Trump Would Double Down on Tax Cuts in Second Term

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President Trump and Republicans got much of the tax code they wanted in 2017. In a second term, he would face expiration dates on those and push for more tax cuts.

WASHINGTON—In a presidency full of unexpected twists, tax policy under President Trump happened by the book: Republicans got elected and Republicans cut taxes. What happens if they win again? Probably more tax cuts.

Tax cuts remain a core, unifying aspect of GOP ideology. Full Republican control of government—though unlikely—would yield attempts to forgive this year’s deferred payroll taxes, lock in tax cuts set to expire in coming years and create new breaks. Details are scant as the Trump campaign has released mostly bullet...

 

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Insanity is doing more of the same and expecting different results.

US$ 375,00 for the next two years.

salut

Kudlow does not know crap. Tax cuts lead to deficits, which reduces SAVINGS which reduces EXPORTS. Time to bring back the old GOP of Ike. Top tax rates over 70% & the 1950's rocked. Savings-Investment=Exports-Imports. Stop screwing the working class.

when trump got his tax credits passed on year 1, it was a win-fall for him.

$750 taxes for all?

I can’t take these tax policies seriously when the President putting them forward has been nominated for the Nobel Prize in Tax Evasion.

More tax cuts for the extremely wealthy, yay what we all need

So lets get this straight- more tax cuts, less revenue, yet higher costs and ballooning deficit - what happened to Republicans caring about this stuff?

WE WILL NOT FORGET!

We cannot use all of the loopholes you rich dudes can!

Especially for you rich dudes. We saw NO tax cut but paid MORE in taxes. We are way below the 400,00 limit Biden is proposing. The refusal to allow a write off for state and property taxes, charitable contributions, etc. really hurt.

proof that republicans want to run the government but not fund the government. they are only conservative when they are in the minority. no one has heard from the tea party in 4 years.

Biden should promise consumption voucher in response to the tax cuts.

Basically admitting that the first 'tax cuts' were mostly a fraud.

Y’all argue all you want....All I know...is that my small corporation paid more in taxes under Obama than it does under Trump. Prepared by the same CPA...my 1040’s and corporate filings tell the truth.

The personal benefit is now so clear and alarming.

No second term

It makes U.S encounters a chaos

This is what I’M talking about this is what the country needs to keep an upward momentum on the economy not tax increases. The administration knows this everyone needs to get their heads out of Biden’s rhetoric Trump is no Nazi.

That’s making a bold assumption that he will get a house and senate friendly to him, should he win a 2nd term. It’s a very real possibility we could have a Dem Congress with a Rep President.

I feel like this headline should indicate who benefits from these tax cuts.

Is he gonna turn into an arborist and plant trees to grow all the money he intends to spend?

Has he closed the loopholes he and the other 0.1% use to cheat us taxpayers? No.

Who cares fake news.

National debt would be $40 Trillion in 4 years if Trump re-elected.

I hope he cuts them out completely...MAGA what is good for him is good for us.

So he'll pay what then, 225 bucks?

How bout he starts by paying taxes

How about a flat tax.

What are the overall benefits to the american public, not the “economy,” on further tax cuts to the rich?

Dumb. Cut loopholes.

There won’t be a second term. Him and his cronies are fucked.

Says the impoverished president who is $421 million in the hole😂😂😂

The looting will continue

Lol...2nd term...i want what you are smoking ..strong stuff

trump liar

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