Comments by "Maria" (@maria8809ttt) on "Trump is sanctioning lawyers who want to uphold the law . That’s wrong." video.

Just had this comment in a reply to me. An interesting read. Fun fact, 2000 Trump campaigned on erasing the debt with a wealth tax. Most likely he was just lying then also. Maybe it was John Barron's idea. Trump rolled out a tax proposal that became the subject of attention. In a series of telephone interviews in early November, Trump proposed a one-time 14.25 percent "net worth tax" that would apply to individuals and trusts with assets greater than $10 million. The plan was meant to raise $5.7 trillion in revenue to wipe out the national debt, estimated at the time to be $5.66 trillion. The plan exempted one's homestead from the calculation. Trump estimated that the tax would only apply to one percent of the population and that the remaining 99 percent would receive a federal income tax cut as well as an elimination of the estate tax. He projected a 35 to 40 percent increase in economic activity as a result and eliminate $200 billion in federal interest payments, half of which would be used to fund middle class tax cuts and the rest to allocate for Social Security. The original plan provided only one year for taxpayers to pay the new tax, but that was later increased to 10 years.
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