I was just reading about the two candidates tax proposal and wondered how one would affect my livelihood. Although my salary may be considered high, my student debt along with my spouses is really high up there. And while I'm not excited to vote for either candidate, I still need to decide on which one has a better tax plan for someone like me. Mind you I do look at other aspects but what affects my pocketbook is important.Please post specifics, otherwise this could be considered trolling.
It definetely would. She wants to raise maximums on social security income that is taxed. Which will hurt all doctors and double the hurt to self employed doctors. She also wants to take away certain deductions that may hurt higher income earners. She proposes a new a tax of incomes about 5 million and a minimum tax rate of 30% on thoese making over a million a year which probably won't hurt most doctors. Trump's proposals would definetely help us with his lowering of the tax brackets. However, even if that idiot is able to get elected, I don't imagine he would be successful at changing the tax code as he he can't remember what he promised today what he promised to do yesterday.Has anyone looked at either of the presidentials tax proposal ? It appears to me that Clinton's tax proposal would hurt those who are making a physician's salary and large student loan debts. Thoughts ?