Introduce the Trump Tax Plan to Congress 4 Tax Brackets Place a large pot on the stove and heat it up Fair Taxation for All Business Income Cook: The IRS (Internal Revenue Service) 1. Establish a new tax code: Loopholes Used by Rich Roll up the current tax plan into one big ball and Corporations place it in a pot with water to boil. Once boiling, take Money (Taxes Collected) out the old tax plan and chop it up into just 4 parts.
2. Take the first part of the new tax plan and sprinkle plenty of sugar on it because this is going to take away taxes for nearly 50% of all current tax filers. Then place this into the large pot.
3. Add 1 cup of taxes which will be taken from low to
mid income families, just 10%. Next add 2 cups of taxes taken from the middle income families who will be paying 20% in income taxes. Finally add 2.5 cups of taxes; these should be collected from the higher income households.
4. Add just 1.5 pints of business tax revenue. Reducing
the rate to 15% allows both small businesses and large corporations to prosper equally.
5. Stir the stew while making sure it doesn't boil over in
Congress.
6. Serve piping hot to the hard working tax payers!
For Best Results and a Successful Reform:
Get rid of corporate loopholes that cater to special interests Charge a fee to businesses to move their money back to the U.S., but only 10%! Get rid of deferral of taxes on corporate income earned in foreign countries For an added kick: Get rid of the death tax!