U.S. President Donald Trump formally launched his 2020 re-election campaign on June 18. At a rally in Orlando, Florida, Trump made clear he would run as an outsider, just as he did in 2016.
He revisited campaign themes from four years ago, decrying illegal immigration, the news media and his 2016 Democratic opponent, Hillary Clinton. Trump on June 19 awarded the Presidential Medal of Freedom, the country's highest civilian honor, to economist Arthur Laffer. Laffer is known for the"Laffer Curve," a theory that he used to argue that cutting tax rates could actually increase government revenue by spurring economic growth.
Laffer helped develop the package of tax cuts passed by a Republican-controlled Congress in 2017 that came into effect in 2018. Among other changes, the headline rate of tax on company profit was reduced to 21% from 35%. At least 60 Fortune 500 companies legally paid no federal income taxes in 2018 on a collective $79 billion in pre-tax profit, the Institute on Taxation and Economic Policy said in a report released on April 11. The businesses included Amazon.com, Delta Air Lines and Chevron.
Reuters richardbeales1 Trumps handling of the border, is CRUEL AND UNSUAL. !
Reuters richardbeales1 Trumps handling of the border, has only created another CRISIS, a HUMANITARIAN CRISIS, that bring out the UGLY AMERICAN scenario, that buts more suffering on people that are suffering already, CRUEL AND USUAL PUNISHMENT, is not the AMERICAN WAY!
Reuters richardbeales1 Should be thankful for this that he has been a plutocrat before being elected instead of after.
Reuters richardbeales1 ....as are a socialist and a plethora of law enforcement/open borders Dem candidates.
richardbeales1 This article contains too much misinformation to correct here. Suffice it to say tax cuts-corporate/individual CAN lead to greater economic growth. Go back and study the Reagan years.
DylanHunt2017 richardbeales1 Any company, country, and persons benefiting from trumps corruption should have to answer to America! Justice will come. America will not forget .
Reuters richardbeales1 You’re disgusting, in addition to be lying fake news. No credibility.
Reuters richardbeales1 The media give him more of a voice.Enough of this pc babble.
Reuters richardbeales1 So we should vote for politicians who use their power to gain wealth rather than a politician who gained power from their wealth. Got it. Thanks for the extremely biased reporting.
Reuters richardbeales1 Trump voters likely do not know what “plutocrat” means
Reuters richardbeales1 I think it is concluded by strong circumstantial evidence he deals with quasi-legal fraternal Oligarchs, he is an OIigarch, not an establishment managerial Plutocrat like Waltons, Bezos, or Howard Schultz. Remember US banks do not want him on any corporate management they loan to
richardbeales1 More like a kleptocrat, a criminal, a con-artist, and probably the most mendacious person in America today.
Reuters sucha tweet is a good reason...
Reuters richardbeales1 Hey Trump voters...my stocks are doing great. This will eventually be paid by you...thanks!
Reuters richardbeales1 :-B
richardbeales1 A plutocrat's power derives from his wealth. Trump's power derives from being elected. Slight oversight. The dictionary is your friend.
richardbeales1 As long as US corporations put their profits ahead of national interest, like kow towing to China, they should have to pay some kind of wrong priority penalty tax. They knowingly agree to share tech for the chance of greater profits, then china turns around & says the firms agree
ReutersBiz richardbeales1 Clearly you are not a fan. Now become a journalist!
ReutersBiz richardbeales1 Pluto isn’t even a planet anymore... get with the times!
ReutersBiz richardbeales1 Somewhere a village is missing you...
Reuters richardbeales1 So companies are paying less taxes and paying their workers more money and that's a bad thing. MSM still trying to steer the narrative. Report the news I don't care what u think
richardbeales1 Sounds to me like those tax cuts for the 1% need to be clawed back and ended. Then it's more than obvious that corporate taxes must be increased significantly.
richardbeales1 My taxes went up while my income went down. This solidly middle class family had their taxes increased by Trump's tax 'cut' for the middle class.
ReutersUS richardbeales1 2 likes after 2 hours. That shows you how out of touch Reuters is with the American people
ReutersUS richardbeales1 Trump put the Pluto in Plutocrat.