Actually, I’d like to know how Mr. Trump intends to lower taxes. He does understand that tax rates are set by Congress? That the only true economic powers of the Presidency lie in the power of veto and trade authorizations? That the Constitutionally stated job of the Presidency is not, in fact, to create jobs, protect existing jobs, or protect American companies?
I do not know about you, FRiend, but I’ve had about enough of imperial presidencies. Give me back my Republic.
If you listen to Trump on immigration, he repeatedly reminds us that we are a nation of laws and that’s it’s wrong for the president to override immigration law on a whim. I don’t think you have to fear an imperial president with Trump. He is going to be a strong personality though, and a tough negotiator, so he is likely to get his way, but through the appropriate legal channels.
Trump will lower taxes by putting forth the vision and the plan. But Congress will have to pass it. I expect that Trump will tie it to tariffs and use some of the tariff funds to offset the drop in income taxes. Trump will sell it to the American people and to Congress. He’ll use the bully pulpit and call them stupid if he has too.
But that’s true of any tax plan promoted by any candidate. Cruz advocates a flat tax, Huckabee a fair tax. Both have to go through Congress.
The harder question is can Trump really modify our trade agreements? We’ve given up a lot of sovergnty to the World Trade Organization. We’ve signed long term agreements. But if anybody can find the leverage to renegotiate, Donald Trump can. Reagan did. Reagan forced the Japanese to build in America. I fear that the president’s hands may be more tied now than ever. But if anybody can renegotiate, it’s the Donald. None of the other candidates even seem to recognize the problem. How could they hope to fix it?
Obviously a President is expected to act in the interest of America. The government sets the rules of the market. Whether it’s competition, regulations, taxes, international trade, those rules are defined and enforced by the government. Some rules are at the federal level, some are at the state level. But clearly the President has a role to play. That doesn’t have to be explicit.
If you listen to Trump on immigration, he repeatedly reminds us that we are a nation of laws and that’s it’s wrong for the president to override immigration law on a whim. I don’t think you have to fear an imperial president with Trump. He is going to be a strong personality though, and a tough negotiator, so he is likely to get his way, but through the appropriate legal channels.
Trump will lower taxes by putting forth the vision and the plan. But Congress will have to pass it. I expect that Trump will tie it to tariffs and use some of the tariff funds to offset the drop in income taxes. Trump will sell it to the American people and to Congress. He’ll use the bully pulpit and call them stupid if he has too.
But that’s true of any tax plan promoted by any candidate. Cruz advocates a flat tax, Huckabee a fair tax. Both have to go through Congress.
The harder question is can Trump really modify our trade agreements? We’ve given up a lot of sovergnty to the World Trade Organization. We’ve signed long term agreements. But if anybody can find the leverage to renegotiate, Donald Trump can. Reagan did. Reagan forced the Japanese to build in America. I fear that the president’s hands may be more tied now than ever. But if anybody can renegotiate, it’s the Donald. None of the other candidates even seem to recognize the problem. How could they hope to fix it?
Obviously a President is expected to act in the interest of America. The government sets the rules of the market. Whether it’s competition, regulations, taxes, international trade, those rules are defined and enforced by the government. Some rules are at the federal level, some are at the state level. But clearly the President has a role to play. That doesn’t have to be explicit.