Lufkin tax expert weigh in on Trump's tax plan - KTRE.com | Lufkin and Nacogdoches, Texas

Lufkin tax expert weigh in on Trump's tax plan

Source: KTRE Staff Source: KTRE Staff
Source: KTRE Staff Source: KTRE Staff
LUFKIN, TX (KTRE) -

GOP presidential frontrunner Donald Trump unveiled his tax plan Monday. He said he believes it would lower taxes for millions. Trump said he would set a “zero rate” for low-income Americans.

“We will run this country properly. There is so much money to be saved,” Trump said.

According to Trump’s plan, some Americans won’t have to pay federal taxes. That’s only if the individual makes less than $25,000 and for couples that make $50,000 or less.

“As far as living in the Lufkin Texas area, it is not effective due to the fact that a lot of people won’t be included in that,” said Netta Walker, an assistant manager at a Lufkin tax firm.

Walker said there are many middle-class East Texans who are not in that tax bracket and could also use a break on federal taxes.

“Dealing with income all day, we see people who are struggling who would do good with having a tax break, however there is no break for the low income,’ Walker said. “The ones trying to make it out of a hole they’ve gotten into.”

And since tax season is slowly approaching, she offered this advice.  

“Bring in whatever you have for your income,” Walker said. “The worst thing we’re going to say is, ‘No, we can’t use that.’”

Although Trump said he expects economic growth to result from his tax plan. Walker said she believes it’s all for personal gain.  

“I feel like he’s just trying to get votes at this point and time,” Walker said.

“We're reducing taxes but at the same time, if I win, if I become president, we will be able to cut so much money and have a better country,” Trump said.

Copyright 2015 KTRE. All rights reserved.

Powered by Frankly