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Tax Plans

Decreased Revenue

  • Trillions of dollars less in revenue means the government will have to slash spending or run up massive deficits.

Deficit Increases

  • The Federal debt is believed to increase over the time Trump will be president

More people who don't pay taxes

  • helps more families but damages the economy as a whole

Infinite demand

  • As much as 60% will now pay zero taxes, which will increase “infinite demand” for government services explosively.(which is bad)
  • We need to reduce the percentage of "zero-payers" not raise it as Trump will do

Summary: As long as voters pay zero taxes, they will continue to favor politicians who offer more programs in their favor every November at election time. With these ta plans debt will increase and the country will not grow as much as it sought ought to by Trump

He would reduce the number of tax brackets to four and the highest marginal tax rate to 25% (as of 2015, it stands at 39.6%).

  • The first $25,000 anyone earns is completely exempt from federal income tax.
  • His tax plan would lower business(corporate) taxes down to 15% after being at a high 35%

Trump's tax plan would raise GDP about 11% from today

  • Businesses would have more money to invest in productivity.

Increase of Jobs

  • About 5.3 million new employees expected
  • Businesses would have more money for more workers
  • People with have a greater incentive to work b/c of the lower personal income tax rates.

Summary:Tens of thousands of new ventures will spring up. Jobs will be created. Productivity will increase. Families will breathe easier. Bills will be less burdensome. Life will be more rewarding.

CONCLUSION

Economy

  • Trump has been repeatedly accused of being untrustworthy, by investors and buyers as well as others including:
  • allegations of fraud
  • lack of trust
  • concern about corruption
  • He doesn't have experience building a team designed for purposes other than promoting his own narrow agenda
  • Meanwhile, a president has to compromise, and cannot expect to just do whatever they want.
  • Trump seems impulsive and more interested in self-promotion than necessarily accomplishing significant goals
  • such as promoting his personal brands.
  • making him more money in order to further self-promote.
  • Trump has been through bankruptcy and admitted to manipulating bankruptcy laws to enrich himself at the expense of society and other people.

Pros

Cons

  • Trump's business experience involves negotiations with business leaders and even governments around the world, and he likely has connections behind the scenes that surpass those of simply purely political candidates.
  • Might have additional avenues to pursue trade agreements, and perhaps some awareness of particular financial weaknesses of possible global competitors
  • not to mention experience
  • insight into the partnerships and/or antagonism between different industries and particular governments
  • Trump supports free enterprise and favors less regulation of the market.

Trump plan hopes to bring

back approximately

$2.5 trillion in cash that

American companies

have parked in foreign

countries.

For the non-wealthy people the tax plans help them dramatically, therefore putting more stress on the wealthier citizens. There will been more money for businesses, therefore creating more jobs. Although, deficit increases so the United States debt will rise.Trump is not trustworthy to many politicians and the government, because of his past many believe his presidency wouldn't go to well. What others don't realize is his persistence to get along with other countries may dramatically help us. The federal government wont make any money for his education plans and also he will focus on making our country's kids one of the smartest in the world. There is a lot of questions to be answered by Trump's plans as a president, time will tell where he will potentially lead us.

Education Plan

  • No federal government profit from student loans.
  • Let schools compete: charters, vouchers, and magnets.
  • Cut Department of Education and Common Core.
  • We spend more per student than any other nation.
  • Cut the Department of Education way, way down.
  • Founded Trump University to teach the art of deal-making.
  • Opposes Common Core.

Donald Trump's thoughts about education policy are mostly a black box. We know he doesn't like the Common Core State Standards. And he thinks American students produce lousy test scores. But the real estate developer hasn't weighed in with a comprehensive plan for public schools, or talked in much detail about education, since becoming a contender for the Republican presidential nomination.

So when education policy mavens and advocates contemplate a Donald Trump administration and its impact on K-12, what do they see? In many cases, they're confused or uncertain about what a Trump-led U.S. Department of Education would do, or not do, if it even survives. But in some cases they have clear concerns, or other thoughts about how he might significantly alter what's been happening with federal education policy.

Donald Trump Economic Plans

THANK YOU!

By: Mark Mansour, Jonathan Espinosa, David Ferreira

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