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Dick Morris: Trump Tax Plan Like GOP's But Can Attract Bernie Voters

By    |   Monday, 08 Aug 2016 10:58 PM

The tax plan proposed by Donald Trump on Monday isn't significantly different than that of the Republican Party but still has some incentives to draw in Bernie Sanders voters, political consultant and author Dick Morris tells Newsmax TV.

The tax deduction for child care and the repeal of the carried interest deduction should appeal to people who feel disenfranchised after Vermont Sen. Bernie Sanders lost the Democratic presidential nomination to Hillary Clinton, Morris said Monday on "The Steve Malzberg Show."

"Carried interest is such a rip off," he said. "It means that if you run a hedge fund you don't have to pay regular income taxes on your income. You can pay it like it was an investment income even though you didn't make the investment, everybody else did, and you run the fund and you're a salaried employee but unlike other salaried employees you do not have to pay the full income tax rate."

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Senators, including Clinton and fellow Democrat Chuck Schumer, have always protected the deduction because they represent New York, where Wall Street is located, he said.

Trump's speech Monday before the Detroit Economic Club was a departure from his previous tax plan, but Morris said Trump has always been "a free market, low tax guy."

Morris praised Trump's move to a Teleprompter, saying he "got his act together" and didn't adlib.

"He braved the attempts to heckle him and bait him. When the media dumped on aspects of his plan that you would expect they were going to do, he didn't get into a fistfight with any of them," he said. "I think he's learning."

Following a weekend report that Clinton has had trouble walking up stairs, Morris suggested Clinton should have a health checkup to assure voters she is in good physical condition to serve as president.

"It's a legitimate question to ask of someone of my age and Hillary's age. We're one month apart," he said. "I don't fall getting on to airplanes, but if I did I sure would want to know why."

Morris is a former adviser to Bill and Hillary Clinton, and said he expects the mainstream media to give her a pass in the closing weeks of the campaign as they always have.

"When I worked for the Clintons it was always clear to me that for three years and six months The New York Times would savage us," he said. "They would go after Whitewater and every possible scandal and dig and dig and dig. And then for six months out of every four years it was hands off. They would give us wonderful coverage, glowing coverage and never anything negative because it was election time."

Morris is the author of the book "Armageddon: How Trump Can Beat Hillary" with Eileen McGann, which remains the No. 1 nonfiction book in the United States, based on Amazon.com ratings, and has debuted at No. 4 on the Aug. 7 New York Times nonfiction list.

 

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The tax plan proposed by Donald Trump on Monday isn't significantly different than that of the Republican Party but still has some incentives to draw in Bernie Sanders voters, political consultant and author Dick Morris tells Newsmax TV.
dick morris, donald trump, tax, plan, attract, bernie sanders, voters
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2016-58-08
Monday, 08 Aug 2016 10:58 PM
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