Donald Trump's Plan for the Economy
Description
On this episode of Moderate Party, Hillari Lombard tackles the major economic policies presented by former President Donald Trump, analyzing the impact of his tax cuts and tariffs. The discussion dives deep into the implications of Trump's America First agenda, focusing on corporate tax cuts, deregulation, and proposed tariffs, as well as their potential short-term benefits and long-term consequences. With references to expert analyses, the episode addresses who truly benefits from these policies and what they mean for the average American consumer. The first in the 'Moderate Minis' series, the episode aims to provide a clear, nuanced view of Trump's economic vision. Stay tuned for a detailed comparison with Vice President Kamala Harris's economic plan in our upcoming episode.
Chapters:
00:00 Debate Highlights: Trump vs. Harris
01:13 Introducing Moderate Minis
01:35 The Economy: A Voter's Priority
03:41 Trump's Economic Promises
06:34 The Tax Cuts and Jobs Act
10:16 Impact of Corporate Tax Cuts
17:13 Trump's Tariff Plans
26:50 Conclusion and Next Episode Preview
Links used to inform this episode:
- The 2024 Trump Campaign Policy Proposals: Budgetary, Economic and Distributional Effects — Penn Wharton Budget Model
- Tax Policy and Investment in a Global Economy*
- The Efficiency-Equity Tradeoff of the Corporate Income Tax: Evidence from the Tax Cuts and Jobs Act
- MODELING THE DISTRIBUTION OF TAXES ON BUSINESS INCOME | Joint Committee on Taxation