Trump to Release Plan Calling for No Federal Taxes for the Poorest Filers and Higher Taxes on the Wealthy – Wall Street Journal … “Donald Trump is set to release a tax plan Monday that calls for major reductions in levies on middle-income and poor payers, while increasing taxes on the wealthy and reining in companies that pay less in taxes by moving their headquarters overseas. The plan will offer a ‘major tax reduction for almost all citizens’ and help stimulate business in the U.S. again, the Republican candidate’s campaign said Sunday. The GOP presidential front-runner is also expected to call for the poorest filers to pay no federal taxes at all while also recommending that corporate levies be reduced.”
“In an interview that aired on CBS’s ’60 Minutes’ Sunday night, Mr. Trump shrugged off questions as to how he would pay for the tax plan and what kind of Republican presidential candidate would recommend that the wealthy pay more to the government. ‘Some very wealthy are going to be raised. Some people that are getting unfair deductions are going to be raised,’ Mr. Trump told CBS anchor Scott Pelley about his tax plan, according to a transcript. ‘But overall it’s going to be a tremendous incentive to grow the economy and we’re going to take in the same or more money.'”
COMMENT: It will be rather interesting to see how some of his wealthy or higher-income supporters react to his plan. On the other hand, from a numbers’ point of view, he just may gain even more supporters because of his ‘no taxes’ for the poorest filers.
Poll: 72% of GOP Voters Dissatisfied With Boehner, McConnell – NBC News … “On the same day that House Speaker John Boehner announced his resignation, a whopping 72 percent of Republican primary voters said they were dissatisfied with his and Senate Majority Leader Mitch McConnell’s ability to achieve GOP goals, according to a new NBC News/Wall Street Journal poll. That includes 44 percent of GOP primary voters who said they were ‘very’ dissatisfied with Boehner and McConnell, and 36 percent who want them immediately removed from their leadership positions.”
“According to the poll, 28 percent of GOP primary voters said they were ‘somewhat dissatisfied’ with Boehner’s and McConnell’s ability to achieve Republican goals and priorities, while 44 percent said they were ‘very dissatisfied.’ By contrast, 21 percent were ‘somewhat satisfied’ and just 2 percent were ‘very satisfied.'”
Bring Back Newt as Speaker (It’s Legal!) – Newsmax … “Former U.S. Rep. Bob Barr, R-Georgia, says it’s time to think outside the box in the search for the next Speaker of the House and bring back Newt Gingrich. ‘Want a Speaker who knows how to get things done?’ Barr writes in a opinion piece for Townhhall.com. ‘Then elect Newt Gingrich as the next Speaker of the U.S. House of Representatives,’ he concludes after ticking off a series of other important qualities for the next Speaker.”
“Although he’s been out of Congress for 15 years, he’s still eligible for the job, Barr writes. ‘While all 61 occupants of this constitutionally-established post have been members of the House of Representatives, the Constitution does not limit the pool of candidates to this college,’ Barr says. ‘However, Newt Gingrich remains one of the singularly brightest and most competent public figures in the United States today,’ Barr says.”Print This Post Send To A Friend