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Presidential Candidate Platforms (view source)
Revision as of 14:55, 13 January 2016
, 14:55, 13 January 2016→Ben Carson
**death tax: only 0.2% of Americans are paying the estate tax currently, mainly affects a few small businesses and farmers[http://www.bloomberg.com/politics/articles/2015-04-13/why-republicans-want-a-bigger-u-s-estate-tax-repeal-than-ever]
**There already is currently a $5.43 million exemption, so repealing the estate tax would mostly help the rich
**Republican proposal to repeal estate tax would be easier on farmers that have much of their assets tied to their landwithout . Without the tax, there is more incentive to transfer property at death rather than during life due to the reduced tax costs
**flat tax rate plan: likely would lead to at least $1 trillion hole[http://www.politifact.com/truth-o-meter/statements/2015/nov/04/ben-carson/does-ben-carsons-tithe-based-tax-plan-lead-1-trill/]
**AMT: eliminating it would largely benefit the wealthy, who end up having to pay the higher tax rate when their income is above a certain threshold[https://en.wikipedia.org/wiki/Alternative_minimum_tax]
