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BuzzFeed: Trump's History on Taxes Inconsistent

Image: BuzzFeed: Trump's History on Taxes Inconsistent
Donald Trump (Photo by ROB KERR/AFP/Getty Images)

By    |   Monday, 09 May 2016 06:17 PM

Donald Trump's history on the issue of taxes has been inconsistent over the years, including his comments Monday when he reversed course on his earlier remarks about taxing the rich.

A BuzzFeed article takes a closer look at the real estate mogul's views on taxes, and includes a snippet of a 1991 interview he did with Joan Rivers regarding his thoughts on President Ronald Reagan's 1986 tax cuts — which he called "a disaster."

"What caused the savings and loan crisis, other than incompetence and various other things, was the 1986 tax law change," Trump told Rivers. "It was a disaster. It took all of the incentives away from investors … and it was a disaster."

A brief summary of Trump's public comments on taxes, via BuzzFeed:
  • 1991: Trump tells Congress taxes on the wealthy should be "substantially" higher than 25 percent.
  • 1999: Trump says he would fund a universal healthcare plan by raising corporate taxes.
  • 1999: Trump advocates for higher taxes on the rich in order to lower taxes on the middle class.
  • 2005: Trump says he voted for President [George W.] Bush because of his "excellent" tax agenda.
  • 2008: Trump pledges support for Sen. John McCain for president because of his promise to lower taxes.
  • 2008-2015: Trump calls for President Barack Obama to keep the tax rates where they are.
  • 2015: Trump releases his tax plan during his presidential campaign, which creates four tax brackets for individuals. Top-earning Americans fall into the 25 percent bracket for ordinary income.
  • Sunday, May 8, 2016: Trump says tax rates on the rich will increase under his plan
  • Monday, May 9, 2016: Trump says the tax rate on wealthy Americans would simply receive a smaller tax cut that he originally proposed.
Trump is the presumptive Republican presidential nominee, as all of the other candidates in the race have suspended their campaigns.

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Donald Trump's history on the issue of taxes has been inconsistent over the years, including his comments Monday when he reversed course on his earlier remarks about taxing the rich.
trump, tax, history, buzzfeed, taxes
308
2016-17-09
Monday, 09 May 2016 06:17 PM
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