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[quote=norte]Analysis: " Trump proposals would add $5.3 trillion to debt"
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Wrong! The Trump economic tax proposal would increase revenue and reduce budget deficits.
Reduction of corporate taxes would allow employers to add employment and expand the business operations. When they earn more, they pay more taxes. When business earn more, they expand their businesses and hire more people. That means when more people work, more people pay taxes. This will also reduce unemployed people who receive welfare benefits to support them. That is additional savings. The Obama administration left 95 million unemployed. This will be drastically reduced, and these people will become earners and taxpayers with the Trump plan.
Reduction of income tax would allow people to have more money to use for consumption and buy more goods. When more people buy, businesses expands, earn more money and pay more taxes.
President Trump will curtail US businesses to outsource their business to other countries. That means that when local businesses stay in the US, more employment is created. When more people work, more people pay the Income Tax, Social Security Tax, and Medicare Tax. Therefore more revenue is generated into the US Treasury as a result of this.
Reduction of violent criminal illegal aliens will release the government from feeding and supporting these illegal criminals a heavy burden for the taxpayers. In addition, there is a reduction of illegal Muslims inflow to the country where the taxpayers are burdened paying for their food, housing, medical care, and education for their kids. That case is also true to other illegal aliens like Mexicans that pose so much burden to the American taxpayers. Every year, taxpayers pay more than $113 billion, plus the fraud that illegals create every year which costs taxpayers more than $15 billion annually.
Lesser illegals flowing into our country, means lesser fraud, crimes are committed. That saves a lot of money. Every year, illegal aliens steal SS numbers of the American citizens, and file fraudulent reports to IRS which cost IRS about $4.1 billion annually.
The walls will be paid by taxing illegal aliens from the income they earn annually.