Tax Plan Proposal A Blueprint Of President Donald Trump's Tax Priorities And Principles | MSNBC

NBC News' Kristen Welker shares what is known, so far, about Trump's tax plan and the effects it could have on the economy.

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Tax Plan Proposal A Blueprint Of President Donald Trump's Tax Priorities And Principles | MSNBC

[ianyboo]

"Lets spend billions more on the military and also cut taxes! What could go wrong!?"

[ZakeBudek]

That's some snake oil, the US already averages 3% growth for the last 70 years.

[johns]

Walmart is the largest employer in the US, so if their tax rate is lowered to 15% will they pay employees more, answer NO.Will they hire more employees, answer ?. Will prices go down, again answer is NO. Will they open more stores, answer NO. Also several of the other top ten are either retailers or fast food companies. No mention if this is a flat tax or will they still have the massive deductions that always favor big business.

[Carlospjr]

Tax reform = less $ from corporation's . Spend more on Military & infrastructure. Where are we going to get this $ from?

[lukeazks]

Kansas's economy tanked after taxes were cut for buisnesses. It was supposed to bring jobs. Trickle down doesn't work never did never will

[deathbykitty]

These reporters should be outraged at Trump's attempts to widen the wealth gap.

[beetee]

If you have billions or millions of dollars why would you need a tax cut and correct me if I'm wrong didn't these same business get tax cuts to increase employment and spent the money did not expand employment wasn't it called trickle down economics and we are now 8 yrs Bush 8 yrs Obama 16yrs in all and they businesses backed out on the deal, this is crazy

[ClaudyArfaras]

Bring back 94% Top Tax Rate... FDR created a middle class and sustained growth the world has never seen before or since. We know how to grow a middle class and fund research and have huge growth. Bring back the 94% Top Tax Rate as Flat Top Tax Rate... The rich were still rich and there was no gap between rich and poor. Outrageous lowering taxes with a gap bigger than ever and protests in the streets. Republicans are playing with fire but too greedy to see it...

[gonefishing]

Further reducing taxes on big corporations is yet more government welfare for big businesses at tax payer expense. This is all about making the very rich even richer at the expense of the majority of U.S. tax payers. And big businesses and the very rich will take those extra profits from reduced taxes and move them off-shore or use them to invest in overseas operations -- working class people in the U.S. will derive little benefit from giving additional tax breaks to big corporations and the very rich. Let's make big corporations and the very rich pay their fair share of federal taxes and use that to help pay down the federal deficit and to help fund expanded health care coverage for the working poor and our elderly. It is clear that Trump does not care about the working class once he has received their votes after making them lots of empty promises.

[strummer]

Congrats to all of you who make over $250, 000 and are in the 39% tax bracket. You are being lowered to the 33% tax bracket. As for everyone else; sorry you will stay in the same bracket you are in, so you get NOTHING! Congrats again to the top 1/2 of 1%

[ZachTheRantingGuy]

Hey Trump show us your taxes! What do you have to hide?

[yonibanuelos]

Could someone please explain to me what this tax plan means? thx in advance

[fivegobblers]

You are waisting your breath he will never show his tax returns and I'm glad he don't because it drives y'all nuts! Bahahahaha

[bmdshred]

Don't remember MSNBC wandering how to pay for Obama care.