Trump’s tax increase in the millionaires is on the table, but experts say it will not be rich in ultra

• Donald Trump has once again made a tax increase in many million people per year as part of GOP tax talks. However, the proposal that was deep against the principles of the republic, would make the abduction revenues, and the experts of tax policies say. This will not make a lot of money for the budget deficit.

Republicans in Congress, try to negotiate with a financial policy bill, the UN-Republic concept returned to the table again: increases the tax rate on the highest earnings.

President Donald Trump, this week, this week, the house speaker Mike Johnson has made a new tax bracket for people with more than $ 2.5 million New York Times reported and Fortune confirmed.

Trump also considers financial experts to expire from a space that allows financial professionals to pay lower tax rates than ordinary employees, such as private capital managers Time reported. Strange populist proposals often apply to the Maga database, which stresses the responsibility for the party’s working classes.

Past Trump Strategist Steve Bannon, who are cutting cutting medicaidHe also spoke in favor of the removal of taxes on the highest gains. “The existing system we have prepared is not continuous,” said Bannon, last month Associated Press. “I think the alternative is a budget cut. And … there is a tax increase in the rich.”

However, the types of modest tax growth, the wealth, which reached astronomical levels, said there are policy specialists, which are ultra rich.

“This is mainly symbolic – this is not intention to buy an important income effect, and of course, it does not intend to influence inequality,” he said.

According to the TPC, 39.6% of the temporary tax cut and 39.6% of the act of 39.6% of the business act will cost $ 8.2 billion in $ 8.2 billion this year, and $ 80,000 will be exposed to $ 80,000. “It’s not just a lot of people,” he said.

In more points, millionaires and billionaires in the United States, the salary of salaries. “The higher you are in the distribution of income, it is so little and less common and more capital gains,” he said. It is subject to a lower tax rate that earns income from investments such as earnings, shares, bonds, mutual funds, real estate and approval.

Capital earnings, tax base pain

Great technological millionaires and billionaires with Maga and Trump are sometimes confronted, and in the dizzying speed, and the dizzying fast-growing companies were there.

“Increasing the highest income tax rate will have very little effect on most of these billionaires Sarah Anderson, Program Director at the Institute of Policy Fortune recently. “It’s because they receive very little compensation from their companies.” Amazon The founder Jeff Bezos received $ 81,000 salary annually; Mark Zuckerberg gets a salary of $ 1 Metaand Elon Musk never accepted his salary Tesla He paid him before completely eliminating the securities of the society.

“Our tax code really bends to the interests of people like this megabillionaires,” Anderson said.

“Most of their resources are in stock and can avoid taxes as a whole, holding these assets,” he said. “If they sell some of them … These income pays taxes, but when you gain a steep discounted capital.”

According to an IPS report, Bezos saved $ 6.2 billion in federal taxes since 2017, thanks to the payment of lower capital earnings in the warehouse sold in the ratio of ordinary income.

“I did not hear anything open to equal (tax) ratio between capital gains and ordinary income or capital income taxes and nothing about the income tax or billionaire’s income tax or billionaire’s income tax.”

Traditional Republicans on finance have announced their opposition to any tax growth. That group has Trump Themes and Larry Kudlow and Gop Sensu. Dave Maccormick West Virginia and Ted Ted Cruz

Şen., Mike Crapo from Idaho, said he was not on board with hiking taxes, but he could be open to agree.

“I do not get excited about the offer, but I must say that there are a number of people in both the house and the Senate,” said Crapo this week Podcaster Hughitt Huvitt told Huvitt this week. “If the President weighs in favor of this, it will be a great factor we should consider.”

To close a hole of $ 4.5 trillion

Trump, became a toy with a millionaire tax version within a few months of a millionaire. He recently said Time “Loves a millionaire”, but one supported one Losing him an election.

The presence of one-adocative republican party “No new tax” collateral Since the 1980s, a foundation stone of his personality is even noteworthy taking into account taxes. The GOP wants to spend $ 4.5 trillion from the 2017 tax discounts and business act and perhaps social security revenues and taxes, two priorities, taxes and taxes.

A high-income tax is “a common part”, definitely do not make up for the difficulties of the Republicans’ spending, “Garrett Watson, Garrett Watson in the Tax Fund Garrett Watson Luck. (There is a tax fund lawyer To reduce tax rates when expanding the tax base by eliminating extracts and carpers.)

“He is still in accordance with the principles of the republic,” he said.

GLeckman of the Tax Policy Center agrees.

“It is not going to change the income a lot and will give the Republicans heartburn.”

This story was first displayed Fortune.com

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