Trump’s Marxist Tax Reform Proposals
Posted by taxguru on September 30, 2017
As I mentioned earlier in the year regarding Trump’s plans to reform the tax code, I don’t intend to waste much time studying or discussing their specifics until it looks like there is a good chance that they will get some traction in Congress, where real tax laws are supposed to be written.
However, listening to Rush Limbaugh’s discussion of the Trump tax reform ideas, I have to agree with Rush that this sounds more like a DemonRat plan than one true capitalists can support.
Soaking the “evil rich” with even higher tax rates is counter-productive to boosting the economy and sounds more like a proposal from a Marxist president, like bHo or Billary Clinton.
Trump is obviously doing this as a way of currying favor from the media and taking the wind out of any Dim claim that he will personally benefit from his proposed changes in the tax code. However, he is now alienating those of us who believe in smaller, less costly government.
The relevant transcript from Rush’s show on Friday:
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