Another Huge Lie from Trump about his Tax Plan: More Gifts to the Super Rich

Trump (8)

Why is the NFL getting massive tax breaks while at the same time disrespecting our Anthem, Flag and Country? Change tax law!”

The former is what Trump tweeted on October 17th of this year. But this is what he actually did. Shock! He lied again.

Trump’s destructive tax bill continues to allow tax free bonds to build stadiums. Trump may hate the players because most of them are black, but he loves the rich, white owners.

How about this one. During the campaign Trump promised to eliminate the “carried interest deduction loophole, which benefits the private-equity managers, venture capitalists and hedge fund managers.” This loophole allows money managers to treat their profits as ‘capital gains’ instead of ‘regular income.’ This reduces their tax rate from 39.6 percent to 23.8 percent.

“The rich will pay their fair share, but no one will pay so much that it destroys jobs, or undermines our ability as a nation to compete,” Mr. Trump said in Detroit in August 2016. “As part of this reform, we will eliminate the carried interest deduction and other special interest loopholes that have been so good for Wall Street investors, and for people like me, but unfair to American workers.”

Has Trump ever told the truth? Will everyone now admit that he does not care about the lives of the working class? He is the world’s ‘hugest’ liar and hypocrite.

Finally, let’s all face the facts; we, the majority, are at war with the entire Republican Party. They will lie, cheat, and steal to serve their masters and guarantee donations for their reelection campaigns. Democrats are not perfect, but they would never have attempted to repeal healthcare for millions of Americans; they would have taken measures to improve what already existed. They would never have created a “tax reform” bill which would give more money to the wealthy and take from the middle class. There would not have been provisions in the bill which would remove healthcare for 13 million Americans.

What Democrats would do is devise a plan to end poverty in America. Our nation is home to 585 billionaires, and 10.7 million, millionaires; mostly Republican donors. We also have more than 49 million men, women, and children struggling to survive below the poverty line.

Trump is not my president; I am not a white supremacist, an Islamophobe, a homophobe, or a sexual predator. I am white, but I am not close to being wealthy.

Please re-post; thank you.

Op-ed by James Turnage

Image courtesy of DonkeyHotey

My five novels are available on the free Amazon Kindle app; CLICK HERE

 

Leave a comment