• Levin Gives Trump’s Tax Plan A Thumbs-Up: It’s Very Specific, ‘A Hell Of A Plan’

    Conservative radio host Mark Levin believes Donald Trump’s tax plan is very pro-growth and says that it’s one that even Ronald Reagan could have proposed.

    “This is a hell of a plan,” Levin said Monday night about Trump’s tax proposal.

    “Trump cuts the business tax rate from 35 percent and, in some cases, 39.6 percent depending on the business type, to 15 percent,” he said. “Could you imagine the amount of economic growth that would occur in this country?”

    “From seven tax brackets to four. And the top rate is 25 percent. The top rate now is 39.6 percent, but for some people it actually winds up being 43 percent thanks to the deal the Republicans made with Obama a few years ago,” Levin explained. “So, the Republican establishment types – the Bushies, the Rep. Paul Ryan (R-WI) guys – they really have no complaint here, because while they voted to increase the top level to 39.6 percent, and in some cases 43 percent, 25 percent would be the top rate under the Trump plan – and I would remind you I think it was 27 percent under Reagan.”

    Levin said he prefers both the flat and fair taxes, but thinks Trump’s plan is good overall.

    “Let me tell you the strong things in this,” he continued. “And he’s very specific for those who want specifics.”

    “He cuts capital gains taxes from 24 percent to 20 percent,” Levin continued. “No death tax, so anybody who spends their life acquiring assets, having already paid taxes on them many times, to local, state, and the feds, you don’t have to liquidate after your death – your family doesn’t – in order to pass on the family farm, or homes…”

    “No marriage penalty,” he went on.

    Levin also explained how Trump’s plan incentivizes business who are parked overseas to return to the U.S.

    “We’re the only major developed, industrial nation that does that to our own businesses,” he charged. If a company repatriates its funds, according to Trump’s plan, it would receive a one-time tax of 10 percent.

    Alicia Powe

    Staff Writer

    Alicia Powe is a staff writer for Daily Surge. She worked in the War Room of the Rudy Giuliani Presidential Committee and served as a White House Intern during the George W. Bush administration. Alicia has written for numerous outlets, including Human Events, Media Research Center and Townhall.com.

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