Billionaire businessman Donald Trump has a plan to pay off the national debt, grant a middle class a tax cut, and keep Social Security afloat tax rich people like himself.
Trump, a prospective candidate for the Reform Party presidential nomination, is proposing a onetime net worth tax on individuals and trusts worth 10 million or more.
By Trumps calculations, his proposed 14.25 percent levy on such net worth would raise 5.7 trillion and wipe out the debt in one full swoop.
No telling what happened between that Donald and the one who is clearly experiencing too much space travel (I mean, where else would you keep his ego?).
This is net worth, meaning they have it as assets, etc… So, let’s do this. shoot.