,i #aae? ,,congress #a/ ,session ,h4 ,r4 #badc ,,9 ,,! ,,h\se ,,( ,,repres5tatives ,april #be1 #bjag,mr4 ,v>gas introduc$ ! foll[+ bill2 :i* 0 ref]r$ to ! ,committee on ,ways & ,means ,a ,,bill ,to impose a net wor? tax ( #ad4be p]c5t on all individuals & tru/s ) a net wor? ( #aj1jjj1jjj or m4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,donald ,j4 ,trump ,weal? ,tax ,act ( #bjag4 #b4 ,f9d+s ,congress f9ds ! foll[+3 7#a7 ,9 #aiii1 !n ,presid5tial c&idate ,donald ,j4 ,trump said ! foll[+ on ,good ,morn+ ,am]ica reg>d+ 8 weal? tax plan1 ,if ,i 7 presid5t1 x w\ld be pass$4 ,i ?9k if somebody else is presid5t1 x probably c't be4 ''' ,?is is a tax paid by #a p]c5t1 b ! #a p]c5t w be v big b5efici>ies ) :at's go+ to happ5 & ! positive =ces t w\ld take place 9 ! economy44 7#b7 ,9 an int]view ) ,sean ,hannity on ,fox ,news 9 #bjae1 !n ,presid5tial c&idate ,trump describ$ 8 #aiii weal? tax plan z a v cons]vative ?+ to d44 7#c7 ,! propos$ tax plan1 accord+ to !n ,presid5tial c&idate ,trump1 0 expect$ to raise #e4g trillion & pay (f ! national debt 9 its entirety at ! "t4 7#d7 ,_m prom95t cons]vatives h argu$ r$uc+ ! national debt is crucial = our economic heal? & prosp]ity1 includ+ ! foll[+3 7,a7 ,accord+ to a #bjaa ,h]itage ,f\ndation ,report1 ,sav+ ! ,am]ican ,dream1 ,our national debt n[ is ne>ly #gj p]c5t ( ,,gdp & on track to hit #ahe p]c5t )9 #be ye>s4 ,l[] debt w remove ! ?reat ( f9ancial crisis & re/ore ! confid5ce ( inve/ors & l5d]s4 ,x w also %>ply r$uce ! debt burd5 on future g5]ations1 relieve ! pressure on int]e/ rates1 & help to secure our prosp]ity44 7,b7 ,republican ,national ,committee ,*airman1 n[ ,:ite ,h\se ,*ief ( ,/aff1 ,re9ce ,priebus 9 8 #bjad ,/atem5t on ! ,national ,debt ,increase /at$1 ,sp5d+ m money ?an we h is immoral2 x hurts future g5]ations :o w be left to pay (f ! bills4 ,tak+ c>e ( ?is g5]ation %\ldn't require robb+ ! next4 ,?is is :y ,republicans h f\ght = fiscal responsibility 9 ,congress44 7,c7 ,z ! ,cato ,in/itute wrote 9 #bjaf1 ,! debt matt]s4 ,n only is x rem>kably unfair to our *ildr5 & gr&*ildr51 x is impos+ co/s today4 ,our economic gr[? is sl[] & our wages l[] ?an !y w\ld be if x 7 small]4 ,o!r political & economic priorities are be+ squeez$ out4 ,int]e/ on ! debt 0 project$ to rea* #bfa billion ?is ye>1 & exce$ #ejj billion by #bjbj ev5 be=e factor+ 9 ! rec5t budget-bu/+ deals44 7,d7 ,9 ,augu/ ( #bjaf1 ,presid5t ( ! ,committee = a ,responsible ,f$]al ,budget1 ,maya ,mac,guineas1 said1 ,! evid5ce is cle>3 ,r$uc+ our project$ long-t]m debt w promote economic gr[?2 increas+ debt w sl[ t gr[?44 7,e7 ,accord+ to ! ,,gop ,plat=m 9 #bjaf1 ,our national debt is a burd5 on our economy & families4 ,! huge increase 9 ! national debt dem&$ by & incurr$ dur+ ! curr5t ,adm9i/ration has plac$ a significant burd5 on future g5]ations4 ,we mu/ impose firm caps on future debt1 accel]ate ! repaym5t ( ! trillions we n[ owe 9 ord] to reaffirm our pr9ciples ( responsible & limit$ gov]nm5t1 & remove ! burd5s we are plac+ on future g5]ations4 ,a /rong economy is "o key to debt r$uction1 b sp5d+ re/ra9t is a necess>y compon5t t mu/ be vigor\sly pursu$44 7#e7 ,s9ce ! beg9n+ ( ! ,global ,w> on ,t]ror1 ! ,ov]seas ,op]ations 9 ,iraq1 ,afghani/an1 & o!r ,w> on ,t]ror-relat$ activities h add$ an e/imat$ #a4g trillion to ! national debt 7accord+ to figures by ! ,congressional ,rese>* ,s]vice & ! ,congressional ,budget ,(fice74 7#f7 ,sev]al academic & m$ia reports project total sp5d+ & future obligations = ! ,ov]seas ,op]ations 9 ,iraq1 ,afghani/an1 & o!r ,w> on ,t]ror-relat$ activities to co/ betwe5 #d trillion & #f trillion 7a rec5t report by ! ,co/ ( ,w> project at ,br[n ,univ]sity e/imates ! co/s ?r\gh #bjec z #d4gib trillion74 7#g7 ,if ! ,donald ,j4 ,trump ,weal? ,tax raises ! #e4g trillion t ,presid5t ,trump expect$ x w\ld 9 #aiii1 x w\ld cov] all curr5t & future obligations incurr$ by ! ,global ,w> on ,t]ror & r$uce ! debt to ,,gdp ratio f #gg p]c5t to #df p]c5t4 7#h7 ,on ,febru>y #bh1 #bjag1 ,presid5t ,trump decl>$ 9 8 spee* be=e ,congress t1 ,democrats & ,republicans %\ld get toge!r & unite = ! good ( our c\ntry & = ! good ( ! ,am]ican p44 7#i7 ,9 ! _s ( bip>tisan%ip1 we introduce ! ,donald ,j4 ,trump ,weal? ,tax to fulfill 8 promise to ! ,am]ican p & sub/antially r$uce our national debt4 #c4 ,donald ,j4 ,trump weal? tax 7a7 ,tax impos$ ,!re is h]eby impos$ a tax equal to #ad4be p]c5t ( s mu* ( ! net wor? ( any individual :o is a citiz5 or resid5t ( ! ,unit$ ,/ates1 or any applicable tru/1 z exce$s #aj1jjj1jjj4 7b7 ,valuation ,= purposes ( ?is section1 net wor? %all be det]m9$ z ( ! date ( ! enactm5t ( ?is ,act "u rules simil> to ! rules = det]m9+ ! taxable e/ate ( a dec$5t "u *apt] #aa ( ! ,int]nal ,rev5ue ,code ( #aihf1 except t 9 ! case ( any m>ri$ individuals1 ! tax impos$ by ?is section %all be det]m9$ jo9tly4 7c7 ,tru/s ,= purposes ( ?is section-- 7#a7 ,applicable tru/ ,! t]m applicable tru/ means any tru/ :i* is n treat$ z a grantor tru/ "u su* ,code & :i* is-- 7,a7 a dome/ic tru/2 or 7,b7 any portion ( a =eign tru/ :i* is allocable1 "u su* rules z ! ,secret>y ( ! ,treasury may prescribe1 to "o or m b5efici>ies :o are citiz5s or resid5ts ( ! ,unit$ ,/ates4 7#b7 ,grantor tru/ ,! net wor? ( any grantor tru/ %all be tak5 into acc\nt by ! grantor 9 det]m9+ ! tax impos$ by ?is section4 7d7 ,exclusion ( pr9cipal resid5ce & its indebt$ness ,! value ( any pr9cipal resid5ce 7)9 ! mean+ section #aba ( su* ,code71 & any acquisition indebt$ness 7z def9$ 9 section #afc7;h77#c77;,b7 ( su* ,code7 ) respect !reto1 %all n be tak5 into acc\nt "u subsection 7a74