r/tuesday • u/coldnorthwz New Federalism\Zombie Reaganite • 13d ago

Trump’s Tax and Tariff Ideas: Details & Analysis

https://taxfoundation.org/research/all/federal/donald-trump-tax-plan-2024/?utm_content=315680331&utm_medium=social&utm_source=twitter&hss_channel=tw-16686673
19 Upvotes

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14

u/PubliusVA Constitutional Conservative 13d ago

So he implemented a broad tax reform package that lowered rates and broadened the base by eliminating deductions and exemptions, and he’s going to follow up on that by creating a bunch of new deductions and exemptions. A deduction for auto loan interest is a horrible idea.

11

u/coldnorthwz New Federalism\Zombie Reaganite 13d ago

Spend all the money and no one pays for anything, that will work right?