A Quote by Donald Trump
When I go around, despite the tax cut, the thing - the things that business as in people like the most is the fact that I'm cutting regulation.
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We vetoed five income tax increases during my time as governor. We cut business taxes $2.3 billion, and we cut regulation by one-third of what my predecessor put in place.
Look, only in Washington is not raising taxes considered a tax cut. Nobody's getting a tax cut here. We're not cutting taxes. We're preventing tax increases from occurring.
Whenever I'm asked if the Trump tax cut is for the rich, I say yes. It is a tax cut for the rich. It is a tax cut for the middle class. It is a tax cut for small businesses. It is a tax cut for the Fortune 100.
If the goal of the Trump tax cut is to make America look more like tax-cutting North Carolina and less like soak-the-rich Connecticut and Illinois, he's certainly on the right track.
Make no mistake, the point of cutting the personal income tax and the capital gains cut is to send an unmistakable message to business leaders.
The United States of American business pays the second-highest business taxes in the world, 35 percent. Ireland pays 11 percent. Now, if you're a business person, and you can locate any place in the world, then, obviously, if you go to the country where it's 11 percent tax versus 35 percent, you're going to be able to create jobs, increase your business, make more investment, et cetera. I want to cut that business tax. I want to cut it so that businesses will remain in the United States of America and create jobs.
Many Republicans have what I call a 'tax-cut syndrome' where they have never seen a tax cut they didn't really like and didn't see a tax increase they didn't hate and do everything they could to block.
We have parts of our system which are overwhelmed by regulation. It wasn't the absence of regulation that was the problem. It was despite the presence of regulation you got huge risks built up.
Stoutly pro-tax-cut and libertarian on social issues like abortion, Trump is a Republican with the business know-how to turn the country's economy around.
It's not like some movies where you're following a bunch of different stories you can cut around. There was nowhere to cut to. It's these guys. We're not cutting back to anybody else
It's not like some movies where you're following a bunch of different stories you can cut around. There was nowhere to cut to. It's these guys. We're not cutting back to anybody else.
We cut tax exemptions in 1986, it was the most admired tax reform in U.S. history. Congress and the president worked together then to eliminate scores of loopholes and exemptions and deductions; this made taxes much simpler, and allowed a major cut in tax rates.
Corporate tax reform should include not just large C-corps but also smaller business S-corps and LLC pass-throughs. And nearly as important as cutting business tax rates is the need to simplify the inexplicably opaque and complex system.
As president, I would promote a Fair and Flat Tax plan, known as the 'EZ Tax.' My tax plan would be the largest tax cut in American history, reforming individual, business, and worker taxes.
Despite the fact that he no longer dressed like the big dork he did then, despite the fact that he’d swapped the nerd wear for some much cooler clothes, despite the fact that he’d let his hair go all shaggy and loose to the point where it curved down into his face in that cool guy, slightly windswept, effortless way, despite the fact that every time I looked into his brilliant blue eyes I was totally reminded of the Zac Efron poster that used to hang on my old bedroom wall, it still didn’t make it okay for him to laugh at me the way he did.
My healthcare plan puts more money into average families' pockets than the Bush tax cuts... He's got a lousy tax cut. It's only good for the super wealthy. I've got a tax cut that will help ordinary people.
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