That’s exactly what I was trying to accomplish…
In Trump’s current plan, he represents the 15-to-30% on the lowest of the low. Even a 2% jump on a say, $15k salary is huge. If we lower the burden on the lowest income earners — at least 40% of the nation earns about $35k/year — they will, undoubtedly have more disposable income to support their families, especially since the current (proposed) plan Does Not take into consideration wage deductions on State & Local taxes, except to eliminate the deduction, is cruel and heartless.
Even the mortgage interest deduction has already been cut in half if $ amount more than $15,000, so capping something that’s already been reduced in a credit only hurts poor middle-class wage earners, and discourages new home ownership.
Sadly, everyone in Washington complaints their taxes are too high, yet, they’re able to allocate anywhere between $15-to-$50k towards “next” years’ income taxes, while the rest of us struggle to pay higher taxes to support them.
“We The People” carry Uncle Sam on our backs!
In the immortal words of Leona Helmsley, “The Rich Don’t (pay) income taxes, only Poor People pay taxes.”