In light of misinformation being published by so-called “conservative” media outlets, many of them linked to Ben Shapiro (who used to support Donald Trump until he received funding from Cruz megadonors), I figured it would be best to set the record straight by posting quotes from Donald Trump over the decades that he’s been in the public eye – and allowing you (the reader) to compare and contrast them.

Here’s how Trump’s views on taxes have changed over the past 30 years:

1987 – Cut Taxes, Force “Allies” to Pay for Own Defense

“For decades, Japan and other nations have been taking advantage of the United States,” the letter declares. “The saga continues unabated as we defend the Persian Gulf, an area of only marginal significance to the United States for its oil supplies, but one upon which Japan and others are almost totally dependent.”

“Why are these nations not paying the United States for the human lives and billions of dollars we are losing to protect their interests?” the ad continues.

“The world is laughing at America’s politicians as we protect ships we don’t own, carrying oil we don’t need, destined for allies who won’t help.”

Trump writes that Americans could “help our farmers, our sick, our homeless by taking from some of the greatest profit machines ever created — machines created and nurtured by us.”

“‘Tax’ these wealthy nations, not America,” suggests the tycoon. “End our huge deficits, reduce our taxes, and let America’s economy grow unencumbered by the cost of defending those who can easily afford to pay us for the defense of their freedom.” [Buzzfeed]

2000 – Cut Income Taxes, Abolish Death Tax & Capital Gains Tax

“We would save $200 billion in interest payments, which would allow us to cut taxes on middle-class working families by $100 billion a year. […] My proposal would also allow us to entirely repeal the 55 percent federal inheritance tax, which hurts farmers, small businessmen, and women most…We have a tax system that punishes the middle class for wanting to join the investment class. First we pay taxes when we earn money. Then we pay again when the money is invested and we make capital gain.” [OnTheIssues.org]

2004 – Bush Tax Cuts are “Excellent”

“I voted for Bush because I think he’s got certain things that are excellent, including a tax policy that’s excellent and going to prove to be excellent,” Mr. Trump said. “But I am not a big fan of the war in Iraq, and I’ve let a lot of people know about it, and perhaps that’s being proven to be correct.” [New York Times]

2010 – Extend the Bush Tax Cuts

“He’s taking away a lot of incentives from a lot of people that produce a lot of taxes,” Trump told Fox News.

Obama’s proposal would boost the top tax rate to 39.6 percent next year from 35 percent currently. Such a move will send some people out of the country in search of lower taxes, Trump says.

“But it’s getting so expensive that if you let this happen, you’ll have people leaving just like they move to other states. You’ll have people and companies leaving to other jurisdictions.”

Asia will be one destination, with many businesses already making their money there, Trump says. Those countries have much lower tax rates. So American business people will just say, “Hey what do I need this for?” Trump said. [Newsmax]

2011 – Cut Income Taxes, Abolish Corporate Tax & Death Tax

My 5-part tax plan involves reforming the income tax. The government confiscates way too much of your paycheck. The tax code is also a very complicated system that forces Americans to waste 6.1 billion hours a year trying to figure it out.

What does that tell you? It tells me that it’s time we restore simplicity & sanity to the income tax. Here’s my income tax plan:

  • Up to $30,000, you pay 1%
  • From $30,000 to $100,000, you pay 5%
  • From $100,000 to $1 million, you pay 10%
  • On $1 million or above, you pay 15%

It’s clear and fair. Best of all, it can be filled out on the back of a postcard and will save Americans big bucks on accountants and massive amounts of time wasted attempting to decipher the tax code.

Our country is hungry for real tax reform. That’s why we should implement the 1-5-10-15 income tax plan. And we need to enact [the rest of] my 5-part tax policy: kill the death tax; lower the tax on capital gains & dividends; eliminate corporate taxes; and a 20% import tax. [OnTheIssues.org]

2015 – Abolish Death Tax, Cut Income and Corporate Taxes

Key Findings:

  • Mr. Trump’s tax plan would substantially lower individual income taxes and the corporate income tax and eliminate a number of complex features in the current tax code.
  • Mr. Trump’s plan would cut taxes by $11.98 trillion over the next decade on a static basis. However, the plan would end up reducing tax revenues by $10.14 trillion over the next decade when accounting for economic growth from increases in the supply of labor and capital.
  • The plan would also result in increased outlays due to higher interest on the debt, creating a ten-year deficit somewhat larger than the estimates above.
  •  According to the Tax Foundation’s Taxes and Growth Model, the plan would significantly reduce marginal tax rates and the cost of capital, which would lead to an 11 percent higher GDP over the long term provided that the tax cut could be appropriately financed.
  • The plan would also lead to a 29 percent larger capital stock, 6.5 percent higher wages, and 5.3 million more full-time equivalent jobs.
  • The plan would cut taxes and lead to higher after-tax incomes for taxpayers at all levels of income.

[Tax Foundation]