As a leftist, if he were to actually do this, it generally seems like a good idea to me. (Although 150K is probably too high)
Disregarding the rest of his policies, are there any leftist arguments why this particular measure would be a bad idea ?
(Please respond politely. This doesn’t mean I like Trump, I still think he’s evil and stupid. But even Hitler himself had at least one good idea : being vegetarian.)
You’d have to make up the lost tax revenue from somewhere. Either by increasing or creating some other tax, or by cutting spending.
The programs that would be likely to be cut are ones that poor people need. And he’s likely to try and throw down a federal sales tax, which loads a higher tax burden on poor people.
Without those details, “eliminating federal income tax for people making under $X” cannot be qualified as good or bad. You must define the other parts of the equation.
As a leftist, if he were to actually do this, it generally seems like a good idea to me. (Although 150K is probably too high)
Disregarding the rest of his policies, are there any leftist arguments why this particular measure would be a bad idea ?
(Please respond politely. This doesn’t mean I like Trump, I still think he’s evil and stupid. But even Hitler himself had at least one good idea : being vegetarian.)
Setting aside the fact that he’s lying –
You’d have to make up the lost tax revenue from somewhere. Either by increasing or creating some other tax, or by cutting spending.
The programs that would be likely to be cut are ones that poor people need. And he’s likely to try and throw down a federal sales tax, which loads a higher tax burden on poor people.
Without those details, “eliminating federal income tax for people making under $X” cannot be qualified as good or bad. You must define the other parts of the equation.