Taxes. We all love them, right? Now with a new president, you better bet that our tax plan is going to change. But with all of the controversial issues tossed around in this election season, you might need a bit of a refresher on Trump's Flat Tax Plan. Here are the main points, and what this means for you.

1. Reduce taxes

Trump wants to reduce taxes for everyone, but especially the working and middle-class Americans, who cannot afford their taxes in the first place.

2. No insane tax rates, even for the rich

In Trump's tax plan, everyone is a fair player. The wealthy will pay what they must, but no one's going to be paying exorbitant taxes. His goal here is to keep the spirit of entrepreneurialism and free-market economy in tact. He wants to preserve competition and jobs.

3. America-first

To do this, Trump plans to eliminate "special interest loopholes" and keep the business tax rate down to encourage competition and keep jobs on the home field.

4. Make it easier on families

Trump plans to allow families to deduct the average cost of childcare from their taxes, which would include stay-at-home parents.

For a breakdown on the specifics of Trump's tax plan, including the tax bracket plan, deductions, and business tax, be sure to check out his policies on his website.

PayPath
Follow Us on

Larry David, FTX Superbowl Commercia

FTX via YouTube

The tech industry's having a tough time. Only months ago, those who were bragging about their hot tech jobs and (seemingly) hyper-performing Crypto portfolios are probably screaming, crying, gnashing their teeth, and throwing up. And they may or may not be unemployed.

Keep reading Show less

Every time payday rolls around, I’m on top of the world. Jeff Bezos-level rich - even though I’m anything but. And then somehow the very next day, rent is due.

Keep reading Show less
Photo by Nubelson Fernandes via Unsplash

I’ve been feeling very British lately. Not in a Union-Jack-obsessed, “Keep Calm and Carry-On” way. I went through that phase in 2012 with everyone else… no thank you. And it’s not even a surge of patriotism catalyzed by the Queen dying — I’m firmly team Diana and team Meghan.

Keep reading Show less