Opinion: This Tax Day, Let’s Say Thanks For The Trump Economy - PressFrom - US

OpinionThis Tax Day, Let’s Say Thanks For The Trump Economy

00:40  16 april  2019
00:40  16 april  2019 Source:   dailycaller.com

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WASHINGTON — The economy is doing quite well, thank you very much, and the president would naturally like to take credit. Both of them. Barely a day passes without President Trump boasting about the growing economy , claiming with a mix of hyperbole and fact that it is “booming like never before.”.

Let ’ s examine a variety of measures looking at where the economy was when Obama took office The big difference is Trump ’s tax cuts and the huge spending bill he signed, which economists So if Trump is taking credit for the impact of the tax cut on economic growth, he needs to accept blame

This Tax Day, Let’s Say Thanks For The Trump Economy© REUTERS/Kevin Lamarque U.S. President Donald Trump addresses the Republican Jewish Coalition 2019 Annual Leadership Meeting in Las Vegas, Nevada, U.S., April 6, 2019. REUTERS/Kevin Lamarque

Editor’s note: The opinions in this article are the author’s, as published by our content partner, and do not necessarily represent the views of MSN or Microsoft.

President Trump is slated to speak today in Minnesota to tout his “America first” policy agenda in a crucial 2020 swing state. Don’t forget today is also every American’s favorite holiday: Tax Day.

Fortunately, this Tax Day will be far less painful thanks to our president. You’ll be keeping more money in your wallet and paying less out to the government. And that’s all thanks to the historic middle-class tax cut that was delivered by President Trump.

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• All thanks to “the biggest tax cuts and reforms in American history.” Since the president has Mr. Trump ’ s policies and Republicans in Congress deserve some credit, given that economists expect “The economy has been strong, and forecasts for next year have been bumped up due to the tax cut

If the economy were tanking, President Trump would get the blame. If you can, put aside for a moment your opinion of Donald Trump ’s words and actions and let ’ s be perfectly honest Most voters say President Obama — and, sure, he gets some because corporate balance sheets were healthy

April 15 always seems to be around the corner.

The dreaded day where we as Americans fork over our “fair share” to the bureaucrats in Washington, D.C. As the primary breadwinner for my family, Tax Day is always particularly grueling. I work hard for my paycheck like every other American and deserve to keep what is rightfully mine.

Undoubtedly, promising to fix our broken tax system was one of the primary reasons that Donald Trump trounced Hillary Clinton in 2016. Then-candidate Trump recognized that the slogging economy needed a restart, and the best way to do that was through tax reform.

Working and middle-class families were paying too much. Small and large businesses were being outmatched by their international competitors due to America’s high corporate rate. Billions of hours a year were being wasted by families filling out complicated tax forms. The status quo was unacceptable.

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Single drivers fared worse, thanks to a big savings for married filers built into the tax bill. Bridges says “at least 75 percent” of his clients have faced an unexpectedly large tax In the meantime, for some drivers who once supported Trump , the tax changes are complicating their view of his presidency.

To Democrats, who say the economy ' s rise since the Great Recession occurred mostly on Barack Obama' s watch, this is baloney. Yesterday was a big day for the stock market. President Trump celebrates passage of GOP tax overhaul at the White House. The tax plan aims to pump .5 trillion

But now those issues are a thing of the past thanks to President Trump.

President Trump and the Republican-controlled Congress crafted and ushered in the Tax Cuts and Jobs Act, the largest reform to our tax system in over 30 years. Middle-class families came out way ahead with nearly 80 percent of Americans receiving a tax benefit.

The bill nearly doubled the standard deduction, a significant bump for the vast majority of Americans who claim the standard deduction each year on their taxes. Better yet, it also scaled back the notoriously unpopular “death tax.” Why in the world is the government taxing people when they die anyway?

Families with children like me also saw serious benefits because the tax bill doubled the child tax credit up from $1,000 to $2,000. Nothing is more important than investing in the next generation of Americans and that’s exactly what doubling the child tax credit did.

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Democrats say “ Thanks , Obama.” They argue former president Barack Obama deserves all the credit for pulling the economy out of the Great He thinks the tax cuts will help encourage investment, but, like many economists , he says presidents usually get too much credit for the economy , whether it is

The company said Wednesday that it planned a 0 billion contribution to the American economy over With the moves, Apple took advantage of the new tax code that President Trump signed into law Thank you for reading, and sorry for the trouble! The New York Times Sale. Just a week

Small business owners also came out way ahead. President Trump took the bold step of slashing the corporate tax rate from 35 percent to 21 percent, putting American companies on a much more even playing field with their international competitors. Lower corporate taxes mean fewer jobs shipped abroad.

As a direct result of the tax cuts, the economy is roaring ahead. Record low unemployment rates for African Americans, Hispanics, and women. Wages are skyrocketing. Jobless claims recently fell to their lowest number since October 1969. Thanks to President Trump’s tax cuts, American businesses and workers are thriving.

Still, it wouldn’t be surprising if you were unaware that President Trump cut your taxes. Since signing the Tax Cuts and Jobs Act into law, the mainstream media and their army of democratic pundits have attempted to confuse the public by falsely claiming President Trump’s bill actually raised people’s taxes.

And that seems to have worked.

A new poll out from NBC News and the Wall Street Journal noted how just 17 percent of respondents thought they got a tax cut under the new law while 28 percent thought they paid more. Members of the liberal media like Matt Yglesias even praised progressives for confusing the public about President Trump’s tax cuts, labeling it a “messaging success.”

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The president says the new tax plan is a great deal for everyone but himself and his wealthy pals. Treasury Secretary Steven Mnuchin claimed “there will be no absolute tax cut for the upper class.” Housing Secretary Ben Carson offered a prayer at a Cabinet meeting thanking God for the tax bill’ s

As for the economy , economists said we should expect to see unemployment continue to go down and the economy to grow in 2018. Economists credit two things: President Trump and his tax bill. For Obama, his polices received good grades for providing financial stability, though they led to anemic

But now you know the truth. No fake news can dispute the fact that President Trump and the Republican Congress cut taxes for nearly 80 percent of Americans. Don’t believe the media and its lies.

So, on this Tax Day don’t forget to be thankful for your tax cut. Be thankful that our economy is in strong hands. But most of all, be thankful that we have a champion in the White House who is fighting every day for the forgotten men and women of America.

Kimberly Guilfoyle (@KimGuilfoyle) is vice chairwoman of America First Policies, a nonprofit organization supporting key policy initiatives that will work for all citizens in our country and put America first.

The views and opinions expressed in this commentary are those of the author and do not reflect the official position of The Daily Caller.

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