And then unicorns will fly out of his pants and give us all a million dollars
by digby
So the word is that Trump will introduce his “tax reform” plan so that he can say he has something on the table for his 100 days of executive order photo-ops. It looks as though they’re going to call for huge tax cuts. Surprise.
As Jon Perr reminds us, Trump made a very big promise during the campaign:
Last April, lunching amid construction debris at his new hotel five blocks from the White House, Republican presidential candidate Donald Trump told the Washington Post he would get rid of the national debt “over a period of eight years.” It may have been the boldest promise he’s ever made, considering the U.S. hasn’t been debt-free since 1835. The debt at the time was more than $19 trillion, and rising.
Trump predicted he could turn back the tide even though he thought the country was headed for a “very massive recession.”
His great TV performance as President has turned the economy around, we know that. We’re in great shape. But business needs to be unshackled from all its taxes and regulations so he’s going to get that done. And then the national debt will start to shrink because of all the coal and steel jobs he’s bringing back from China. Also, oil and Mexicans and something something.
AND THEN AMERICA WILL BE GRRRRREAT AGAIN!
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