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Decreased Revenue
Deficit Increases
More people who don't pay taxes
Infinite demand
Summary: As long as voters pay zero taxes, they will continue to favor politicians who offer more programs in their favor every November at election time. With these ta plans debt will increase and the country will not grow as much as it sought ought to by Trump
He would reduce the number of tax brackets to four and the highest marginal tax rate to 25% (as of 2015, it stands at 39.6%).
Trump's tax plan would raise GDP about 11% from today
Increase of Jobs
Summary:Tens of thousands of new ventures will spring up. Jobs will be created. Productivity will increase. Families will breathe easier. Bills will be less burdensome. Life will be more rewarding.
Trump plan hopes to bring
back approximately
$2.5 trillion in cash that
American companies
have parked in foreign
countries.
For the non-wealthy people the tax plans help them dramatically, therefore putting more stress on the wealthier citizens. There will been more money for businesses, therefore creating more jobs. Although, deficit increases so the United States debt will rise.Trump is not trustworthy to many politicians and the government, because of his past many believe his presidency wouldn't go to well. What others don't realize is his persistence to get along with other countries may dramatically help us. The federal government wont make any money for his education plans and also he will focus on making our country's kids one of the smartest in the world. There is a lot of questions to be answered by Trump's plans as a president, time will tell where he will potentially lead us.
Donald Trump's thoughts about education policy are mostly a black box. We know he doesn't like the Common Core State Standards. And he thinks American students produce lousy test scores. But the real estate developer hasn't weighed in with a comprehensive plan for public schools, or talked in much detail about education, since becoming a contender for the Republican presidential nomination.
So when education policy mavens and advocates contemplate a Donald Trump administration and its impact on K-12, what do they see? In many cases, they're confused or uncertain about what a Trump-led U.S. Department of Education would do, or not do, if it even survives. But in some cases they have clear concerns, or other thoughts about how he might significantly alter what's been happening with federal education policy.