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Author
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Topic: Trump's Economic Plan
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Randall
Webmaster Posts: 68244
From: Saturn next to Charmaine
Registered: Apr 2009
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posted August 08, 2016 02:19 PM
  
It will be unveiled today. I will comment once he shares it. Trump is trailing by 7-8 points. He needs to focus on 3 basic messages (that Hillary can't) in order to turn this around:1. Washington is broken.
2. We need to make a change.
3. I'll be your voice. Trump also has to win the debates. He can't just tie her. People have to decide--do they want certainty...or disruption. Sanders wasn't a good Democrat. He was supported, because he was going to break up the status quo. And now, he's joined it. Trump is the only change candidate. IP: Logged |
Randall
Webmaster Posts: 68244
From: Saturn next to Charmaine
Registered: Apr 2009
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posted August 08, 2016 08:55 PM
Here are some highlights that I heard:Reduce corporate tax rate from 35% to 15% (and unincorporated businesses). Corporations move offshore to avoid paying the tax. This has made headlines about how much revenue is lost. This will bring them back and encourage investment in the US. Eliminate death/estate tax. Why should you pay taxes all your life and then pay it again because you want to leave what you built for your children? From 7 brackets to 3 and streamline the process. And more exemptions. Most people don't understand taxes. Simpler is better. Deduct childcare expenses! Self-explanatory. This should have been enacted long ago! Why have Dems dropped the ball on this one? Trade policies: A 10% repatriation tax. Originally, it was 35%. This is more fair. It allows them to still sell in the US, but they will have to pay the extra amount. Go after China on intellectual property theft, which costs us billions in lost revenue. Much lower energy costs, by removing restrictions, which will help the poor and middle class. Renegotiate NAFTA. Hillary supported it. Stop TPP. Hillary will support it.
IP: Logged |
Randall
Webmaster Posts: 68244
From: Saturn next to Charmaine
Registered: Apr 2009
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posted August 08, 2016 09:05 PM
The 3 brackets are: 12%, 25%, and 33%.IP: Logged |
jwhop
Knowflake Posts: 8529
From: Madeira Beach, FL USA
Registered: Apr 2009
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posted August 09, 2016 12:07 PM
Yes, the US is running an $800 billion annual trade deficit with the rest of the world under the Globalist attack on America and American workers backs.That's $800 billion of American wealth going offshore every year to keep workers in other countries employed and our own workers unemployed. Globalists, who are comprised of Multi-National corporations, Wall Street and the US Chamber of Commerce are getting the "gold mine" and America, American taxpayers and American workers are getting the shaft. Hillary The Corrupt is the 100% Wall Street insider Globalist candidate. That's who's funding her campaign. Trump isn't Wall Street. Trump is Main Street. It's no wonder the Wall Street Globalists hate Trump and the ground Trump walks on. Trump has served notice he's going to bring their corrupt little world crashing down around their ears when he renegotiates a level playing field with America's trading partners. IP: Logged |
juniperb
Moderator Posts: 9414
From: Blue Star Kachina
Registered: Apr 2009
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posted August 09, 2016 12:36 PM
I listened to 3 different economists this morning all saying "dubious" at best. I haven`t read an indepth breakdown of his plan yet. (3 were cnn, cbs and nbc) ------------------
Partial truth~the seeds of wisdom~can be found in many places...The seeds of wisdom are contained in all scriptures ever written… especially in art, music, and poetry and, above all, in Nature.
Linda Goodman IP: Logged |
Randall
Webmaster Posts: 68244
From: Saturn next to Charmaine
Registered: Apr 2009
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posted August 09, 2016 01:44 PM
Economists on FOX think it's brilliant. Forbes also praised it. Economics itself is just a bunch of theories that contradict themselves. I received an A in it. It was like getting an A in B to the S. Economists are not the scientists they pretend to be. Economics is dubious at best.IP: Logged |
juniperb
Moderator Posts: 9414
From: Blue Star Kachina
Registered: Apr 2009
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posted August 09, 2016 05:05 PM
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Partial truth~the seeds of wisdom~can be found in many places...The seeds of wisdom are contained in all scriptures ever written… especially in art, music, and poetry and, above all, in Nature.
Linda GoodmanIP: Logged |
Randall
Webmaster Posts: 68244
From: Saturn next to Charmaine
Registered: Apr 2009
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posted August 09, 2016 05:24 PM
My point being that there are economists of the left and on the right who will both say completely different things and back up with economic theory. IP: Logged |
Randall
Webmaster Posts: 68244
From: Saturn next to Charmaine
Registered: Apr 2009
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posted August 10, 2016 12:22 AM
And half of all workers will pay no tax at all. IP: Logged |
Lindaland
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