6. Economy
We’re almost done with Trump’s promises for 2024, but we have a couple of interesting aspects to talk about. Donald Trump has pledged to prolong the benefits of his 2017 Tax Cuts and Jobs Act (TCJA), especially the individual income tax reductions. Moreover, the former president mentioned that he wants to lower the corporation tax rate from the current 21% to 15%.
At the Black Conservative Federation’s Honors Gala in South Carolina in February, the politician stated that he’d make the Trump tax cuts the largest tax cuts in history. He also plans to make this change permanent and bring another economic boom to the country.
Along with reversing Biden’s tax increases, the former real estate mogul also promised to immediately take care of inflation and put an end to Biden’s “war” on US energy production.
What do you think about Trump’s promises for 2024? Do you think that he will keep up with these in case he’s elected? Do you believe he’ll be a good ruler of the country? This is such an interesting topic, and we’d love to hear your thoughts. If you want to share your opinion with us, leave a comment below!
Did you enjoy this article about Trump’s promises for 2024? If you want to check out something else from Light on Politics, here’s a good post for you: 12 Things to Know About 2024 Presidential Primaries
One Response
Replace the political corrupt IRS with Federal consumption tax