How Will Democrats Fight Trump's Tax Plan?

DONALD TRUMP AND THE REPUBLICANS REVEALED THEIR TAX
PLAN, IT IS DRACONIAN IN EVERY IMAGINABLE WAY.
ACCORDING TO
SOME ESTIMATES IT COULD COST UP TO $7 TRILLION.
WHAT SHOULD
DEMOCRATS DO?
IS THIS A HARD QUESTION?
BUT IT WILL BE, RIGHT
NOW ACCORDING TO THE PRESS, DEMOCRATS ARE CALCULATING WHAT
PARTS THEY AGREE WITH.
I'M NOT SAYING A BLANKET NO, THERE ARE A
COUPLE PLACES YOU COULD AGREE.
YOU KNOW WHAT, THEY WILL REDUCE
THE NUMBER OF BRACKETS FROM SEVEN BRACKETS TO THREE.
OKAY.
COMPROMISE.
FIVE BRACKETS, WHO CARES.
MAKE IT THREE, I DON'T
CARE.
THEY WILL INCREASE THE MAXIMUM DEDUCTION AND TAKE AWAY
SOME OF THE LOOPHOLES.
YEAH, WE COULD COMPROMISE ON THAT.
THAT'S
FINE.
ON THE ONES YOU AGREE WITH HIM ON, WHICH IS VERY SMALL,
OKAY, NO PROBLEM.
I'M NOT SAYING THE OBSTINATE OR OBSTRUCTIONIST.
ON THE ONES WE DON'T AGREE ON, WHICH IS 98% OF THE PLAN, OF
COURSE YOU SHOULD FIGHT IT.
IF YOU ACTUALLY DISAGREE.
ESTATE
TAX, NOT NEGOTIABLE, WE AREN'T GOING TO GIVE AWAY THE ENTIRETY
OF THE ESTATE TAX, WE AREN'T GOING TO GIVE 1% OF THE WAY.
THE
WHOLE POINT OF IT IS SO WE DON'T HAVE ROYALTY IN AMERICA, WE
DON'T HAVE AN ARISTOCRACY THAT HORDES.
YOU OF MONEY TAKE 40% OF
THE PEOPLE THAT HAVE ESTATES OVER $10 MILLION, ONLY .2% OF
THE COUNTRY, AND YOU SAY WE WILL TAKE 40% SO WE CAN GIVE THAT TO
EDUCATION AND HEALTHCARE SO OTHER PEOPLE HAVE AN OPPORTUNITY
TO GET RICH -- YOU FIGHT BACK ON ESTATE TAX, THAT'S A NO-BRAINER.
ALTERNATIVE AND TAX, THAT ONLY APPLIES TO THE RICH, IF THEY
WANT TO SCAM YOU AND GET AWAY BY FINDING ALL THE LOOPHOLES, I
THOUGHT YOU SAID YOU WERE AGAINST LOOPHOLES?
GREAT, THEN
YOU WILL HAVE NO PROBLEM WITH THE ALTERNATIVE MINIMUM TAX.
SO
WHAT IS YOUR OBJECTION?
WE FIGHT YOU 100% ON THE ALTERNATIVE
MINIMUM TAX.
ON LOWERING THE INDIVIDUAL INCOME BRACKET FROM
39.6 TO 35, THE ANSWER IS NO.
THAT'S JUST FOR THE RICH, MOVING
ON.
THE ANSWER FOR THE PASS-THROUGH -- SOME SMALL
BUSINESSES THAT ARE STRUCTURED THROUGH THESE PASS-THROUGH
CORPORATIONS -- THEY ARE NOT SMALL BUSINESSES.
GLOBAL LAW
FIRMS, HEDGE FUNDS, TRUMP ORGANIZATION, THEY ARE ALL
PASS-THROUGH COMPANIES AND THEY WANT TO LOWER THAT THE 15%.
THAT
MEANS YOU WILL LOWER THE RATE FOR MOST OF THE RICH FOLKS IN
THE COUNTRY TO 15%?
OUR ANSWER TO THAT IS HELL NO.
TAX HOLIDAY?
WE AREN'T GOING TO DO A TAX HOLIDAY FOR MULTINATIONAL
CORPORATIONS.
AND DEMOCRATS ARE ALREADY HAPPY TO DO THIS.
OBAMA
OFFERED IT SEVERAL TIMES, THERE WAS A LITTLE DISAGREEMENT OVER
WHETHER IT SHOULD BE 5% OR 10% OR SOME COMICALLY LOW RATE.
YOU
WILL FIND OUT WHO THE DEMOCRATS ARE.
THIS TAX PROPOSAL IS
INTERESTING.
WE ALREADY KNEW WHO DONALD TRUMP AND THE REPUBLICANS
WERE.
I KNOW THE MAINSTREAM MEDIA CAN TELL, BUT THE REST OF
US ARE NOT SCHMUCKS, IF YOU GET YOUR NEWS FROM REAL SOURCES ON
THE INTERNET YOU KNOW WHAT THE POLICY PROPOSALS ARE, YOU CAN
BREAK IT DOWN DIME BY DIME.
YOU KNOW REPUBLICANS STAND FOR THE
RICH AND MULTINATIONAL CORPORATIONS, THEY PROVED IT
WITH THIS TAX PROPOSAL.
BUT WE DON'T YET KNOW WHO THE DEMOCRATS
ARE.
I HAVE A STRONG INKLING, I THINK YOU PROBABLY HAVE A STRONG
IDEA THEY ARE, BUT THEY CLAIM THEY TURNED A CORNER AND THEY
WILL BE REALLY PROGRESSIVE AND THEREFORE HOPE AND THE AVERAGE
GUY AND STUFF.
GREAT.
YOU WILL GET A CHANCE TO PROVE IT.
FIGHT
THEM TO AND NAIL ON EVERY SINGLE ONE OF THOSE TAX PROPOSALS THAT
WE DON'T AGREE WITH, AND I WILL SAY, HEY, YOU KNOW WHAT?
MY BAD,
THOSE ESTABLISHMENT DEMOCRATS, THEY FOUGHT THEM, MAYBE THEY
KILLED IT, MAYBE THEY DIDN'T, BUT THEY FOUGHT IT TO THE MAN
AND DIDN'T COMPROMISE ON ANY OF THIS STUFF, WHICH WAS CLEARLY
DESIGNED TO ROB THE AMERICAN PEOPLE ON BEHALF OF THE RICH
DONORS, THE DONOR CLASS, MULTINATIONAL CORPORATIONS -- SO
IF YOU DON'T GO WITH YOUR DONORS, DEMOCRATIC PARTY, AND GO
WITH THE VOTERS, WE WILL KNOW.
IF YOU DO THE OPPOSITE, WE WILL
ALSO NO.

How Will Democrats Fight Trump's Tax Plan?

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