| bdbdbd said: Anyway, there should be quite a number of new jobs, meaning less unemployment. Immigration stresses the welfare budget, while new cheap workforce keep the low wage jobs as low wage jobs. Actually Trump has said he'd raise the taxes of the rich people, or that's actually what I've understood. And this makes sense, as I'd guess every million Trump pays in taxes is going to make him five (because the more money is used, the more it's generated). When people make more money the price of property as a whole goes up. It's not just the property you can afford because the demand on more expensive property is going to increase aswell. Basically it all boils down to people having more disposable income that leads to more loans, that leads to more disposable income, that leads to more loans, etc. |
Less unemployment you say after Trump starts a trade war? Right when the manufacturing industry in USA was trying to prove itself with less workers and more automation. Should business tax be lower? Sure but then cut all the loopholes out but that won't happen. I'm all for a more fair tax but some lobbyist got sweet deals on their tax returns for their industries.
What about his tax plan? Seen it before. Cut taxes even more on the top brackets while barely on the lower brackets. Who gains? Not many but I am sure Trump will. He also wants to get rid of the estate tax aka death tax for republicans. This only affects I believe families with over 5 million dollars. This would benefit him supposedly too a lot. Looks to me like he is just hooking himself up with some huge tax breaks. Show me when trickle down effect has ever worked. It might as well be said that it is piss in your face effect. Rich people don't just go starting numerous business usually when they get more tax breaks. They seem to be sitting on more and more of the cash.
You know the wage growth for the average American has been shit since about the 80s. I don't see how Trump's plan to lower the top income tax bracket would amount to shit for jobs or wage growth. I believe Bush Jr had a negative job growth but apparently we have actually almost recovered from the 08 crash. Took about 8 years but hell we are here now and I be damn if I see Trump ruin everything by pulling a Bush and giving more tax breaks to the rich and starting a few wars. When was the last time we had a budget surplus? It was late Clinton years and then Bush happened (side note that Bush actually had surplus in his first year or two thanks to the budget that was set up for him and which he quickly blew it).
I don't like Clinton either and pretty much don't like any of the two major parties. Our system is fucked and we need a proportional representation government. Screw winner takes all and the electoral college.
