Tags: tax cut | gdp | trump

Cut Taxes for the Little Guy, Mr. President

Cut Taxes for the Little Guy, Mr. President
U.S. President Donald Trump speaks during a rally at the Aaron Bessant Amphitheater on May 8, 2019, in Panama City Beach, Florida. (Scott Olson/Getty Images)

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Friday, 10 May 2019 12:34 PM Current | Bio | Archive

The timing is perfect. I wrote a column just a few weeks ago recommending a Trump version of “the Green New Deal.” Except Trump’s “Green New Deal” would not be about green energy or global warming. Trump’s “Green New Deal” needs to be about “the green” that most Americans actually care about — money.

Americans are over-taxed and can’t keep up with the heavy federal tax burden. In short, Mr. President, “the taxes are too damn high." The little guy needs and deserves the same break you gave to American business. Now is the perfect time to make the announcement.

Gallup, one of America’s most respected pollsters, announced this week that not only is Trump’s approval rating at an all-time high, his poll numbers are higher than Obama at the same time in his presidency.

Mr. President, you are the most popular you’ve ever been. In Vegas casino terms, you have a bankroll of goodwill. It’s time to strike while the iron is hot.

The Trump economy is booming. This “Trump Miracle” not only keeps going, it’s accelerating. GDP is flying. Jobs flying. Wages flying. Mr. President, you accomplished all of this by dramatically cutting corporate taxes. That made corporate America boom. We got bonuses, wage hikes, increased spending and millions of new jobs. All of that led to increased consumer spending and 3% GDP. Brilliant. BRAVO.

But the perception is — whether true, or not — that you left the little guy out of the party. The American people want a tax cut too. If you’re popular because the average taxpayer kept an extra $200 per month in their pocket, think how wildly popular you’d be if they kept $1,000 per month in their pocket!

It’s time to announce a “Trump Green New Deal” that will dramatically cut tax rates across the board for individuals. Drop the top rate from 38% to 28% — matching Reagan. As long as their income is under $650,000. Cut the middle-class rates even more dramatically.

And then the Trump economy will match Reagan too. Instead of 3% GDP, we’ll hit 7.3% GDP — as Reagan did in 1984. That’s with interest rates at 13% in 1984.

If you make “The Trump Green New Deal” a central theme of your re-election campaign, you'll win an electoral landslide and win the popular vote convincingly too. Don’t listen to the “experts.” They are always wrong.

If it worked like a charm for the economy when you cut taxes for big business, it will work twice as well when you give the little guy a break. Reagan proved it. You can keep this “Trump Miracle” going for another decade with individual tax cuts.

And ignore the naysayers who claim we don’t have the money. Democrat presidential candidates claim there are trillions sitting around for free college, free Medicare for all, climate change, and reparations. According to Democrats, there’s plenty of money available to give away “free stuff.” But no money to allow the heroes of America — small business owners, entrepreneurs and working men and women- who pay into the system, to keep more of their own money? I call B.S.

Go ahead, Mr. President. Be bold. Announce the “Trump Green New Deal.” Instead of killing cows, you’ll be putting a steak in every pot.

And you’ll be guaranteed a landslide re-election!

Wayne Allyn Root is the host of "The Wayne Allyn Root Show" on questsin TV, nightly at 8 p.m. ET, found on DirecTV channel 349, Dish TV channel 216, or at He is also a nationally syndicated radio host. Wayne Allyn Root is a former libertarian vice presidential nominee. He is the best-selling author of "The Power of Relentless." Read more reports from Wayne Allyn Root — Click Here Now.

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Americans are over-taxed and can’t keep up with the heavy federal tax burden.
tax cut, gdp, trump
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2019-34-10
Friday, 10 May 2019 12:34 PM
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