A Quote by Lara Trump
President Trump's economic plan which centers on tax cuts and deregulation has breathed new life into the American economy, fostering an incredibly business-friendly environment.
Quote Topics
Quote Author
Related Quotes
Well, I think the reality is that as you study - when President Kennedy cut marginal tax rates, when Ronald Reagan cut marginal tax rates, when President Bush imposed those tax cuts, they actually generated economic growth. They expanded the economy. They expand tax revenues.
As president, I would promote a Fair and Flat Tax plan, known as the 'EZ Tax.' My tax plan would be the largest tax cut in American history, reforming individual, business, and worker taxes.
Every tax cut I call for is targeted, it's responsible and it is paid for within my balanced budget plan. My tax cuts will not undermine our economy. They will speed economic growth.
The Right has focused on expanding economic liberty through tax cuts, free trade, and deregulation.
I was an advocate of the deregulation movement and I made - along with a lot of other smart people - a fundamental mistake, which is that deregulation works fine in industries which do not pervade the economy. The financial industry undergirded the entire economy and if it is made riskier by deregulation and collapses in widespread bankruptcies as what happened in 2008, the entire economy freezes because it runs on credit.
Trump himself stands to benefit dramatically from the tax cuts. One of the things they're cutting is the alternative minimum tax. Last time we have tax returns for him was in 2005, where he paid about $31 million because of the alternative minimum tax. He won't have to pay that, if this tax bill goes through. So, not only is he reordering our constitutional democracy, he is personally enriching himself - which is not new, because, of course, he's done it ever since he swore an oath to become president of the United States.
As president, Trump's economic proposals will bend our very economy and tax system to his purposes.
I've got a really long record around progressive politics, especially when it comes to the economy. Voted against the Bush tax cuts. Voted against the Trump tax cuts. Believe in investment into lifting people up, closing the opportunity gaps that exist in our society.
The [Donald] Trump plan would increase the national debt a little over a $1 trillion a year, the Trump plan would reduce taxes at all income levels with, of course, the biggest tax cuts going to the richest taxpayers as they always do.
Ladies and gentlemen, the Reagan tax cuts turned the deepest recession since the Great Depression into the largest 20-year economic boom in American history. The Reagan tax cuts of 1981 and '86. And the same thing can happen here again. Democrats just cannot let it.
What the Trump tax plan is a plan to give tiny little tax cuts to most Americans, raise taxes on perhaps one in five families and shower benefits on people who earn millions of dollars a year. And this fits with a fundamental principle the Republicans have been pursuing for a long time. The rich aren't investing and creating jobs, because they don't have nearly enough money, and so we need to get them money. And the way the Republicans want to get it to them is tax cuts first, and then to take away help for children, the disabled, the elderly and the poor.
Some of the core principles of President Trump are very similar to those of Ronald Reagan. When you look at peace through strength and building up the military, I mean, how many times have you heard President Trump say, "I'm going to build up the military; I'm going to take care of the vets; I'm going to make sure that we don't have a Navy that's decimated, and planes that are nowhere to be found." Peace through strength, deregulation. You think about the economy, the economic boom that was created.
President Trump has doubled the Child Tax Credit and added thousands back into the average Americans' paycheck through tax cuts and wage growth.
Actually, Congress just did pass a tax plan like Donald Trump`s.They passed a tax plan which some Democrats voted for, significant number of Democrats which gave huge tax breaks to wealthy people and corporations.
Trump has a pro-economic-growth tax plan, and we are sensitive to the cost of that plan.
Job creation requires a business friendly environment with a tax structure that is not punitive and a state government designed for efficient use of fewer tax dollars.
Related Authors
Declan Donnelly Quotes
English
Producer
Ekta Kapoor Quotes
Indian
Producer
Gauri Khan Quotes
Indian
Producer
J. Michael Straczynski Quotes
American
Producer
James Wan Quotes
Australian
Producer
Jason Blum Quotes
American
Producer
Jimmy Iovine Quotes
American
Producer
Julie Plec Quotes
American
Producer
Noah Hawley Quotes
American
Producer
Noel Edmonds Quotes
English
Producer
Paul Heyman Quotes
American
Producer
Roger Ross Williams Quotes
American
Producer
Samuel Goldwyn Quotes
American
Producer
Shonda Rhimes Quotes
American
Producer
Travis Knight Quotes
American
Producer
Troy Carter Quotes
American
Producer