Seth Meyers Takes a Closer Look at Trump’s Tax Plan Share this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on Google+ (Opens in new window)Click to email this to a friend (Opens in new window)Click to print (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Pinterest (Opens in new window)Like this:Like Loading... Related 4 thoughts on “Seth Meyers Takes a Closer Look at Trump’s Tax Plan” Add yours Does the tax plan cover rock running injuries? LikeLike Reply quitter, …only if you are running on rocks in Alaska, and you are running on rocks because you suffer from PTSD! LikeLike Reply quitter, …and you carry a loaded gun while running. LikeLike This tax plan will encourage more employees to use the self employment/1099 route to pay lower taxes. Trump & Co. never looked at the way this business tax rate can reduce the amount middle class workers pay. All of a sudden workers can claim mileage to work, meals, health insurance, supplies, any part of a residence used for work. They have to pay their own Social Security at a higher rate, but it will be reduced because their taxable earnings will be lower. Once people get wise to 1099 filing, many learn to fudge numbers by picking up receipts from friends, trash, litter, etc., and load up on business expenses. (disclaimer: I have been a part time tax practitioner since 1977.) LikeLike Reply Leave a Reply Cancel reply Enter your comment here... Fill in your details below or click an icon to log in: Email (required) (Address never made public) Name (required) Website You are commenting using your WordPress.com account. ( Log Out / Change ) You are commenting using your Google+ account. ( Log Out / Change ) You are commenting using your Twitter account. ( Log Out / Change ) You are commenting using your Facebook account. ( Log Out / Change ) w Cancel Connecting to %s Notify me of new comments via email. Notify me of new posts via email.