A one-time 14.25% tax on people with $10 million to balance the national debt

  • Posted by a hidden member.
    Log in to view his profile

    Apr 26, 2011 11:11 PM GMT
    some guy said in 1999"I would tax people of wealth -- of great wealth, people over $10 million, by 14.25 percent. This tax would raise approximately $5.7 trillion, which happens to be our national debt. We would now save $200 billion a year in interest costs, which would go toward lowering taxes for everybody and particularly the working middle class, particularly; getting rid of the estate tax and saving Social Security. The economy would boom. We'd have no debt. Hey, I know about debt probably as much as anybody. I've had too much, and I've had too little. And you know what? Too little is much better, believe me."


    Of course the 14.25% will need to be higher now, since the debt is >13 trillion. Or we can make it a 3-year tax.

    But it would drive away the rich, right?

    same guy in 1999"Well, I just think that the booming economy that we create by my plan would keep the money here because it's incentive. They're going to want to be where the action is. They're going to be -- want -- want to be where the good economy is. And they move their money around, hey, including me. You move your money around where the action is, and now it's a real world economy. But this country would be booming. We'd have no debt. It would be unbelievable."


    Guess who said such ultraleft-wing things...and now says:During last year’s debate over the tax cuts, the potential 2012 presidential candidate was outspoken in his opposition to President Barack Obama’s effort to deny an extension.

    “He’s taking away a lot of incentives from a lot of people that produce a lot of taxes,” [Mr. X] told Fox News, explaining that Obama’s proposal would drive the wealthy out of the country. “It creates the wrong image. You really have to keep the taxes down.”


    http://www.huffingtonpost.com/2011/04/26/trump-tax-cuts_n_854104.html
  • Posted by a hidden member.
    Log in to view his profile

    Apr 26, 2011 11:22 PM GMT
    John McCain EARNED the title of "King of the Flip-Flops" during the 2008 campaign.
    It looks like the Repubs may have a challenger for that title!
  • Posted by a hidden member.
    Log in to view his profile

    Apr 26, 2011 11:40 PM GMT
    southbeach1500 saidTrump is no Conservative... He contributed to the Schumer and Weiner campaigns.

    Enough said!



    He's leading all the polls of Repub 2012 contenders!
    Trump 2012!
  • CuriousJockAZ

    Posts: 19129

    Apr 27, 2011 12:02 AM GMT
    Anybody who puts that much weight into these polls at this state in the game is just being silly. We have a long way to go to November 2012 and a whole lot can, and probably will, happen to change the whole landscape of the Presidential campaign.
  • Posted by a hidden member.
    Log in to view his profile

    Apr 27, 2011 12:07 AM GMT
    southbeach1500 saidTrump is no Conservative... He contributed to the Schumer and Weiner campaigns.

    Enough said!


    He did so for business interests. He's not a liberal or a conservative. He's an opportunistic capitalist seeking ratings for his television show.

    Trump also hasn't voted since 1989.
  • Posted by a hidden member.
    Log in to view his profile

    Apr 27, 2011 6:06 AM GMT
    Christian73 said
    southbeach1500 saidTrump is no Conservative... He contributed to the Schumer and Weiner campaigns.

    Enough said!


    He did so for business interests. He's not a liberal or a conservative. He's an opportunistic capitalist seeking ratings for his television show.

    Trump also hasn't voted since 1989.


    I can't fathom voting for a man who has an untamed badger nesting on top of his head... icon_razz.gif
  • Posted by a hidden member.
    Log in to view his profile

    Apr 27, 2011 6:19 AM GMT
    Christian73 said
    southbeach1500 saidTrump is no Conservative... He contributed to the Schumer and Weiner campaigns.

    Enough said!


    He did so for business interests. He's not a liberal or a conservative. He's an opportunistic capitalist seeking ratings for his television show.

    Trump also hasn't voted since 1989.


    You left a little something out

    http://www.cbsnews.com/stories/2011/04/23/politics/main20056743.shtml
  • Posted by a hidden member.
    Log in to view his profile

    Apr 27, 2011 6:30 AM GMT
    alphatrigger said
    I can't fathom voting for a man who has an untamed badger nesting on top of his head... icon_razz.gif


    But if a man had a tamed badger on his head, hello Mr. President!
  • Posted by a hidden member.
    Log in to view his profile

    Apr 27, 2011 11:26 AM GMT
    Whether you agree with his proposal or not, this whole exercise just shows that Trump is such an unstructured and inconsistent thinker who should never be elected to any office that can make major policy changes. He should stick with his flashy showmanship on TV.
  • Posted by a hidden member.
    Log in to view his profile

    Apr 27, 2011 11:39 AM GMT
    If TV was an internet medium, this would be Trumps online calling card:

    bump-stir-shit.jpg


    But you gotta admire the way he's gotten free advertisement for his businessicon_wink.gif...
  • Posted by a hidden member.
    Log in to view his profile

    Apr 27, 2011 12:04 PM GMT
    q1w2e3 saidWhether you agree with his proposal or not, this whole exercise just shows that Trump is such an unstructured and inconsistent thinker who should never be elected to any office that can make major policy changes. He should stick with his flashy showmanship on TV.


    BINGO!
  • Posted by a hidden member.
    Log in to view his profile

    Apr 27, 2011 1:15 PM GMT
    q1w2e3 saidWhether you agree with his proposal or not, this whole exercise just shows that Trump is such an unstructured and inconsistent thinker who should never be elected to any office that can make major policy changes. He should stick with his flashy showmanship on TV.


    It's not surprising that so many of his enterprises have filed for bankruptcy, is it?
  • CuriousJockAZ

    Posts: 19129

    Apr 27, 2011 2:16 PM GMT
    What do you bet that at the end of "The Celebrity Apprentice", Donald will call a press conference and announce that he will NOT be running for President. I do suspect, however, that Donald Trump will remain out there being a major force in the campaign if for no other reason than to be speaking out and raising questions and holding those who are running -- both Democrats and Republicans -- feet to the fire on major issues like how we handle OPEC and China, and a host of other issues. Not being a candidate will give him the freedom to speak his mind and raise questions and get Americans thinking. As long as the press continues to cover Trump, and I suspect they will, Donald trump will remain an influential factor -- good or bad -- in the coming election.