Thursday, October 20, 2016

Whose tax plan is better?

While much of the three Presidential debates has consisted of name calling, scandals, and media reports, it is important to remember what truly matters about the November election: the actions each candidate would take if they win the office. The Republican nominee and the Democratic nominee have different views on how to encourage economic growth, differences that stem from their party's beliefs. One of the biggest ideological differences between the candidates is how much they believe America's wealthy citizens would be taxed. Trump believes that lowering the tax on the wealthy would lead to economic growth as they are in position to create jobs if given tax breaks, an idea that Clinton believes is "Trumped up trickle-down". Clinton believes that the taxes on wealthy should be raised in order to fund different programs she hopes to implement, such as guaranteeing free community college. The investment in college as well as other programs would help the middle and lower classes to find better paying jobs and stimulate the economy.  While these tax plans can be analyzed and inefficiencies in the policy can be highlighted, it is fair to say that the tax plan you agree with will depend on your political beliefs.

 http://www.bbc.com/news/business-37013670

No comments:

Post a Comment