San Diego Housing Market News and Analysis
Trump's latest tax plan...Not really a middle class tax break...
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Submitted by Coronita on September 15, 2016 - 7:37pm
His campaign also filled in some additional details on Trump’s plan, which has evolved over the past 12 months.
They are 12 percent for individuals earning as much as $37,500 and couples earning as much as $75,000;
33 percent for individuals earning more than $112,500 and couples earning more than $225,000.
With his tax proposal most of the W2 wage earners here in CA are subject to the roughly the same tax increases as would be under Hillary, right? The only ones that would benefit, get a break are the very poor and the very rich, no?
So, here's what I don't get... The average middle class american and upper middle class's complaint has been that Obama/Hillary's tax proposals tax too much on the W2 higher income (yet, not wealthy) individuals/families. How is Trump's proposal any different?
Seems to me, both Trump and Hillary is going to end up shafting W2 wage slaves, again....
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