Trump Promises Economic Revival Against Harris’ Tax Hikes
Submitted by MAGA
Posted 80 days ago
**Trump to Reignite Economic Growth at Historic Venue Amid Harris’ Tax Hikes**
In a bid to revive America’s economy, former President Donald Trump is set to address the Economic Club of New York today, an organization once graced by JFK himself to champion tax cuts and economic growth.
Trump’s upcoming speech comes at a critical time as Vice President Kamala Harris advocates for tax increases that threaten to stifle growth and further burden American taxpayers.
During his address, Trump is expected to lay out his pro-growth economic agenda for a potential second term, emphasizing the need to reduce taxes and regulations to empower middle-class Americans and minority communities.
Economic advisor Larry Kudlow highlighted that Trump’s message will resonate with an audience that remembers how tax cuts under past administrations fueled unprecedented economic success.
Reflecting on the principles set forth by JFK, Trump aims to reiterate that lower taxes lead to greater job creation and increased federal revenue.
Conversely, Harris has proposed raising the capital gains tax from 20% to 28% for higher-income households and increasing the corporate tax rate from 21% back to 28%.
Such moves would place the U.S. among the highest-taxed nations globally, incentivizing businesses to relocate overseas.
Kudlow emphasized that Trump’s vision includes reversing the current trend, focusing on lowering energy costs and boosting domestic production—areas where the Biden administration has faltered.
Current reports show that while U.S. oil production has recently returned to previous levels under Trump's leadership, the restrictive policies of the Biden administration continue to impact prices and availability.
In his speech, Trump will likely draw upon historical successes: evidence from the Kennedy and Reagan eras revealed that tax cuts not only stimulated growth but also increased federal revenue significantly over time.
As Trump prepares to take the stage, he brings a wealth of direct communication experience, contrasting sharply with Harris, who has recently faced criticism for her scripted interviews and evasive responses to pressing questions.
As the debate approaches, the reactions to Trump's straightforwardness versus Harris's controlled messaging will likely play a pivotal role in shaping public perception.
Trump aims to showcase a clear plan to foster economic prosperity—a stark alternative to the tax-and-spend proposals from the current administration.
With fewer than two months before the 2024 election, this speech may serve as a cornerstone in motivating voter support for a pro-growth agenda aimed at reversing the current economic trajectory.
Sources:
nbcnews.com
westernjournal.com
redstate.com
In a bid to revive America’s economy, former President Donald Trump is set to address the Economic Club of New York today, an organization once graced by JFK himself to champion tax cuts and economic growth.
Trump’s upcoming speech comes at a critical time as Vice President Kamala Harris advocates for tax increases that threaten to stifle growth and further burden American taxpayers.
During his address, Trump is expected to lay out his pro-growth economic agenda for a potential second term, emphasizing the need to reduce taxes and regulations to empower middle-class Americans and minority communities.
Economic advisor Larry Kudlow highlighted that Trump’s message will resonate with an audience that remembers how tax cuts under past administrations fueled unprecedented economic success.
Reflecting on the principles set forth by JFK, Trump aims to reiterate that lower taxes lead to greater job creation and increased federal revenue.
Conversely, Harris has proposed raising the capital gains tax from 20% to 28% for higher-income households and increasing the corporate tax rate from 21% back to 28%.
Such moves would place the U.S. among the highest-taxed nations globally, incentivizing businesses to relocate overseas.
Kudlow emphasized that Trump’s vision includes reversing the current trend, focusing on lowering energy costs and boosting domestic production—areas where the Biden administration has faltered.
Current reports show that while U.S. oil production has recently returned to previous levels under Trump's leadership, the restrictive policies of the Biden administration continue to impact prices and availability.
In his speech, Trump will likely draw upon historical successes: evidence from the Kennedy and Reagan eras revealed that tax cuts not only stimulated growth but also increased federal revenue significantly over time.
As Trump prepares to take the stage, he brings a wealth of direct communication experience, contrasting sharply with Harris, who has recently faced criticism for her scripted interviews and evasive responses to pressing questions.
As the debate approaches, the reactions to Trump's straightforwardness versus Harris's controlled messaging will likely play a pivotal role in shaping public perception.
Trump aims to showcase a clear plan to foster economic prosperity—a stark alternative to the tax-and-spend proposals from the current administration.
With fewer than two months before the 2024 election, this speech may serve as a cornerstone in motivating voter support for a pro-growth agenda aimed at reversing the current economic trajectory.
Sources:
nbcnews.com
westernjournal.com
redstate.com
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