Fox's Bolling Gives Donald Trump's Tax Plan An “A-Plus”

Bolling: “I Adore This Plan, I Love It A Lot”

From the September 28 edition of Fox News' The Five:

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ERIC BOLLING: So last night on 60 Minutes, [Trump] said he previewed a little bit, he gave us a nibble of what he was going to release, and I really didn't like what he said last night, he was talking about some trade restrictions on goods coming in from other countries. But then he unrolled this today, and I give it an A-plus. I mean, I really wanted to not love this tax plan, because I was worried I was going to be able to figure out where some of the money was coming from, but it's fantastic. A top tax rate for individuals of 25 percent. That's down from 39.6 percent now, and that was going up higher without it. He eliminates the estate tax, I think that's a huge one. And for me, and a lot for American businesses, the capital gains tax of 20 percent, down from almost 24 percent. Most importantly, on the corporate side, he bring top corporate tax rate, every corporation, whether you're small or large, down to 15 percent. Now, Top rates are 35 percent, we're geting our butt kicked by every other country in the world who says we'll give you a 15 percent tax rate, and these companies go over there, they bring their jobs, and they leave their money there.

He also has a repatriation idea which i've had for seven years, I talked about it for seven years. I hav ethe plan. Here, I put this out seven years ago, and I think it's phenomenal. It will bring $2.5 trillion back to America, not in the -- it's a one-time, he talks about it as being almost like it's ongoing. It's a one-time repatriation of a lot of money which will bring a lot of money and jobs and economic activity back. I adore this plan, I love it a lot. 

Previously:

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