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Trump vows to cut business tax rate to
15%, create government efficiency commission
led by Elon Musk

Original Article

Posted By: Beardo, 9/5/2024 8:45:22 PM

Former President Trump delivered a major economic address in New York on Thursday, announcing his plan to cut the corporate tax rate to 15% and create a "government efficiency commission" led by Elon Musk, while vowing to "make America richer and stronger" if elected in November. (snip) The government efficiency commission would be tasked with conducting a complete financial and performance audit of the entire federal government and making recommendations for drastic reforms. Trump said Musk "has agreed" to lead that commission.

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Reply 1 - Posted by: red1066 9/5/2024 9:58:52 PM (No. 1791056)
The 15% tax rate is for those companies that manufacture products here in the U.S. Those companies that insist on making products outside of the U.S. will have the slightly higher tax rate plus dealing with a tariff if products are made in China.
24 people like this.

Reply 2 - Posted by: jalo1951 9/5/2024 11:27:23 PM (No. 1791074)
Cut taxes. Let everyone keep more of what they earn. The more money, their money, that they can keep will require them needing less or no government "help". Less money taken from others or printed in the WH basement is the way to go forward. She has no concept of business or common sense.
18 people like this.

Reply 3 - Posted by: DiegoDude 9/6/2024 4:09:43 AM (No. 1791096)
I like this. There will be "wailing and gnashing of teeth" if this goes through. Just think how many "non-essential" federal government workers stayed home during Covid. It would be nice to send them home for good.
17 people like this.

Reply 4 - Posted by: mifla 9/6/2024 4:58:33 AM (No. 1791102)
I have longed dreamed of this day. Many government organizations were created by the Executive branch, so they can be eliminated by the Executive branch. Bye, bye useless Department of Education. I can hear Randi screaming already.
16 people like this.

Reply 5 - Posted by: bpl40 9/6/2024 6:57:09 AM (No. 1791143)
1. Cut taxes 2. Cut useless (honestly) regulations 3. Strengthen rebuild the armed forces 4.Create a 'steel barrier' southern border 5. Get (Federal) government out of any activity outside it's constitutional powers. Any point #6 is unnecessary.
14 people like this.

Reply 6 - Posted by: Dodge Boy 9/6/2024 7:49:15 AM (No. 1791164)
Good. Let's roll, Mr. President.
5 people like this.

Reply 7 - Posted by: franq 9/6/2024 8:20:38 AM (No. 1791178)
The Lord himself required 10%, at least in the Old Testament. As far as I'm concerned, any earthly entity demanding more is putting itself above God. Even for the middle class, the sum total of all taxes is probably 30-40% of gross income. And that is before giving the Lord back his portion.
4 people like this.

Reply 8 - Posted by: stablemoney 9/6/2024 10:20:36 AM (No. 1791244)
Government could easily be cut by 50%. That would allow tax cuts, and reduce the deficit. 40% of the government is now paid by inflation.
4 people like this.

Reply 9 - Posted by: Zigrid 9/6/2024 10:35:53 AM (No. 1791260)
What a team...President Trump and Elon Musk....it can't get better than that...so now...Barack HUSSEIN Obama what are you and the Iranians in the White House gonna do about this...you tried putting him in jail...you tried breaking his bank and confiscating his property...you tried vicious lies told by your DOJ buddies....what's next?
4 people like this.

Reply 10 - Posted by: Lawsy0 9/6/2024 10:37:55 AM (No. 1791264)
Hot Diggity!! (and I don't mean the brat festival in Nashville!) Cue the music: At Last, Miss Etta. Make it so, Number One!
4 people like this.

Reply 11 - Posted by: NotaBene 9/6/2024 12:36:02 PM (No. 1791334)
We have great policies. Now we must stop the Democratic Party from stealing the election again. It is terrible that they are impune because DEI.
1 person likes this.

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