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Wednesday, November 6, 2024
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Tax Relief, Economic Growth, and Support for American Workers

Trump's 2024 Campaign Promises

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Key elements of his platform focus on tax relief, economic growth, and policies designed to empower the nation's workforce and strengthen U.S. borders. Image source: Facebook. Bgd for illustration purposes
Key elements of his platform focus on tax relief, economic growth, and policies designed to empower the nation’s workforce and strengthen U.S. borders. Image source: Facebook. Bgd for illustration purposes
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Texas Border Business

As Donald Trump embarked on his 2024 presidential campaign, he announced promises to boost economic prosperity and benefit everyday Americans. Key elements of his platform focus on tax relief, economic growth, and policies designed to empower the nation’s workforce and strengthen U.S. borders. Here’s a closer look at some of Trump’s central campaign promises:

1. No Taxes on Tips for Service Workers

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In a move aimed at benefiting millions of service industry workers, Trump has proposed eliminating federal taxes on tips. He argues that hardworking Americans who depend on tips as a substantial portion of their income should not have to surrender a share of their earnings to the government. This measure relieves servers, bartenders, delivery drivers, and other tip-dependent workers, allowing them to keep more of their hard-earned money.

2. Trump Promised to Eliminate Social Security Tax for Seniors

Donald Trump has proposed eliminating federal income taxes on Social Security benefits for seniors, aiming to reduce their tax burden and enhance financial security during retirement. This initiative is part of his broader tax policy agenda to provide relief to retirees.

3. Middle-Class Tax Cuts

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Donald Trump has proposed additional tax cuts for middle-income families, building upon the 2017 Tax Cuts and Jobs Act (TCJA). His plan includes making the individual and estate tax cuts from the TCJA permanent, potentially without reinstating the cap on itemized deductions for state and local taxes. He also suggests lowering the corporate income tax rate from 21 percent to 20 percent or 15 percent, potentially for domestic production only. These measures are intended to reduce the financial burden on middle-income families, increase disposable income, and promote economic growth. Source Tax Foundation

4. Strengthening American Manufacturing

Trump has promised to bolster the U.S. manufacturing sector through tax incentives, tariffs on foreign competitors, and policies designed to “bring jobs back to America.” By prioritizing domestic production, he aims to reduce dependency on foreign goods and create more high-paying jobs for American workers, particularly in traditionally industrial regions.

5. Securing the Southern Border

A central pillar of Trump’s campaign remains his commitment to securing the U.S.-Mexico border. He has pledged to complete the border wall and tighten immigration policies to prevent illegal crossings, arguing that a secure border will lead to safer communities and protect American jobs. Trump’s border policies emphasize preventing drug trafficking, human smuggling, and illegal immigration.

6. Cutting Bureaucratic Red Tape

Trump has consistently emphasized the need to reduce government regulations that hinder economic growth. By slashing red tape and cutting unnecessary regulations, he intends to empower businesses, stimulate investment, and streamline government services to make them more effective and efficient for citizens.

7. Protecting Small Businesses

Recognizing small businesses as the backbone of the American economy, Trump has proposed measures to support entrepreneurs and small business owners. His plans include further reducing corporate tax rates for small businesses, providing incentives for business expansion, and cutting restrictive regulations that often burden smaller enterprises.

8. Health Care Reforms

Trump’s healthcare agenda centers around reducing prescription drug prices and increasing transparency within the healthcare system. His campaign emphasizes negotiating better medication prices and making healthcare costs more transparent to empower consumers to make informed decisions.

9. Energy Independence

Trump has promised to make America energy independent by increasing domestic production of oil, gas, and other energy sources. His plan includes reducing reliance on foreign energy, approving major infrastructure projects, and eliminating regulations he sees as barriers to domestic energy production. By doing so, Trump aims to lower energy costs for American families and businesses.

10. Support for Veterans

Continuing his focus on veterans, Trump has pledged to expand programs that provide veterans health care, housing, and job training. He intends to build upon initiatives such as the VA Accountability Act and the Mission Act, ensuring that those who served the nation receive the care and support they deserve.

11. School Choice Initiatives

Trump’s education plan includes expanding school choices for parents and allowing them to send their children to public, private, charter, or home schools. By increasing educational options, he argues that families will be better able to find programs that fit their children’s unique needs and ensure better academic outcomes.

12. Reducing Crime and Supporting Law Enforcement

Trump has consistently highlighted the importance of law and order. His campaign focuses on reducing crime by increasing support and resources for law enforcement agencies while also cracking down on violent crime and drug-related offenses. He has pledged to end cashless bail systems and ensure repeat offenders are held accountable.

13. Cartels as Terrorist Organizations

During his campaign, Donald Trump has made comments and proposals related to combating Mexican cartels, emphasizing a strong stance on border security and crime prevention. Some key points he has highlighted include:

  1. Labeling Cartels as Terrorist Organizations: Trump has previously proposed designating Mexican drug cartels as Foreign Terrorist Organizations (FTOs). This designation would allow the U.S. government to take broader measures against these groups, such as increased sanctions, asset seizures, and potentially enhanced military and law enforcement operations targeting cartel activity.
  2. Increased Border Security Measures: Trump has consistently linked cartel activities to border security issues. He has pledged to enhance efforts to secure the U.S.-Mexico border through measures like completing the border wall, deploying more law enforcement resources, and using advanced technology to detect and intercept drug trafficking operations.
  3. Collaboration with Mexican Authorities: Trump has called for greater cooperation with the Mexican government to tackle drug trafficking and dismantle cartel networks. He has also expressed a willingness to exert economic and diplomatic pressure on Mexico if it fails to take stronger actions against the cartels.

With a slate of promises designed to deliver financial relief, economic growth, and increased security, Donald Trump’s 2024 campaign aims to deliver a new era of prosperity. Whether through tax relief for service workers and retirees or strengthening U.S. borders and manufacturing. 

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