If we create the proper tax climate and cut the endless red tape restricting American businesses large and small, then we'll have a real job resurgence, which will help to create "full employment." Full employment means we don't have 20 percent of the population either out of work or underemployed.…
Catalog
Donald Trump
It's time we finally brought our tax system up to date by reducing the burden on most Americans, simplifying the system for everyone, providing a sensible policy for large corporations and small businesses, and cutting out the billions of your dollars we waste every year...and then, to top it all…
This plan will be paid for by reducing or eliminating most of the deductions and loopholes that allow the very rich to pay lower taxes, by the repatriation of corporate cash held overseas, by putting an end to allowing corporations to defer taxes on income earned outside this country, and by cutting…
A key component of this plan is a onetime repatriation of corporate cash now held overseas at a 10 percent tax rate. Under this plan, corporations would profit tremendously by bringing home that $2.5 trillion and putting it to work—while benefitting from the globally competitive, newly lowered…
In an inversion a company moves its legal headquarters to a lower-tax nation and pays taxes there. It isn't illegal or dishonest or even unpatriotic, it's just good business. Any business that does not take advantage of the opportunity to increase revenue by lowering its taxes isn't being properly…
When the income tax was first introduced, only one percent of Americans were taxed. It was never intended to be a tax on most Americans. Under this plan the income tax will be eliminated for nearly 75 million households, and 42 million households that now have to file complex forms that they often…
With disciplined budget management and elimination of waste, fraud, and abuse, this plan will allow us to balance the budget, grow the economy at record levels, clear the backlog of workers sitting at home, and begin the process of reducing our debt. With moderate growth, this plan will be revenue…
My approach to tax policy will do just what needs to be done. For all Americans the uncertainty and complexity of a tax code written for special interests and the very rich will be removed and a clear future will be available for all. The plan has several goals. Let me make it clear that this set of…
My goal is to put H&R Block out of business.
There is no politician who understands our tax system like I do. It has to be changed to make it fair for all Americans— and simplified. I am a strong, proud conservative. The biggest difference between me and all the do-nothing politicians who are all talk, no action? Those people constantly…
I’m not as concerned about the kids growing up in wealthy communities, where high property taxes have allowed them to build great schools, hire the best teachers, and provide all the supplies they need. Those schools are doing fine. In many urban areas, however, schools must fight for every tax…
Of course, there were doubters. Between journalists who sell newspapers by creating controversy, and established politicians eager to preserve the status quo that in turn preserves their jobs, there were many “experts” predicting my demise. They’ve been reading the “polls.” They’ve been listening to…
We are going to get rid of regulations that send jobs overseas and we are going to make it easier for young Americans to get the credit they need to start a small business and pursue their dreams.
On taxes, we are going to massively cut tax rates for workers and small businesses – creating millions of new good paying jobs.