more significant ( Flat tax) type of change through would be a much easier proposition for the Reps.