Trump's money plan for America raises eyebrows as experts question math
Former president wants to reshape US finances with bold tax-cuts and trade moves. Economic specialists point to possible issues with rising national debt and implementation hurdles
Donald Trump is pushing a money-first agenda that looks like his old playbook but with extra sugar on-top (especially for well-off Americans)
The ex-presidents plan focuses on keeping his previous tax-cuts going past 2025: its all about making corporate rates stay at 21% instead of going back to 35%. For regular folks the math looks different — low-income families might get around $490 while top earners could see $11420 in their pockets
Here are the main parts of his money blueprint:
- Tax-free tips and overtime pay
- Dropping capital gains tax to 15%
- Making all import fees 10% higher
- Putting 60% fees on China goods
- Getting rid of business rules
- Being more crypto-friendly
We gave you the biggest tax cuts in history and weʼll do it again – but even bigger this time
The trade part of his plan might hit shoppers wallets hard — experts say it could cost each family about $1800 extra per-year because of higher prices. Plus theres a big question about the nations credit card: his ideas could add $7‚5 trillion to US debt in just 10 years
Healthcare costs might jump too since Trump wants to remove Obama-care and switch to private insurance. His crypto u-turn is interesting — after calling it a “scam“ back then he now wants to be known as the crypto-president
Wall Street seems mixed about all this: while business folks like the tax-cuts they worry about trade-wars with China and how all this spending adds up
