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From www.greatagain.gov, What's REALLY Going to be Econ Policy
President Elect Trump Web Site ^ | Nov. 7, 2016 | President Elect Trump

Posted on 11/11/2016 2:58:13 AM PST by expat_panama

Here's what we got planned ("gleaned" from https://www.greatagain.gov ):

 

 Tax Reform/Economic Vision

Anyone who fills out a tax form knows how harmful the U.S. tax code is today – punishing hard work, savings, and investment.  American frustration with the tax code has prompted two decades of Washington, D.C. blue ribbon commissions and detailed plans to reform the code.  These efforts have not changed the tremendous burden Americans face in complying with the U.S. tax code.  If a tax code were designed to punish hard work, thrift, and investment, the current U.S. tax code could serve as a blueprint.

Republican efforts to reform the code since 2008 have been blocked in one way or another by a hostile White House and Democrat congressional leadership.  They believe Americans should pay more in taxes, not less.  While there is bipartisan recognition on an urgent need to reform the tax code now, there also is a growing consensus that presidential leadership will be required to achieve success.  A Trump Administration tax plan can be summarized as lower, simpler, fairer, and pro-growth.

   

          

Healthcare

The Administration recognizes that the problems with the U.S. health care system did not begin with – and will not end with the repeal of – the ACA.  With the assistance of Congress and working with the States, as appropriate, the Administration will act to:

  • Protect individual conscience in healthcare
  • Protect innocent human life from conception to natural death, including the most defenseless and those Americans with disabilities
  • Advance research and development in healthcare
  • Reform the Food and Drug Administration, to put greater focus on the need of patients for new and innovative medical products
  • Modernize Medicare, so that it will be ready for the challenges with the coming retirement of the Baby Boom generation – and beyond
  • Maximize flexibility for States in administering Medicaid, to enable States to experiment with innovative methods to deliver healthcare to our low-income citizens

Trade Reform

Free trade is good as long as it is fair trade.  American workers are the best in the world.  On a level playing field, we can compete, and win.  Yet, too many American jobs have been lost over the last decade because of trade deals that do not put Americans first.  Factories have closed and jobs have moved overseas because the government has imposed crushing regulations and taxes, while it negotiated trade deals that incentivized American companies to make things abroad, where environmental and labor protections are minimal and wages are low.

The Trump Administration will reverse decades of policies that have pushed jobs out of our country.  The new Administration will make it more desirable for companies to stay, create jobs here, pay taxes here, and rebuild our economy.  Our workers and the communities that support them will thrive again, as more and more companies compete to set up manufacturing in the U.S., to hire our young people and give them hope and a real shot at prosperity again.  America will become, once more, a destination for jobs, production and innovation and will once more show economic leadership in the world.

 

Immigration

A Trump Administration would execute on the following ten-point plan to restore integrity to our immigration system, protect our communities, and put America first:

  1. Build a Wall on the Southern Border
  2. End Catch-and-Release
  3. Zero Tolerance for Criminal Aliens
  4. Block Funding for Sanctuary Cities
  5. Cancel Unconstitutional Executive Orders & Enforce All Immigration Laws
  6. Suspend the Issuance of Visas to Any Place Where Adequate Screening Cannot Occur
  7. Ensure that Other Countries Take Their People Back When We Order Them Deported
  8. Finally Complete the Biometric Entry-Exit Visa Tracking System
  9. Turn Off the Jobs and Benefits Magnet
  10. Reform Legal immigration to Serve the Best Interests of America and its Workers

 

    

Transportation & Infrastructure

The American people have been burdened by a transportation system that has been neglected far too long. From traffic jams, poorly maintained farm/ranch-to-market roads, airport and airline delays and crowded subways, our system is literally falling apart.

Americans deserve a reliable and efficient transportation network and the Trump Administration seeks to invest $550 billion to ensure we can export our goods and move our people faster and safer. We will harness technology and make smarter decisions on how we build and utilize our infrastructure. Our roads, bridges, airports, transit systems and ports will be the envy of the world and enhance the lives of all Americans.  We will build the roads, highways, bridges, tunnels, airports, and railways of tomorrow. 

 

Energy Independence

Rather than continuing the current path to undermine and block America’s fossil fuel producers, the Trump Administration will encourage the production of these resources by opening onshore and offshore leasing on federal lands and waters. We will streamline the permitting process for all energy projects, including the billions of dollars in projects held up by President Obama, and rescind the job-destroying executive actions under his Administration.  We will end the war on coal, and rescind the coal mining lease moratorium, the excessive Interior Department stream rule, and conduct a top-down review of all anti-coal regulations issued by the Obama Administration.  We will eliminate the highly invasive "Waters of the US" rule, and scrap the $5 trillion dollar Obama-Clinton Climate Action Plan and the Clean Power Plan and prevent these unilateral plans from increasing monthly electric bills by double-digits without any measurable effect on Earth’s climate.  Energy is the lifeblood of modern society. It is the industry that fuels all other industries.  We will lift the restrictions on American energy, and allow this wealth to pour into our communities. It’s all upside: more jobs, more revenues, more wealth, higher wages, and lower energy prices.



TOPICS: Business/Economy; Government; News/Current Events
KEYWORDS: economy; investing; policy

1 posted on 11/11/2016 2:58:13 AM PST by expat_panama
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To: expat_panama; neverdem; SunkenCiv; Cindy; LucyT; decimon; freedumb2003; ...
*PING* to The_Donald's economic plans.

Thanks, @expat_panama!

2 posted on 11/11/2016 3:01:54 AM PST by grey_whiskers (The opinions are solely those of the author and are subject to change without notice.)
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To: expat_panama
1) build a wall ... 9) turn off benefits magnet ☑️
3 posted on 11/11/2016 3:07:05 AM PST by Principled (...the Supreme Court of the United States favors some laws over others...)
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To: expat_panama

President Trump. From your site to God’s screen!


4 posted on 11/11/2016 3:07:18 AM PST by freedumb2003 (Good morning President Trump)
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To: expat_panama

Hey Mikey, I think he likes it!

I love it...and who I heard will head the EPA.


5 posted on 11/11/2016 3:12:37 AM PST by CincyRichieRich (To liberals, lying is like breathing. Give Trump a chance...)
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To: 1010RD; A Cyrenian; abb; Abigail Adams; abigail2; AK_47_7.62x39; Alcibiades; Aliska; alrea; ...

Good morning campers!   It's Memorial Day and stock indexes stalled mixed yesterday (NASDAQ down higher volume, S&P up in lower volume) but the pundits are always a day late:

Trump's Victory Bodes Well for Investors - For Now - James Stewart, NYT
Why Markets Decided to Love Trump After All - Charles Gasparino, NYP
Don't Credit Trump For Stock-Market Surge - Tomi Kilgore, MarketWatch
The Big Threat to the Market's Trump Surge - Anthony Mirhaydari, TFT

Precious metals are stable and futures are up less than a half % for metals and down the same for stocks.  All we got for econ reports today is 10:00 AM Mich Sentiment.

Other news:

Will Keynes Feel at Home In Trump White House? - Michael Hiltzik, LAT
The Question: Will Trump Try Something Substantial? - Jeff Snider, RCM
How a Trump Admin. Could Terrorize Silicon Valley - Maya Kosoff, VF
How Can You Flee U.S.? Get Small Business Visa - Rhonda Abrams, USAT
Repealing ACA May Be Easy, Replacing It Won't Be - Paula Dwyer, BBW
The Trans-Pacific Partnership Is Dead - Eric Levitz, New York Magazine
How Corporate America Led Trump to Victory - Rick Wartzman, Fortune
What Can We Learn From U.S.'s Greatest Banker? - Steve Forbes, Forbes
What Factor Investors Should Wear With Pride - Cliff Asness, AQR Capital


6 posted on 11/11/2016 3:13:04 AM PST by expat_panama
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To: expat_panama

Standard deduction doubles in the coming tax legislation.


7 posted on 11/11/2016 3:37:38 AM PST by abb ("News reporting is too important to be left to the journalists." Walter Abbott (1950 -))
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To: abb

by any chance would that apply to tax year 2016?


8 posted on 11/11/2016 4:30:41 AM PST by expat_panama
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To: expat_panama

On the road to Damascus, Charles Gasparino was struck by a blinding light. He wrote a piece favorable to Donald Trump. These were the first favorable words uttered.

I guess it is not wise to take a position different than Fox business, but I will. During the returns in addition to tracking the votes, they tracked a seemingly ever falling markets. The decline was attributed to fear of a Trump ax on their business.

I would argue perhaps the emotion was not fear but perhaps rational awe and prudence. Markets decline because there are few or no buyers. To sell, sellers must accept a lower price offered by someone sensing a good deal. The buyers were prudently watching and waiting. There was no fear


9 posted on 11/11/2016 4:43:43 AM PST by bert ((K.E.; N.P.; GOPc;WASP .... Hilary is an Ameriphobe)
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To: expat_panama

Depends upon when it gets passed. If it gets through early enough, maybe so. More likely for tax year 2017.

https://www.donaldjtrump.com/policies/tax-plan


10 posted on 11/11/2016 6:41:56 AM PST by abb ("News reporting is too important to be left to the journalists." Walter Abbott (1950 -))
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To: expat_panama

Uh Oh...just going to tinker with the tax code but actually not reduce onerous taxes on individuals and corporations? That doesn’t look good. WTH? This tinkering is the first item on the plan, too.


11 posted on 11/11/2016 7:13:26 AM PST by ProtectOurFreedom
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To: ProtectOurFreedom

Corporate taxes whacked from 35 to 15%. Individual brackets reduced to 3 from 7. Sounds good to me.

See the plan here:

https://www.donaldjtrump.com/policies/tax-plan


12 posted on 11/11/2016 8:55:18 AM PST by abb ("News reporting is too important to be left to the journalists." Walter Abbott (1950 -))
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To: abb

It’s troubling that THAT wasn’t front and center


13 posted on 11/11/2016 12:57:27 PM PST by ProtectOurFreedom
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