From PPI's Center for Funding America's Future <[email protected]>
Subject Voters Shouldn’t Be Fooled By Trump’s Unbelievable Tax Agenda
Date November 1, 2024 3:30 PM
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** Voters Shouldn’t Be Fooled By Trump’s Unbelievable Tax Agenda
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By Ben Ritz
PPI's Vice President of Policy Development
For Forbes ([link removed])
Throughout his 2024 presidential campaign, former president Donald Trump has spontaneously proposed roughly a dozen tax cuts that sound perfectly targeted toward constituencies he wants to win over. For hourly workers: no taxes on overtime pay. For Nevada service workers: no taxes on tips. For the Michigan auto industry: tax-deductibility for car loan interest. For people in the Southeast that were recently hit by hurricanes: tax deductions for home electricity generators. For seniors: no taxes on Social Security benefits. For military members, firefighters, police, and veterans: no taxes whatsoever. Some of these proposals are so arbitrary that one might think Trump pulled them from a randomized policy generator ([link removed]) .

Each one of the proposals is so vague or riddled with obvious flaws that it suggests Trump has given very little thought to how any of them would work. The only reasonable conclusion is that these are not serious policy proposals, they are fools’ gold for voters who Trump thinks won’t know any better. The swing voters who will decide the election next week shouldn’t let Trump’s pandering promises distract them from the high costs that giving him a second presidency would impose.
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More on Trump's Tax and Tariff Agenda

It's Not 1789 Anymore: Why Trump's Backwards Tariff Agenda Would Hurt America
By Laura Duffy
[link removed]

Throughout his 2024 campaign, Trump has made imposing a double-digit tariff on all imports and a 60% tariff on goods from China a central pitch to voters, and has even suggested replacing the income tax with tariff revenue. A new PPI report draws striking parallels between Trump’s plan and historical tariff policies going back to 1789. It argues that returning to tariff-heavy strategies would not only make it impossible to fund government spending commitments that have grown since the country’s founding, but would also harm downstream industries and greatly burden American taxpayers and workers.

READ THE FULL REPORT ([link removed])


** The RNC Platform Would Make Inflation Worse
By Ben Ritz
For Forbes ([link removed])

[link removed]
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It's understandable that many Americans may be looking for a change in government after the inflationary pressures of the last few years. But the Republican platform makes it clear: If the American people elect Donald Trump and give his party control of Congress, the agenda they seek to enact would only make the problem worse.
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** Radically Pragmatic Alternatives from PPI
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** There’s A Better Way to Cut Taxes for Workers Than Exempting Tips
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By Ben Ritz
For Forbes ([link removed])

[link removed]

CHECK OUT THE REPORT ([link removed])
READ IN FORBES ([link removed])

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