3. Tax Laws
Trump, during his campaign, constantly beat over the head that Hillary had thousands of emails containing information on Benghazi, 9/11 and more events that could potentially condemn her. However, Hillary retaliated by constantly stressing that Trump had not been paying federal taxes. See where I’m going with this?
Ask anybody who owns a business and they’ll tell you exactly how much taxes are cut from their income. Trump, as a businessman, understands what taxes can take from people (assuming that he did pay them, of course). That said, with his presidency, it’s all but confirmed that he will introduce radical changes to the federal tax system that will either make or break his economic standing with the people.
Overall, he plans on reducing taxes for both business and individuals (the former more than the latter), which would definitely raise some concerns when it comes to finances. After all, if he follows through with the wall and the military spending, we could be looking at a drastic decrease in our national budget. To make matters even a bit more hazy, Trump also seems adamant on reducing trade with other countries such as China and Japan- a move that is very contrary to what the Obama Administration has done over the years.
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