Tax Guru – Ker$tetter Letter

Helping real people win the tax game.

Trump’s Tax Issues That Would Affect Us

Posted by taxguru on September 19, 2016

It’s a normal part of political campaigns to focus attention on issues that really have no bearing on the big picture of who would be the better president.  The Hitlery campaign has been trying to make a big deal out of Trump’s refusal to reveal his personal income tax returns to the public.  While his excuse for not revealing them, an IRS audit, is bogus, I actually admire his stand as one more non-traditional campaign tactic that has thrown the DemonRats and their enemedia propagandists completely off balance. 

However, even if Trump were to cave in to the pressure to open his tax returns up for media scrutiny, what difference will those have on any of us in the real world?  Zip, zero, nada.  His opponents just want to find something on the returns that they can use to shame or embarrass Trump.  

What would actually affect our personal and business lives in the future are the changes that could be made to the tax system under a new presidential administration.  Tax Foundation has just published a very interesting in depth analysis of Trump’s plans to modify the Federal income tax system.

Details and Analysis of the Donald Trump Tax Reform Plan, September 2016

Again, since most politicians will say absolutely anything in order to win votes, there is no guarantee that campaign promises will become reality.  However, it does give us a taste of what a candidate’s economic platform may look like. 

Hitlery’s economic beliefs have always been well known, so there really isn’t any need for much new analysis.  We can just refer to her guiding philosophy.

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