Spare_change
Gold Member
- Jun 27, 2011
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(Note: In a probably vain attempt to bring intellect and thought to the election process, I will be posting side-by-side comparisons of the Republican and Democrat positions on critical subjects in the upcoming election. The words posted are directly from the campaigns (though some portions have been removed for brevity.)
REPUBLICANS
1. Tax reform—
3. Trade reform—
https://www.donaldjtrump.com/positions/economic-vision
DEMOCRATS
A 100-days jobs plan: Break through Washington gridlock to make the boldest investment in good-paying jobs since World War II.
REPUBLICANS
1. Tax reform—
- Simplify taxes for everyone and streamline deductions. Biggest tax reform since Reagan.
- Lower taxes for everyone, making raising a family more affordable for working families.
- Reduce dramatically the income tax.
- We will simplify the income tax from 7 brackets to 3 brackets.
- Exclude childcare expenses from taxation.
- Limit taxation of business income to 15% for every business.
- Make our corporate tax globally competitive and the United States the most attractive place to invest in the world.
- End the death tax.
- A temporary pause on new regulations and a review of previous regulations to see which need to be scrapped.
- Require each federal agency to prepare a list of all of the regulations they impose on American business, and rank them from most critical to health and safety to least critical. Least critical regulations will receive priority consideration for repeal.
- Remove bureaucrats who only know how to kill jobs; replace them with experts who know how to create jobs.
- Targeted review for regulations that inhibit hiring. These include:
- The Environmental Protection Agency’s Clean Power Plan, which forces investment in renewable energy at the expense of coal and natural gas, raising electricity rates;
- The EPA’s Waters of the United States rule, which gives the EPA the ability to regulate the smallest streams on private land, limiting land use; and
- The Department of Interior’s moratorium on coal mining permits, which put tens of thousands of coal miners out of work.
- Excessive regulation is costing our country as much as 2 trillion dollars a year, and we will end it.
3. Trade reform—
- Appoint trade negotiators whose goal will be to win for America: narrowing our trade deficit, increasing domestic production, and getting a fair deal for our workers.
- Renegotiate NAFTA.
- Withdraw from the TPP.
- Bring trade relief cases to the world trade organization.
- Label China a currency manipulator.
- Apply tariffs and duties to countries that cheat.
- Direct the Commerce Department to use all legal tools to respond to trade violations.
- Rescind all the job-destroying Obama executive actions including the Climate Action Plan and the Waters of the U.S. rule.
- Save the coal industry and other industries threatened by Hillary Clinton’s extremist agenda.
- Ask Trans Canada to renew its permit application for the Keystone Pipeline.
- Make land in the Outer Continental Shelf available to produce oil and natural gas.
- Cancel the Paris Climate Agreement (limit global warming to 2 degrees Celsius) and stop all payments of U.S. tax dollars to U.N. global warming programs.
- Lift restrictions on American energy to increase:
- Economic output by $700 billion annually over the next 30 years,
- Wages by $30 billion annually over the next 7 years,
- GDP by more than $20 trillion over the next four decades, and
- Tax revenues by an additional $6 trillion over 40 years.
- Obamacare repeal and replacement
- Infrastructure
- Childcare
- Crime
https://www.donaldjtrump.com/positions/economic-vision
DEMOCRATS
- Restore basic fairness to our tax code.
- Close corporate and Wall Street tax loopholes and invest in America.
- Simplify and cut taxes for small businesses so they can hire and grow.
- Provide tax relief to working families from the rising costs they face.
- Pay for ambitious investments in a fiscally responsible way.
A 100-days jobs plan: Break through Washington gridlock to make the boldest investment in good-paying jobs since World War II.
- Make debt free college available to all Americans.
- Rewrite the rules so that more companies share profits with employees—and fewer ship profits and jobs overseas.
- Make certain that corporations, the wealthy, and Wall Street pay their fair share.
- Enact policies that meet the challenges families face in the 21st-century economy.