WSJ had an article and some cliffs are;
0% on under 50k households.
Raise taxes on Rich and wall street.
Remove interest earned hedge fund loop hole.
Simplify code.
Lower Corp Taxes (assume this with simplify leaves effective rates close to same??)
Believe they said it would be little net change to tax income for the Fed gov't.
Doesn't seem like this is going to go over too well with conservatives. Outside of lowering corporate rates, seems like every other aspect is against what most want.
0% on under 50k households.
Raise taxes on Rich and wall street.
Remove interest earned hedge fund loop hole.
Simplify code.
Lower Corp Taxes (assume this with simplify leaves effective rates close to same??)
Believe they said it would be little net change to tax income for the Fed gov't.
Doesn't seem like this is going to go over too well with conservatives. Outside of lowering corporate rates, seems like every other aspect is against what most want.
