Soundwave on 22 September 2016
the-pi-guy said:
Trump's previous tax plans would've cost closer to $10 trillion. So clearly, he changed it to not be so dramatic. The issue is, that the US can't afford tax cuts unless it drops a lot of spending. Most of our taxes go towards social security, medicare and the military. https://www.nationalpriorities.org/budget-basics/federal-budget-101/spending/ Trump previously said he wouldn't do anything to Medicare or SS, and insists on increasing military spending. Overall that means lowering income and raising expenses, and we can't afford things as it is. |
Don't worry, Mexico will pay for the tax cuts. They just don't know it yet.
