Trump’s Tax Plan Goes Head to Head with Hillary’s Tax Plan – The Result is Shocking

Hillary’s tax plan is not very different than what we have now with Obama. Her proposed surcharge on high-income taxpayers was created to compete with Bernie Sanders’ hawking wealth redistribution. There are no significant cuts for the middle class, and there is nothing real interesting here that will help the economy grow. It’s status quo Obama with a few new bells and whistles.

Trump’s tax plan is a huge re-haul and was designed to boost the economy. The brackets are all simplified including a 0% bracket, meaning lower earners will pay nothing under a Trump administration. Reducing the corporate rate of tax to 15% will fuel small businesses and job growth and the one-time 10% repatriation tax on foreign profits will bring offshore money back to the United States. 

The impact is clear. Trump’s plan will result in massive GDP growth, capital investment growth, wage growth and millions of new jobs. Hillary’s plan will take the already sluggish US Economy right into the gutter. In addition, without big bank, big oil and multi-national corporate donors he has to please like Hillary has, Trump will save the United States billions (possibly trillions) by cutting out the corruption that comes with returned favors to big money donors.