To the editor: We should not confuse high income/style of living with high reported “taxable” income. People who have very high/comfortable living styles often report meager levels of “taxable income.”
To me, it’s little wonder Trump seems so reluctant to release those returns of his.
( “Trump revises his tax, growth plans,” Business, Sept. 16)
Current audit, or minimized reported taxable income that would shock even his most ardent followers?
Greg Gabriel, Aliso Viejo
To the editor: About the only growth I could see in his plan was that of the federal deficit, which, in turn, will further balloon the national debt.
Further, combined with his trade policies, it will fuel inflation, increase interest rates, explode unemployment and shrink the economy.
It’s based on a lot of outmoded economic theory that long ago was discredited.
Michael Solomon, Canoga Park