@@tommesiacooper1258 Good luck with your decision. I am saying that his policies will negatively affect those poor and ordinary folks who will be voting for him more. It won't affect me in anyway. And I am NOT going to vote for him. Project 2025 will affect you if you are not a straight white man. Spend sometime and read it.
@@tommesiacooper1258 Many of those who wrote project 2025 are trumpf people. Many of trumpf's policies were proposed and introduced by the creators of project 2025. U will. It will affect many of his voters more. I won't be affected in anyway. But I will NOT be voting for him.
Under the proposed 2-tier tax system with 15% for incomes up to $168,000 and 30% for incomes above, someone earning just above the poverty line at $15,000 would see their tax increase from $1,580 to $2,250, a $670 rise. Conversely, an individual making $140,000, which is double the average American income, would see their tax decrease from $27,000 to $21,000, saving $6,000. This shift results in a higher tax burden on lower-income earners and a reduced tax burden on higher-income earners.
Except that this Heritage Foundation Project 2025 is NOT The Official Republican Platform. Conversely, the UN Agenda 2030 is more in line with the Democrat Party Platform, and is very destructive of Individual Freedoms under our Bill of Rights.
@@royaltyblessed2454 you were giving a very specific situation where the math works out like that, if you aggregated as as a whole, that’s not what’s happening. But it doesn’t matter anyhow, it’s totally moot because project 25 has literally nothing to do with Donald Trump, he put out “plan 47 “ but you all can’t whip that into hysteria the same. So you are playing 6° of Kevin Bacon trying to connect this to him as always, very unbranded.
@@rebeccatrono3376 the point is moot because project 25 literally has nothing to do with Donald Trump, it’s a Washington think tank that they try to play 6° of Kevin Bacon to connect to him. Even though he put out “ Favorite plan 47” Honest to God, I’m a liberal but anti-Trump leftism and the new left is so untethered from reality and are not the good guys like Colbert and Maddow convinced you you were.
@@rebeccatrono3376 Except that the Heritage Foundation's Project 2025 is not the Official Republican Party Platform, although it is being pushed like Fentanyl by the Progressive Democrat media as THE Republican Trump Platform - and it is NOT.
The Hunger Games is a virtual Template on what the so called "left" under Democrat Socialism has been attempting to organize and re-organize our Society under.
@@abndogo you have stated my biggest fear. With nut bags on both sides who value their own life and no one else’s. Pretty sure one side will loot and burn and the other has guns and good aim. What could possibly go wrong?
Are mentally ill? The poor doesn't even pay enough taxes, at all. The middle class are the main funders. It's time for the poor to put in their fair share
You only need to look at overseas examples of the introduction of a consumption tax, to know who it benefits. It is a nice theory, that the more expensive the item you buy, the more tax you pay, but the reality is that unless essential services and basic household expences (your rent, milk, bread, prescriptions, medical expences etc,), are exempt, the poor get poorer and the rich get richer. Do not fall for this con America, we did. and within 5-years the supposed income tax benfits had been exposed as an absolute sham.
TARIFF TAXES DURING GREAT DEPRESSION MADE IT WORSE. LOOK IT UP - I DID AFTER MSNBC SAID IT. ONE MORE REASON TRUMP DOESN'T UNDERSTAND WHO PAY'S IT OR OUR HISTORY. JOE'S EXPERIENCE AND UNDERSTANDING OF HOW ONE THING INFLUENCES ANOTHER BECAUSE OF HIS EXPERIENCE - HOPE THIS NEXT TERM HE CAN MENTOR.
@@carolynablett8848 I voted for Bill Clinton as a democrat and since I voted for Bill Clinton and his policies I would never vote for Biden and his. For true democrats there’s no question our party left us. I’m also for the people who pay taking purse strings out of governments hands. We still don’t have a budget and yet we keep sending money overseas. So please someone explain how we know we have the money to send overseas if we don’t have a budget for ourselves?
Reagan grew the GDP by 30% in W/out printing 12T like Biden. It was one of the singular most financially prolific epochs of our history- but moreover the opposite doesn’t return the results you want, the top 20% are already paying 90% of tax revenue. Taking even more just makes things more expensive.
First off please stop using leftist buzzwords, trickle down is a leftist word. 2nd, does taxing corporations too much have a negative effect? Obviously it does, so then clearly you have to find the sweet spot where corporations are contributing enough to pay for infrastructure but not so much it runs them out of town.... So it's not 0 and not 100....what is that number? Around the world that number seems to be 14%-19%(keep in mind corporate taxes are paid and then income taxes are paid by people working at the corporations...so money created by that corporation is basically being taxed multiple times). Trump dropped taxes on corporations around 8%(gains)...corporations brought around $3.4 trillion back into the country b/c of that(that's documented, you can look it up), when they did that money was taxed at the lower rate(that brought in more tax revenue than had he not lowered taxes, again look it up). Do you know tax revenue increased after the tax cuts? Imagine you own a bake shop, and then suddenly you are allowed to keep an extra $100K a year of your profits...what are you going to do with that money? you are going to invest that money back into your bakery b/c you want to grow your business(that's the goal of having a business), so you buy more ovens, more supplies and you might even hire another person to help increase your productivity with your new equipment. So all that new equipment you bought had to be built by someone, so you've helped fund jobs elsewhere, then you've created a job yourself...and you bring in more money next year(and pay taxes on that extra money you made...so you are probably paying as much in taxes that you were the year before b/c you are making more money)....and you grow and hire more people....then more money next year and hiring more people...and on and on. This is how you grow economies. Now for very large corporations you have to put protections in place to safeguard against stock buybacks but that's not hard to do and very very few corporations do that anyway nowadays since corporate portfolios are so diverse. Nobody is saying pay 0 taxes, the top 1% already pay like 40% of all tax revenue. If you can bring the manufacturing sector back strong to America you could get millions of Americans off of Govt assistance programs, that would save hundreds of billions of dollars a year in tax dollars...so even if you cut the top 1% from 40% to 35% of all taxes it would not negatively impact the lower classes b/c they aren't depending on that tax payer funded Govt assistance, they would be supporting themselves with good paying jobs. And the less money flowing thru govt would mean less chance of corruption(b/c in Govt money just means power), if there's less money, there's less power for bad people to try and exploit. I know this went long, and people prolly wont read it but I really hope some do. thanks if you did.
@@richpomanFU 15% tax cut for people making 168k and lower would literally be the best thing anyone's done for the lower/middle class in 40 years. How could you NOT vote for that?
I'm not a money or tax expert at all, and maybe I'm not understanding this correctly, but wouldn't this be awful for the economy? Wouldn't a consumption tax discourage spending?
Same way wealth taxes discourage the accumulation of wealth, high income taxes discourage the chasing of higher incomes... People need to acknowledge that taxes need to go down and government needs to downsize. That's the only solution.
@@daviddelgado6090 what’s your suggestion for balance? I’m an independent which means I look at the views on both sides and pick and choose according to the individual things each persons voted on. Voting informed by actual actions is how I’m going to vote he
And right now with democrats in house voting against safe act I do know that I will not be voting for anyone who voted against it. We will see who my senate picks are based on their actions.
@@susanpulfrey1112 Balance what? Federal spending? That train left maybe a century ago. BTW, most countries are in debt because private capital will not suffice to meet the country's needs. ( Roads, schools, submarines, ICBMs)
@@daviddelgado6090 Balance in life would fix our economy. If we let people put their tax dollars towards what they believe in instead of what the government believes in. For example we travel which means Illinois is our home address but we’re mostly out of state. If it weren’t for 5 cameras I would never see my home. We pay property taxes to Illinois even if it’s not the state we’re working in. Do you think a state that’s not being worked in deserves taxes from the person not working in that state? I say no it should go to the state we are in for the use of their resources. If you have a different view would be interested to hear what and why?
@@EileenAEllis-dg3zq You're on drugs if you think that's how it'd work. You'd be taxed on your paycheck, you'd pay a state sales tax if applicable, and you'd pay the federal consumption tax. Brought to you by the Chinese conglomerate called the Heritage Foundation.
@@John-marston1914 You pay state taxes on goods you buy. Imagine when you get your paycheck and no taxes are taken out! Every payday! The national sales tax should exempt food, housing and medical from taxes. Everything else you pay the tax on.
He says "Its hard to know how this will impact low income people"...if there is a consumption based federal income tax, its pretty well accepted knowledge that consumption based taxes disporaportionately affect lower income populations...
If you look at the sources for this Project 2025 conspiracy theory on wikipedia it includes a comedian. 🤣 This is Alex Jones gay frogs level of crazy by the Democrats who already are having tp admit they lied about Biden's health and mental the last four years. Why anyone would believe this conspiracy theory is clear, hatred of their fellow Americans who don't think like the left.
@bennypit4411 They have been publishing a Mandate for Leadership since Ronald Regan was elected in 1981, it's basically the conservative policy request list, it's very relevant. Are you in favor of this? How will your personal finances be impacted? Black Lives Matter is not proposing to take any money from you
So based on the single federal income bracket, if you make less than 47k that's a tax increase, but over 47k up to 168k, it's a tax decrease. Then if you make more than 168k up to 192k, it's a tax decrease, then it's pretty much slightly less. Married, it's a tax increase until you make 95k, then it's a decrease up to 383k.
Sounds like they are wanting to raise your taxes. They are wanting to a flat tax + a consumption tax. The absolute best way to tax would be a national sales tax. No more income taxes. No more filing income tax. When you go out and buy things you then pay the tax. The only thing the IRS would have to do is monitor businesses to make sure the taxes were collected. No more bothering citizens with the tax code. The more you consume the more tax you would pay.
@@emilyfeagin2673 That’s what they are proposing with a consumption tax only they want to add a flat tax to it. If you want to help low income earners you do the national sales tax but you exempt food, housing and medical from taxes. That helps us all but it helps lower income a lot.
Not really, a flat tax comes with no deductions and no loopholes. Like the Democrats always say people should pay their fair share. With a flat tax the more you make the more you pay with no way of getting out of any of it.
@joshuawilliams2310 if you do the calculations the tax burden shifts to those with lower income. For example Under the proposed 2-tier tax system with 15% for incomes up to $168,000 and 30% for incomes above, someone earning just above the poverty line at $15,000 would see their tax increase from $1,580 to $2,250, a $670 rise. Conversely, an individual making $140,000, which is double the average American income, would see their tax decrease from $27,000 to $21,000, saving $6,000.
@@royaltyblessed2454except for the fact that the person making 140 doesn’t pay that because he contributes to a 401k and writes off everything he can to eliminate his entire tax burden, a flat tax would remove the ability to write anything off.
Low income folks can say good bye to their “7-15k “earned income “ tax credit they get for the children they claim on their annual taxes. Im sure his tax laws would do away with those fat checks that help to stimulate the growth of the economy each tax season
So what you're saying is...that Charlottesville was ok? Anybody else notice how this fella didn't denounce David Duke once.... interesting, very interesting. Well... I think we all know what that means.
@@emilyfeagin2673 in all fairness I would be asleep too if my political enemies had me on trial not for any real crimes but just to sway the American voters.
This guy either doesn't know what he is talking about or is lying. The tax level is 12% on the poor and higher than than 30% for all making over $170,051.00. Import tariff increases will make the burden on the pore even worse. But lowering the tax burden on the rich will more than pay for those import tariff increases.
Not really. Why no mention of the work camps for the homeless? Why no mention of the roll backs of workers rights? Why no mention of banning affirmative action? Its 920 pages of really good stuff in there.
@@boristheamerican2938 work camps for the homeless? who do these monsters think they are making them work? Don’t they know that leftism is installing a direct iv into the vein of every tax payer so they can all feed off , and everyone else thy deem worthy. It’s funny because this was written by the heritage foundation of DC thing tank that literally has nothing to do with Trump no matter how many times you all pretend it does
All this guy said was I don't know? Why don't you know? You take people income popular of 2023 and do math based on the proposal tax numbers. Then, predict it for this plan.
Follow the news. Trump talks about them all the time and how we have been working together with the people at the top of the heritage foundation…… just until recent otherwise he says he doesn’t know them, but they are working to get up with him and those other people who is going into his administration if he gets elected….. there are so many rallies he has been talking about them how that they are working with him and helping him and how great he thinks they are…… but now he tries to say he doesn’t know them he never heard of them and then he he: I don’tlike all they saying. That is a bit difficult if you never heard of them.
Sales tax is consumption tax. The problem is that the US has sales tax, income tax, housing tax, medical tax, etc. What is being proposed is sales tax and no income tax.
@@onamiilove777here you are again. (Just pointing out to you how many comments your under, hopefully to convey the desperation of your current state of existence)
Except currently, if you're single, you're only paying 12% up to 47k. Yes it'd be a tax cut after that but until 168 where it'll be a tax increase until 192k.
140 people from trump's last administration Wrote it. The party platform is something to pull out to say, look what we are for. Please look up the voting record for YOUR Congressman or senator.
@@conniegilchrist6925 I follow Politics fairly closely. I do not Trust the RINO's in the Republican Party, and for sure do not trust any Politicians in the democrat Party. I am a Populist, a Constitutionalist, and Trump Supporter, and believe in the Foundation of our Individual Rights and Freedoms - The Bill of Rights. There are many positions in the Heritage Foundation 2025 Program that I could agree with, however Trump has stated openly that the heritage Program 2025 is NOT his Platform - the RNC Platform is his own Platform. Trump's last Administration was his Last Administration, and now he is much more savvy as to the Persons who will be part of his Administration and its guiding ideals and principles. The voting record of my Congressman and Senator are important to me, however their positions are fairly much in line with my own. And if all Voters followed your advise and communicated openly with their representatives or Senators, then that would be entirely appropriate as Citizenship demands this. One might follow the UN Agenda 2030 and the Un Small Arms Treaty, which are entirely anti-Bill of Rights, but the principles and positions and goals in those Documents are being implemented under the Biden Administration, to the extent that it is able. Lastly, I do recommend doing a Deep Dive of Discovery into The Transition Integrity Project, which was begun a year and a half prior to the 2020 Presidential Election by a "Former Associate of George Soros". Google COL (Ret) Lawrence Wilkerson and the many Associated Articles and Video which might still be on Google and You Tube regarding the Three Groups which comprised the TIP. At one time there were 4 Pages of Articles etc., on that Organization, which was an anti-Trump Organization staffed by Silicon Valley Technicians. a few token RINO's, Democrat Attorneys, Politicians, Governors, and Retired General Officers and other Officers, all with direct and indirect lines to all Agencies of Government and gaming out all possible scenarios and events taking place in Washington DC and involving President Trump during the Transition Period from Election to Inauguration. This also covered the coordination to the response of Government Agencies to the Jan 6 2021 Mall Rally and the subsequent events at the Capital Building - all of which the TIP had some two Months to plan and prepare for.
... SO, history lesson... John McCain actually proposed similar moves to this system... your 'expert' completely ignored how 'high income' people actually [now] pay significantly LESS tax, utilizing a legion of deductions and exemptions, where a clear, non-exempted system COULD result higher income brackets pay MORE
There is only 1 Party that has played the King Role and is trying again, that Party actually does what it blames the other Party. 2 Examples: Abraham Lincoln and John F. Kennedy, and there at it again.
Free Trade basically means you have the right to have a yard sale without owing anybody anything . For example , you could have a lemonade stand and charge a dollar per cup without giving 35 cents to anybody . It also means you can fix something for somebody for whatever number y’all wish and , again , there’s no nonsense attached to it . If a job were to cost you 100 bucks , you earn your 100 bucks . You don’t lose 35 percent because some nobodies claim to represent you to such an extent that they try to persuade you to believe it belongs to them .
It’s not really working like it should when you’ve had years of corporate mergers that created effective monopolies. Price fixing and collusion is overlooked these days.
The second Trump is inaugurated P2025 automatically kicks in and completely undoes the Constitution, Bill of Rights and even resends the Declaration of Independence. It essentially takes us back to 1775, so Trump could remake the country into anything he wants.....
Yep. That's the plan. Everyone is afraid of Biden's accelerating cognitive decline. So the counter is a scare tactic that Trump will establish some conservative dictatorship.
@@captainobvious2435had a friend today say she was afraid for her life living near Nashville due to Trump and this agenda. I am just trying to understand how this will happen. We can't make things happen this quickly .. not sure why people are so scared
Just imagine for a moment if the Dems released such a vague platform 😂 💣 🔥 media head would explode. Just another double standard from media and the low bar for trump😂
Being a lower income myself this actually sounds pretty dang fair Consumption makes much more sense than income. Would be nice of 100% of income went away and it was based on sales and consumption. Would help us lower income a ton if so. 😜
The rebuttal to that is that lower income people will be spending all their money on necessary items and won't have enough to pay for other things to stimulate economy
The media just got caught in the massive lie and largest political coverup of our life time, lying about Biden's mental state. As soon as they got exposed they immediately switch to another big lie, Project 2025 and try gaslighting over this too.....and some sheep still fall for it, it's unbelievable.
Bro, his team are the ones writing project 2025. They all just got doxxed. He cannot deny anymore. Literally his former and current aides and several of his cabinet are the authors.
Yeah, right. It is just a plan of the Heritage foundation that has half of his staff in and the main sponsor of Republican convention next week, which will nominate Trump. The whole list is available online with their current positions on Trump's campaign.
Not 'by association'. He is a pathological liar and is a bad one at that. Not smart at all. He could have said that he knows about Project2025 and doesn't agree with the parts of it. Instead, he lied that he didn't know them at all! (The evidence of them knowing and collaborating is overwhelming). He lies to you all the time, and you choose to be blind.... and don't even start with - but Biden lies ... blah blah blah 🙄
@@tigerskatemom Imagine if the media attributed the BLM manifesto and agenda to Biden....BLM staff and member's spoke at both the 2016, 2020 and will at the 2024 convention...staff and member's of BLM also work within the Biden admin. 🤣🤣 Yep thought so.
I love the idea of no more income tax and having consumption tax. No, I'm not rich, I'm Frugal and love the idea of having a reward savings and punish spending. It would actually help teach people to live within their means
Q.How do US corporate income tax rates and revenues compare with other countries’? A.The US corporate income tax rate is now lower than the top rate in all other leading economies except for the United Kingdom. Corporate income tax revenues in the United States as a share of gross domestic product have been lower than the average in other leading economies, even before the 2017 reduction in the US corporate tax rate.
The poor would be even harder hit. Horrible idea.
Many poor people are contributing to trumpf and visiting his rallies. They will also be voting for him
@@towritemichelle210 how will they be hit harder, do you understand how money works? I’d love to understand what you understand.
@@maneshipocrates2264no president is in support of this so why mention trump? Most folks will still vote for him. I know Iam 🤷🏾♀️
@@tommesiacooper1258 Good luck with your decision. I am saying that his policies will negatively affect those poor and ordinary folks who will be voting for him more. It won't affect me in anyway. And I am NOT going to vote for him. Project 2025 will affect you if you are not a straight white man. Spend sometime and read it.
@@tommesiacooper1258 Many of those who wrote project 2025 are trumpf people. Many of trumpf's policies were proposed and introduced by the creators of project 2025. U will. It will affect many of his voters more. I won't be affected in anyway. But I will NOT be voting for him.
Under the proposed 2-tier tax system with 15% for incomes up to $168,000 and 30% for incomes above, someone earning just above the poverty line at $15,000 would see their tax increase from $1,580 to $2,250, a $670 rise. Conversely, an individual making $140,000, which is double the average American income, would see their tax decrease from $27,000 to $21,000, saving $6,000. This shift results in a higher tax burden on lower-income earners and a reduced tax burden on higher-income earners.
Except that this Heritage Foundation Project 2025 is NOT The Official Republican Platform. Conversely, the UN Agenda 2030 is more in line with the Democrat Party Platform, and is very destructive of Individual Freedoms under our Bill of Rights.
Please, please, please share this explanation with everyone you're connected to!
@@royaltyblessed2454 you were giving a very specific situation where the math works out like that, if you aggregated as as a whole, that’s not what’s happening.
But it doesn’t matter anyhow, it’s totally moot because project 25 has literally nothing to do with Donald Trump, he put out “plan 47 “ but you all can’t whip that into hysteria the same.
So you are playing 6° of Kevin Bacon trying to connect this to him as always, very unbranded.
@@rebeccatrono3376 the point is moot because project 25 literally has nothing to do with Donald Trump, it’s a Washington think tank that they try to play 6° of Kevin Bacon to connect to him. Even though he put out “ Favorite plan 47”
Honest to God, I’m a liberal but anti-Trump leftism and the new left is so untethered from reality and are not the good guys like Colbert and Maddow convinced you you were.
@@rebeccatrono3376 Except that the Heritage Foundation's Project 2025 is not the Official Republican Party Platform, although it is being pushed like Fentanyl by the Progressive Democrat media as THE Republican Trump Platform - and it is NOT.
Hunger Games here we come
EXACTEMONT
The Hunger Games is a virtual Template on what the so called "left" under Democrat Socialism has been attempting to organize and re-organize our Society under.
@@abndogo you have stated my biggest fear. With nut bags on both sides who value their own life and no one else’s. Pretty sure one side will loot and burn and the other has guns and good aim. What could possibly go wrong?
Ahh yea, only differences were sanctioning bums to fight for their lives, opposed to them fighting now with no coverage.
@@nickwinn ???
this is literally saying the lower classes and poor pay more but rich/corps get tax cuts, INSANITY
Pay more? 15% federal tax is less. Way less.
Than ?
Are mentally ill? The poor doesn't even pay enough taxes, at all. The middle class are the main funders. It's time for the poor to put in their fair share
ur slow
@@pl9915than currently
You only need to look at overseas examples of the introduction of a consumption tax, to know who it benefits. It is a nice theory, that the more expensive the item you buy, the more tax you pay, but the reality is that unless essential services and basic household expences (your rent, milk, bread, prescriptions, medical expences etc,), are exempt, the poor get poorer and the rich get richer. Do not fall for this con America, we did. and within 5-years the supposed income tax benfits had been exposed as an absolute sham.
Where do you live? Just curious.
TARIFF TAXES DURING GREAT DEPRESSION MADE IT WORSE. LOOK IT UP - I DID AFTER MSNBC SAID IT. ONE MORE REASON TRUMP DOESN'T UNDERSTAND WHO PAY'S IT OR OUR HISTORY. JOE'S EXPERIENCE AND UNDERSTANDING OF HOW ONE THING INFLUENCES ANOTHER BECAUSE OF HIS EXPERIENCE - HOPE THIS NEXT TERM HE CAN MENTOR.
@@peterbrennan7111 they tax food and prescriptions where your from?
The concept would be great if done correctly. Especially if 100% of income tax was abolished. Again. If it is done right.
@@carolynablett8848 I voted for Bill Clinton as a democrat and since I voted for Bill Clinton and his policies I would never vote for Biden and his. For true democrats there’s no question our party left us. I’m also for the people who pay taking purse strings out of governments hands. We still don’t have a budget and yet we keep sending money overseas. So please someone explain how we know we have the money to send overseas if we don’t have a budget for ourselves?
Not taxing rich people and corporations does not carry a trickle down effect!
Reagan grew the GDP by 30% in W/out printing 12T like Biden. It was one of the singular most financially prolific epochs of our history- but moreover the opposite doesn’t return the results you want, the top 20% are already paying 90% of tax revenue. Taking even more just makes things more expensive.
We dont need to say that anymore, the dopes are voting for us anyways! Praise Jesus!
First off please stop using leftist buzzwords, trickle down is a leftist word. 2nd, does taxing corporations too much have a negative effect?
Obviously it does, so then clearly you have to find the sweet spot where corporations are contributing enough to pay for infrastructure but not so much it runs them out of town.... So it's not 0 and not 100....what is that number?
Around the world that number seems to be 14%-19%(keep in mind corporate taxes are paid and then income taxes are paid by people working at the corporations...so money created by that corporation is basically being taxed multiple times). Trump dropped taxes on corporations around 8%(gains)...corporations brought around $3.4 trillion back into the country b/c of that(that's documented, you can look it up), when they did that money was taxed at the lower rate(that brought in more tax revenue than had he not lowered taxes, again look it up). Do you know tax revenue increased after the tax cuts? Imagine you own a bake shop, and then suddenly you are allowed to keep an extra $100K a year of your profits...what are you going to do with that money? you are going to invest that money back into your bakery b/c you want to grow your business(that's the goal of having a business), so you buy more ovens, more supplies and you might even hire another person to help increase your productivity with your new equipment. So all that new equipment you bought had to be built by someone, so you've helped fund jobs elsewhere, then you've created a job yourself...and you bring in more money next year(and pay taxes on that extra money you made...so you are probably paying as much in taxes that you were the year before b/c you are making more money)....and you grow and hire more people....then more money next year and hiring more people...and on and on.
This is how you grow economies.
Now for very large corporations you have to put protections in place to safeguard against stock buybacks but that's not hard to do and very very few corporations do that anyway nowadays since corporate portfolios are so diverse.
Nobody is saying pay 0 taxes, the top 1% already pay like 40% of all tax revenue. If you can bring the manufacturing sector back strong to America you could get millions of Americans off of Govt assistance programs, that would save hundreds of billions of dollars a year in tax dollars...so even if you cut the top 1% from 40% to 35% of all taxes it would not negatively impact the lower classes b/c they aren't depending on that tax payer funded Govt assistance, they would be supporting themselves with good paying jobs. And the less money flowing thru govt would mean less chance of corruption(b/c in Govt money just means power), if there's less money, there's less power for bad people to try and exploit.
I know this went long, and people prolly wont read it but I really hope some do. thanks if you did.
@bennypit4411 RUclips doesn't show it, but I disliked your comment.
@@bennypit4411 "leftist"? Trickle Down Economics is a republican term from the Reagan era..
Let’s get mega wealthy out of politics again.
1 percent pays 95% of all taxes.. why even pay taxes if they just send money overseas anyway?
@@richpomanFU 15% tax cut for people making 168k and lower would literally be the best thing anyone's done for the lower/middle class in 40 years. How could you NOT vote for that?
@@ONETimothy2.12-14 I'm for anyone paying less taxes. The Gov sucks when it comes to money management. I'm with it.
Get money out of politics.
@elbryand4062 Open your eyes democrats your voting for the one that are destroying this country
I'm not a money or tax expert at all, and maybe I'm not understanding this correctly, but wouldn't this be awful for the economy? Wouldn't a consumption tax discourage spending?
Sounds terrible! Mexico maybe an option
The rich want to get richer
It would for the elderly, the disabled and the working poor
Same way wealth taxes discourage the accumulation of wealth, high income taxes discourage the chasing of higher incomes... People need to acknowledge that taxes need to go down and government needs to downsize. That's the only solution.
Did a gas tax discourage driving?
Any proposal involving taxes, tariffs and money in general from MAGA is suspect. Period.
Also have to ask why is corporate tax only 18%.... They are considered "people" right? Make them pay the SAME rates, the 30%.
some people are "more equal" than others
If one taxes consumption it would discourage spending. It would shrink economic activity.
@@daviddelgado6090 what’s your suggestion for balance? I’m an independent which means I look at the views on both sides and pick and choose according to the individual things each persons voted on. Voting informed by actual actions is how I’m going to vote he
And right now with democrats in house voting against safe act I do know that I will not be voting for anyone who voted against it. We will see who my senate picks are based on their actions.
@@susanpulfrey1112 Balance what? Federal spending? That train left maybe a century ago. BTW, most countries are in debt because private capital will not suffice to meet the country's needs. ( Roads, schools, submarines, ICBMs)
@@daviddelgado6090 Balance in life would fix our economy. If we let people put their tax dollars towards what they believe in instead of what the government believes in. For example we travel which means Illinois is our home address but we’re mostly out of state. If it weren’t for 5 cameras I would never see my home. We pay property taxes to Illinois even if it’s not the state we’re working in. Do you think a state that’s not being worked in deserves taxes from the person not working in that state? I say no it should go to the state we are in for the use of their resources. If you have a different view would be interested to hear what and why?
Sales tax is already a thing and people spend now even though it’s a thing.
It will be highly inflationary, dampen productivity, unemployment will skyrocket and many small retail businesses will fold.
It would dump an enormous burden on people who work and let rich people party like a bunch of small children.
Want pay taxes on what we bought? We already paid taxes on what we bought
It would hopefully eliminate “sales tax” and replace it with something like “Value Added Tax”, just like what they have in the UK.
This is your FICA tax on your paycheck. Instead of being taxed on your paycheck, you would only being paying taxes on things you consume.
@@EileenAEllis-dg3zq You're on drugs if you think that's how it'd work. You'd be taxed on your paycheck, you'd pay a state sales tax if applicable, and you'd pay the federal consumption tax.
Brought to you by the Chinese conglomerate called the Heritage Foundation.
@@John-marston1914 You pay state taxes on goods you buy. Imagine when you get your paycheck and no taxes are taken out! Every payday! The national sales tax should exempt food, housing and medical from taxes. Everything else you pay the tax on.
@@jeffnightengale554 It doesnt according to project 2025. If you pay rent on an apartment its subject to tax, which it should.
no this won't FLY and the poor would have to pay more.
He says "Its hard to know how this will impact low income people"...if there is a consumption based federal income tax, its pretty well accepted knowledge that consumption based taxes disporaportionately affect lower income populations...
Yes have heard that
Are people really falling for this?
Unless they are biased and blind to facts just like you.
Cringe just tell me you’re a traitor without telling me.
So you have brought your brown shirt and jack boots already 😉
If you look at the sources for this Project 2025 conspiracy theory on wikipedia it includes a comedian. 🤣
This is Alex Jones gay frogs level of crazy by the Democrats who already are having tp admit they lied about Biden's health and mental the last four years. Why anyone would believe this conspiracy theory is clear, hatred of their fellow Americans who don't think like the left.
No just the media an the paod actors an dnc agents
It won’t change a damn thing, the rich will get richer and the non-taxing paying grifters will continue benefiting….
Maybe CBS should interview the heritage foundation about there plan
Imagine if the media attributed the BLM manifesto and agenda to Biden....it's the same exact logic as they are using here.
@bennypit4411 They have been publishing a Mandate for Leadership since Ronald Regan was elected in 1981, it's basically the conservative policy request list, it's very relevant. Are you in favor of this? How will your personal finances be impacted? Black Lives Matter is not proposing to take any money from you
So based on the single federal income bracket, if you make less than 47k that's a tax increase, but over 47k up to 168k, it's a tax decrease. Then if you make more than 168k up to 192k, it's a tax decrease, then it's pretty much slightly less.
Married, it's a tax increase until you make 95k, then it's a decrease up to 383k.
Sounds like they are wanting to raise your taxes. They are wanting to a flat tax + a consumption tax. The absolute best way to tax would be a national sales tax. No more income taxes. No more filing income tax. When you go out and buy things you then pay the tax. The only thing the IRS would have to do is monitor businesses to make sure the taxes were collected. No more bothering citizens with the tax code. The more you consume the more tax you would pay.
A sales tax hurts people on fixed incomes and low wage earners the most
@@emilyfeagin2673 That’s what they are proposing with a consumption tax only they want to add a flat tax to it. If you want to help low income earners you do the national sales tax but you exempt food, housing and medical from taxes. That helps us all but it helps lower income a lot.
16 top economists sad this would plunge the country into depression... Experts are saying this... No Way !
You sound very JOE BIDEN like
@@KeepITBURNTmijoand you sound like a Trumper.
The consumption based tax sounds like it could be a dangerous way to spike what’s now sales tax
Just like we need experts to tell us a Twister has touched down when the Twister is literally on Video.
@KeepITBURNTmijo So you have brought your brown shirt and jack boots already
It should be 15% for anyone who makes more than 300k.
It sounds like they want to tax the poor as equally as they tax the rich. That’s despicable!
We're not voting for a convicted rapist and felon! Vote blue 💙
Ion wanna Kamala to win either
😂 that tax bracket is a joke.
Not really, a flat tax comes with no deductions and no loopholes. Like the Democrats always say people should pay their fair share. With a flat tax the more you make the more you pay with no way of getting out of any of it.
@joshuawilliams2310 if you do the calculations the tax burden shifts to those with lower income. For example Under the proposed 2-tier tax system with 15% for incomes up to $168,000 and 30% for incomes above, someone earning just above the poverty line at $15,000 would see their tax increase from $1,580 to $2,250, a $670 rise. Conversely, an individual making $140,000, which is double the average American income, would see their tax decrease from $27,000 to $21,000, saving $6,000.
@@royaltyblessed2454except for the fact that the person making 140 doesn’t pay that because he contributes to a 401k and writes off everything he can to eliminate his entire tax burden, a flat tax would remove the ability to write anything off.
Taxes as a whole is a joke
Low income folks can say good bye to their “7-15k “earned income “ tax credit they get for the children they claim on their annual taxes. Im sure his tax laws would do away with those fat checks that help to stimulate the growth of the economy each tax season
Why is an organization with religious ties amending our constitutional laws and rights that our proud veterans won ??
The tariff alone is a horrible idea
Jan 6th ain’t effective anymore eh?
Dumb lost, get over it has been 3+ years
Exactly…
So what you're saying is...that Charlottesville was ok?
Anybody else notice how this fella didn't denounce David Duke once.... interesting, very interesting.
Well... I think we all know what that means.
@@8XSaintX8his sarcasm flew right over your head
8XSaintX8 If it was the other way around and Biden’s followers did this would you get over it?
Say project 2025 3 times and trump appears to challenge you to a golf game, or Biden wakes up from nap time. One or the other.
The stench naps a lot too. Remember his trial? That when they called him shart and snooze
@@emilyfeagin2673 hahaha. Not at the podium during a debate or a press conference.
@@emilyfeagin2673in all fairness I would be asleep myself if my political enemies had me on trial just to sway the American voters.
@@emilyfeagin2673 in all fairness I would be asleep too if my political enemies had me on trial not for any real crimes but just to sway the American voters.
emilyfeagin2673, Trump’s followers don’t remember the trial.
It means all of us are keeping the wealthy again
Knock it off. Go to a federal sales tax period. Would cut the irs by 75% . If the economy sucks due to congress then they dont get paid. Period
This guy either doesn't know what he is talking about or is lying.
The tax level is 12% on the poor and higher than than 30% for all making over $170,051.00.
Import tariff increases will make the burden on the pore even worse. But lowering the tax burden on the rich will more than pay for those import tariff increases.
This is all bullsht
Dont underestimate gop workers ability to F .... things up. Especially their own position.
Another 7 Trillion Dollars plus added to the US DEFICIT! Great idea!
The big business owners care about them selves not the grunts so get back to work and keep paying those taxes lmao
These people need to take a class on introduction to personal income tax
Not really. Why no mention of the work camps for the homeless? Why no mention of the roll backs of workers rights? Why no mention of banning affirmative action? Its 920 pages of really good stuff in there.
Because none of what you say is true, Ivan
@@boristheamerican2938 work camps for the homeless? who do these monsters think they are making them work? Don’t they know that leftism is installing a direct iv into the vein of every tax payer so they can all feed off , and everyone else thy deem worthy.
It’s funny because this was written by the heritage foundation of DC thing tank that literally has nothing to do with Trump no matter how many times you all pretend it does
@@yotest3697 Have you read it entirely? No? I have.
@@boristheamerican2938 Ivan, you have clearly not read it. Bots don't read.
@@boristheamerican2938 we’ve already had work camps for the homeless during the Great Depression. Look up works program under FDR.
Get rid of income tax
It’s the sending money to everyone BUT Americans is the problem
And in order to tax consumption we have to identify the ones doing the consuming...Big Brother is Laughing 🎪
Wouldn't it just be a tax on a product such as the tax that's already on gasoline? A hidden tax.
It will he hilarious when we have to pay a tax on groceries
The spin in this is over the top ridiculous.
Shut up MSM!
Uncle Billie’s dinner talk tax plans could devastate the economy, up next on news at 9
It would likely be much worse for people in the 15% then the 30%
Like a legacy news outlet has any credibility these days 😡
They are literally discussing this in congress and the house now. You can WATCH the discussion.
we already PAY enough taxes.... not our fault they WASTE all our money!
The Heritage Foundation Project 2025 is NOT the Official Republican Party Platform, which is easily accessed on line.
All this guy said was I don't know?
Why don't you know? You take people income popular of 2023 and do math based on the proposal tax numbers. Then, predict it for this plan.
Who is this Heritage group elected or appointed by? Do they pass laws/regulations?
No and no.
Same for the so-called "Chamber of Commerce".
Follow the news. Trump talks about them all the time and how we have been working together with the people at the top of the heritage foundation…… just until recent otherwise he says he doesn’t know them, but they are working to get up with him and those other people who is going into his administration if he gets elected….. there are so many rallies he has been talking about them how that they are working with him and helping him and how great he thinks they are…… but now he tries to say he doesn’t know them he never heard of them and then he he: I don’tlike all they saying. That is a bit difficult if you never heard of them.
Nah
Just a bunch of self important suits that think they know what’s best for the rest of us
They haven’t a clue
@@bullerfnis1961 I listen to all his rallies (and Biden’s too) and I haven’t heard him mention them, so I do know that isn’t right
Sales tax is consumption tax. The problem is that the US has sales tax, income tax, housing tax, medical tax, etc. What is being proposed is sales tax and no income tax.
I mean a 15% isn’t that bad considering what we get taxed now
You need some educational help!!! You don't understand taxes. Are you rich 🤔???
But you'll pay a consumption tax😂😂😂😂
@@onamiilove777here you are again. (Just pointing out to you how many comments your under, hopefully to convey the desperation of your current state of existence)
@@coragoodwin344go home, Karl.
Except currently, if you're single, you're only paying 12% up to 47k. Yes it'd be a tax cut after that but until 168 where it'll be a tax increase until 192k.
I love how they start off. "Ultra conservative heritage foundation. " do they EVER say "ultra LIBERAL" group for any far left group. Never
Actually they should have called it the neo-fascist ultra conservative Heritage Foundation
Oh please. Ultra conservative is just a euphemism for normal White person.
Then what are they? How would you describe them a?
you probably burn a cross every night before bed.
You're right, they should have said, "China-backed Heritage Foundation."
Because over 95% of the Heritage Foundation's funding is from China.
They're really shilling this hard over the last couple days
Vote blue
No matter who, right. That's the cult motto.
I mean, it's not like you have a choice anyway, you will fall-n-line and do as you're told.
Vote for the democrat party.
The Project 2025 is NOT part of the Republican Party Platform - which is easily accessible online.
140 people from trump's last administration Wrote it. The party platform is something to pull out to say, look what we are for. Please look up the voting record for YOUR Congressman or senator.
@@conniegilchrist6925 I follow Politics fairly closely. I do not Trust the RINO's in the Republican Party, and for sure do not trust any Politicians in the democrat Party. I am a Populist, a Constitutionalist, and Trump Supporter, and believe in the Foundation of our Individual Rights and Freedoms - The Bill of Rights. There are many positions in the Heritage Foundation 2025 Program that I could agree with, however Trump has stated openly that the heritage Program 2025 is NOT his Platform - the RNC Platform is his own Platform. Trump's last Administration was his Last Administration, and now he is much more savvy as to the Persons who will be part of his Administration and its guiding ideals and principles. The voting record of my Congressman and Senator are important to me, however their positions are fairly much in line with my own. And if all Voters followed your advise and communicated openly with their representatives or Senators, then that would be entirely appropriate as Citizenship demands this. One might follow the UN Agenda 2030 and the Un Small Arms Treaty, which are entirely anti-Bill of Rights, but the principles and positions and goals in those Documents are being implemented under the Biden Administration, to the extent that it is able. Lastly, I do recommend doing a Deep Dive of Discovery into The Transition Integrity Project, which was begun a year and a half prior to the 2020 Presidential Election by a "Former Associate of George Soros". Google COL (Ret) Lawrence Wilkerson and the many Associated Articles and Video which might still be on Google and You Tube regarding the Three Groups which comprised the TIP. At one time there were 4 Pages of Articles etc., on that Organization, which was an anti-Trump Organization staffed by Silicon Valley Technicians. a few token RINO's, Democrat Attorneys, Politicians, Governors, and Retired General Officers and other Officers, all with direct and indirect lines to all Agencies of Government and gaming out all possible scenarios and events taking place in Washington DC and involving President Trump during the Transition Period from Election to Inauguration. This also covered the coordination to the response of Government Agencies to the Jan 6 2021 Mall Rally and the subsequent events at the Capital Building - all of which the TIP had some two Months to plan and prepare for.
I'm all for no tax on tips. Great Idea.
Irs should tax it like every other income.. why should tips be exempt?
So many Russian trolls in the comments it's crazy , wake up ppl
taxes go away, please
Never will happen
... SO, history lesson... John McCain actually proposed similar moves to this system... your 'expert' completely ignored how 'high income' people actually [now] pay significantly LESS tax, utilizing a legion of deductions and exemptions, where a clear, non-exempted system COULD result higher income brackets pay MORE
Good summary 3:19
There is only 1 Party that has played the King Role and is trying again, that Party actually does what it blames the other Party. 2 Examples: Abraham Lincoln and John F. Kennedy, and there at it again.
Is it a consumption tax on private planes or a consumption tax on food, housing and health care
I found these on an island off the coast of Downeast Maine.
A tax farm regardless
🐑🐑🐑🐑🐑🐑🐑🐑
Actually , Free Trade already exists . Next .
Do you see the problem with all of the people who just repeat what they’ve heard now ? That is the definition of fakenews . Use your noggin .
Free Trade basically means you have the right to have a yard sale without owing anybody anything . For example , you could have a lemonade stand and charge a dollar per cup without giving 35 cents to anybody . It also means you can fix something for somebody for whatever number y’all wish and , again , there’s no nonsense attached to it . If a job were to cost you 100 bucks , you earn your 100 bucks . You don’t lose 35 percent because some nobodies claim to represent you to such an extent that they try to persuade you to believe it belongs to them .
🤣🤣 That's cute.
It’s not really working like it should when you’ve had years of corporate mergers that created effective monopolies. Price fixing and collusion is overlooked these days.
The project 2025 drafters are all nuts.
It won't happen
wow out of all the messed up stuff in Project 2025 and this is what you report on!😮
The second Trump is inaugurated P2025 automatically kicks in and completely undoes the Constitution, Bill of Rights and even resends the Declaration of Independence. It essentially takes us back to 1775, so Trump could remake the country into anything he wants.....
It’s getting a lot of traction because you keep bringing it up 🥴
Yep. That's the plan. Everyone is afraid of Biden's accelerating cognitive decline. So the counter is a scare tactic that Trump will establish some conservative dictatorship.
The news changed over night from Biden's cognitive decline to a conspiratorial Christian dictatorship called Poject 2025.
@@captainobvious2435had a friend today say she was afraid for her life living near Nashville due to Trump and this agenda. I am just trying to understand how this will happen. We can't make things happen this quickly .. not sure why people are so scared
so republicans want to raise taxes
Taxes = Extortion
Ask John Gotti
Just imagine for a moment if the Dems released such a vague platform 😂 💣 🔥 media head would explode. Just another double standard from media and the low bar for trump😂
The FEAR mongers are in full affect 😳
So in other words, the right hand don't know what the left hand is doing, And vise versa.😂
Not sure if I learned anything from him lol
Media try’s to sit on the fence and talks without saying anything meaningful.
Fear mongering
Putin’s playbook.
Consumption tax ? Wda?!?
They have been pushing this for decades and repackage it to be called something else ... same kind of thing nobody ever votes for ...
Some people want ALL the marbles.
hey could someone dumb this down for me pls
It helps the mega rich
@@JohnTeller-dy9mt The largest transfer of wealth from the middle class to the rich has occurred from 2021-now FACT
@@bennypit4411 source?
It's been happening since 1981, with St Ronny's trickle-down.
TRUMP 2024
If there is a consumption tax and higher tariffs why have a income tax?
Being a lower income myself this actually sounds pretty dang fair Consumption makes much more sense than income. Would be nice of 100% of income went away and it was based on sales and consumption. Would help us lower income a ton if so. 😜
SOunds fair... until you realize that people will spend less to lower their taxes...which will result in a depression.
The rebuttal to that is that lower income people will be spending all their money on necessary items and won't have enough to pay for other things to stimulate economy
They will go broke.
Cal
Sounds awesome to me
Fear mongering...
Commenting for the algorithm
Don't pay attention to these creation ,you already forgot Rusia Rusia.This has been paid by the democrats
Lie.
@debrabaker6021 yes all lies from the Democrat machine that know they are lost and in desperation
The media just got caught in the massive lie and largest political coverup of our life time, lying about Biden's mental state. As soon as they got exposed they immediately switch to another big lie, Project 2025 and try gaslighting over this too.....and some sheep still fall for it, it's unbelievable.
More fear and lie propaganda
From the right apparently 😂😂😂
Fake news
You guys have nothing left to scare people with! Hilarious 😂😂
How a project that Trump doesn’t endorse will impact the tax code?. It won’t.
Bro, his team are the ones writing project 2025. They all just got doxxed. He cannot deny anymore. Literally his former and current aides and several of his cabinet are the authors.
Of course he endorses it! Knock you over w a feather?!
@@jennifercassidy256 Just like Joe Biden being mentally fit for office right? More lies.
Okay, but that’s not Trump’s plan.
Yeah, right. It is just a plan of the Heritage foundation that has half of his staff in and the main sponsor of Republican convention next week, which will nominate Trump. The whole list is available online with their current positions on Trump's campaign.
@@tigerskatemom Just like he would get ride of Crypto Currency and now he is backing it. Keep it up. you will get there.
@@tigerskatemomso guilt by association?
Not 'by association'. He is a pathological liar and is a bad one at that. Not smart at all. He could have said that he knows about Project2025 and doesn't agree with the parts of it. Instead, he lied that he didn't know them at all! (The evidence of them knowing and collaborating is overwhelming). He lies to you all the time, and you choose to be blind.... and don't even start with - but Biden lies ... blah blah blah 🙄
@@tigerskatemom Imagine if the media attributed the BLM manifesto and agenda to Biden....BLM staff and member's spoke at both the 2016, 2020 and will at the 2024 convention...staff and member's of BLM also work within the Biden admin. 🤣🤣
Yep thought so.
I love the idea of no more income tax and having consumption tax. No, I'm not rich, I'm Frugal and love the idea of having a reward savings and punish spending. It would actually help teach people to live within their means
Taxes are so high already it's like who cares what can i do to change it anyway
Q.How do US corporate income tax rates and revenues compare with other countries’?
A.The US corporate income tax rate is now lower than the top rate in all other leading economies except for the United Kingdom. Corporate income tax revenues in the United States as a share of gross domestic product have been lower than the average in other leading economies, even before the 2017 reduction in the US corporate tax rate.
So for all you saying thus wouldnt work what we have know dosent work
Trump