Donald Trump’s the man with the economic plan.
The Republican candidate for president took time on the campaign trail this week to spell out exactly what his prosperity goals were for the nation.
For those who’ve been suffering under the sluggish Obama Administration economy, the billionaire businessman’s main theme, once again, was America first.
From the New York Post:
“I’m not running to be the president of the world,” Trump said, at the Economic Club of New York. “I’m running to be president of the United States.”
Among his specific policy goals – aligned with the motivation “to start thinking big once again,” as he put it – were reductions in regulations, reforms in taxes and the creation of beneficial trade deals that would bring about a near-four percent growth in the economy.
“Over the next 10 years,” he said, “our economic team estimates that under our plan, the economy will average 3.5 percent growth and create a total of 25 million new jobs.”
Trump also vowed to reduce the corporate tax rate – currently, the highest in the world, around 40 percent – to 15 percent, fostering job growth and expanded opportunities.
“I will eliminate all needless and job-killing regulations now of the books,” he also promised.
By comparison, Democratic presidential hopeful Hillary Clinton has pushed an economic plan that vows “fair growth,” in part by raising the minimum wage to $15 an hour and increasing benefits for workers.
She’s also a proponent of targeted tax reform that benefits certain classes at the expense of others – predictably, by cutting for the middle-income earners and hiking expenses for big business.
Source: New York Post