support for a flat tax is that it represents a significant reversal from his previously stated opposition to a flat tax.” [Institute On Taxation And Economic Policy, 6/22/15] Trump On Tax Reform: “We Can Leave The Tax Code The Way It Is And Simplify It, Or You Could Go To A Form Of A Flat Tax. You Could Go To A Fair Tax.” TRUMP: “And I have hedge fund guys that are making a lot of money that aren’t paying anything, okay. And I don’t know how his pledge relates to that. But I know a lot of bad people in this country that are making a hell of a lot of money and not paying taxes. And the tax law is totally screwed up. The complexity of it, the size of it. I mean I spent millions of dollars every year on lawyers and accountants just to do a tax return. And I want to put H&R Block out of business. I want to make it very simple. And we can leave the tax code the way it is and simplify it, or you could go to a form of a flat tax. You could go to a fair tax. There’s a lot of things you could do.” [TIME, 8/20/15] Wall Street Journal’s Washington Wire: “In A Recent Fox News Interview Mr. Trump Said He Favored A Flat Tax But Then Immediately Said Such A System Would Be Unfair Because The Rich Would Be Taxed At The Same Rate As The Poor.” [Wall Street Journal, Washington Wire blog, 9/4/15] BUSH TAX CUTS 1999: TRUMP SAID HE DIDN’T THINK BUSH’S PROPOSED TAX CUTS WERE BIG ENOUGH Trump On Bush’s Tax Plan: “I Don't Think It's Aggressive Enough… I Think We Need A Bigger Tax Cut Than This Plan.” ROBERTS: “The other big issue that's happened this week is George W. Bush has put out his tax plan. What do you think of it?” TRUMP: “I don't think it's aggressive enough. I don't think it's going to be a plan that's going to keep the economy going anywhere near even what it is. I think we need a bigger tax cut than this plan. I think this plan is very timid. I was surprised. I thought--I thought that his plan was very timid.”[This Week, ABC, 12/5/99] 2011: TRUMP SUPPORTED THE EXTENSION OF THE BUSH TAX CUTS FOR THE WEALTHY Trump Supported The Bush Tax Cuts And Criticized President Obama More Not Wanting To Extend The Cuts. “More recently, in 2011, [Trump] criticized Obama more not wanting to extend the Bush tax cuts, including for those earning over $250,000.” [CNN Money, 7/28/15] NET WORTH TAX 1999: TRUMP PROPOSED A ONE-TIME NET WORTH TAX OF 14.25% ON THOSE WORTH OVER $10 MILLION Confidential Page 173
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