Trump on taxes, ISIS, health care and being more popular than supermodels

28 Sep 2015 | Author: | No comments yet »

AZ Talk: Can Donald Trump win the White House?.

Donald Trump wants to raise taxes on the “very wealthy” and reduce the number of “unfair deductions” so that the middle class and corporations pay less in federal taxes, he said in an interview with “60 Minutes” that aired Sunday evening. The Republican presidential candidate, who is leading in early polls, plans to release his tax policy proposal at a news conference in New York on Monday morning, but he teased out some details during the interview. Trump also said he would increase taxes on Chinese imports if the country continues to devalue its currency, and would tax products made by companies that moved operations overseas to take advantage of lower rates. The plan will offer a “major tax reduction for almost all citizens” and help stimulate business in the U.S. again, the Republican candidate’s campaign said Sunday. It wasn’t clear in the interview if those planks would be part of his tax plan on Monday, and his campaign didn’t return an e-mail and phone call seeking comment.

The GOP presidential front-runner is also expected to call for the poorest filers to pay no federal taxes at all while also recommending that corporate levies be reduced. He has tapped into the frustration and anger that many voters have with the dysfunction of Washington, the perception of immigrants impacting society, and how Wall Street isn’t paying its fair share. Trump said that he wants to provide “a substantial reduction for the middle-income people” because they are “being absolutely decimated,” and that he wants to reduce corporate income taxes to encourage companies to grow and create jobs. He said he’d cut a deal with hospitals to take care of everyone, and that “the government’s gonna pay for it, but we’re going to save so much money on the other side,” though he also suggested that “for the most part, it’s going to be a private plan.” As for foreign policy, Pelley asked Trump how he’d combat the Islamic State.

And frankly I don’t call it thin skinned, I’m angry.” But the outspoken billionaire, who has delivered his share of insults to journalists and non-journalists alike since announcing his 2016 campaign over the summer, rejected the notion that he “can’t take a punch.” “I could take it if it’s fair,” Trump said after being asked a question about whether his attacks on the trail are fair. “If people say things that are false which happens a lot with me, if people say things that are false I will fight, like, harder than anybody. “If I do something wrong, and that happens, and they write a fair story that I did something wrong, there’s nothing to fight about. Taxing carried interest as normal income would generate about $17 billion over 10 years, according to the Congressional Budget Office, a nonpartisan scorekeeper.

As for the Islamic State’s presence in Iraq, he called for a more aggressive approach, saying “you got to knock them out.” He added that ground troops should be used if necessary. “I’m on a lot of covers,” he said. “I think maybe more than almost any supermodel. And that’s something I haven’t told anybody.” Pelley then pointed out that the federal debt is $19 trillion and asked how the nation could afford those sorts of tax cuts. Not only do I think Republicans will not allow Trump to prevail, but I don’t think there is any possibility of the general electorate choosing someone so unqualified and unsuited. Trump said the numbers will work out, as long as “the economy grows the way it should grow, if I bring jobs back from China, from Japan, from Mexico, from so many countries.” Throughout the interview, Pelley was often urging Trump to explain how he would actually achieve and pay for many of the grand ideas he has proposed. An NBC/Wall Street Journal survey released on Sunday showed the 69-year-old celebrity real estate mogul with a lead of just 1 percentage point over retired neurosurgeon Ben Carson.

Trump, over the course of the long-ranging Sunday night prime-time interview, also touched on a long list of political issues — all without losing his characteristic flair. Trump’s lead has tightened since the second Republican president debate on September 16, when he was the target of criticism from several rivals on stage, and was silent for long stretches as the discussion veered into policy issues. “He never really talks about issues, and can’t have more than a 10-second soundbite on any key issue,” U.S. Senator Marco Rubio, a presidential candidate from Florida, said in a radio interview last week, adding that Trump was “not well informed on the issues.” Republican voters, meanwhile, have said they trust Trump on economic policy.

The businessman has led rounds of national public polls and drawn massive crowds to his campaign rallies, but his support has shown some signs of softening as other outsider candidates gain steam. Trump is still the race’s front-runner with 21% of GOP primary voters saying he is their top pick, but he’s now virtually tied with Ben Carson, with 20% of those surveyed favoring the retired neurosurgeon. Like his two rivals, Trump said his proposal relies on projected growth to offset losses. “We’re going to grow the economy so much,” he said on 60 Minutes.

Trump came in fifth in a straw poll of social conservatives surveyed by the Family Research Council at the conclusion of its Values Voter Summit in Washington. When host Scott Pelley brought up how such a practice could violate the North American Free Trade Agreement in place with Mexico, Trump said, “We will either renegotiate it or we will break it. In 1993, few months before NAFTA went into effect, Sanders, then Vermont’s independent representative, wrote about his opposition to the deal in the Vermont Times. Trump brought a Bible on stage with him during his Friday appearance at the summit and his address was full, but the businessman was booed when he called Mr. When asked about magazine covers featuring the businessman that line the walls of his office at Trump Towers, he quipped: “it’s cheaper than wallpaper.”

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