ADVERTISEMENT
4) Cut Down on Taxes (4 of 5)
4) Cut Down on Taxes (4 of 5)
ADVERTISEMENT
Trump’s proposed tax reforms claim that taxes will be cut on everyone, but it is going to have a negative impact on the federal deficit, which would increase by $10 trillion in the next 10 years, with economic growth. This will make protecting Social Security even harder, which is why tax experts have given Trump’s tax plan a rating of D.
Trump’s campaign has announced that they will soon release another tax plan, which is going to be better than the last one.