There is a method to President Trump’s aggressive budget slashing.
This from thepatriotjournal.com.
Rumors have been swirling that the president is gearing up to eliminate taxes for everyone earning less than $150,000 a year. That would put thousands of dollars back in the pockets of hardworking families across the country.
But if he cuts taxes for everyday Americans AND slashes the federal budget, what about the deficit? This is what the left-wing economists are screaming. But what they are not telling us is Trump has an ace up his sleeve—a revenue-generating plan so effective it could bring in a staggering $6 TRILLION over the next decade. And the kicker is: not a penny of it will come from American taxpayers.
Peter Navarro, a senior trade adviser to President Trump, revealed the details of this game-changing strategy during an appearance on Fox News Sunday.
From The Hill:
‘First of all, we’re going to raise about $100 billion with the auto tariffs alone. What we’re going to do is, in the new tax bill that has to pass, it absolutely has to pass, we’re going to provide tax benefits, tax credits, to the people who buy American cars,’ Navarro began. ‘This is a genius thing that President Trump promised on the campaign trail. So that’s going to happen.’
‘In addition, the other tariffs are going to raise about $600 billion a year, about $6 trillion over a 10-year period, and we’re going to have tax cuts,’ he continued. ‘It’s the biggest tax cut in American history for the middle class, for the blue collar.’
The plan is brilliantly simple:
– [I]mplement a 25% tariff on foreign-made vehicle imports, which will generate approximately $100 billion all on its own. But that’s just the beginning.
– Americans who buy American-made cars will receive tax benefits and credits, effectively negating any potential price increases while stimulating our domestic auto industry.
As Trump indicated, he is prepared to impose even larger tariffs on the European Union and Canada if they work together “to do economic harm to the USA.”
This is what real leadership looks like—standing up for American interests rather than bowing to globalist pressure.
So, if Trump’s tariff plan will generate trillions in revenue, enable historic tax cuts for the middle class, and protect American industries, why are the Left and their media allies so vehemently opposed to it?
The answer is as obvious as it is disturbing:
They’d rather bleed American taxpayers dry than allow Trump’s America First policies to succeed.
NOTE:
For decades, establishment politicians from both parties have embraced globalist trade policies that shipped American jobs overseas while filling the coffers of multinational corporations.
The facts of Trump’s tariff plan:
– [It] threatens this cozy arrangement,
– It puts American workers and American industries first, generating revenue from foreign countries rather than hard-working American families, and
– [The Left is] panicking—their entire economic model is based on taxing Americans to fund their bloated government programs.
When Trump implements his tariffs on “Liberation Day” (April 2nd), the act will mark a fundamental shift in American economic policy.
Wall Street analysts are warning of potential market volatility, but that’s just code for ‘the globalist elites are worried about losing their advantage.’
The genius of Trump’s plan is that it forces foreign countries to contribute to America’s economic well-being.
For too long, countries like China have manipulated their currencies, stolen our intellectual property, and flooded our markets with subsidized goods. Trump’s tariffs ensure they finally pay their fair share.
As Navarro advised American consumers concerned about the tariffs: “Trust in Trump. We have the example from the first term.” Indeed, during Trump’s first term, tariffs generated billions in revenue while unemployment reached historic lows and American manufacturing experienced a renaissance.
The April 2nd deadline for implementing these sweeping reciprocal tariffs represents a critical turning point for America’s economic future. While the media focuses on potential short-term market fluctuations, they are missing the bigger picture:
Trump is fundamentally restructuring
how America generates revenue, funds
government, and conducts international trade.
Can you imagine what America will be like once we have reclaimed our economic sovereignty from foreign interests?
God speed Mr. President.
