Former US President Donald Trump plans to reduce taxes on citizens if he wins the presidential elections planned to be held in November 2024. This was reported by Bloomberg It quotes sources close to the former owner of the White House.
According to the agency, such plans indicate the politician’s desire to gain the support of “working and middle classes” in the election process. Sources also emphasized that the Republican Party representative wants to keep the corporate tax at 21%, in addition to reducing taxes on the country’s residents.
In contrast, the material’s authors noted Trump’s past promises to reduce corporate taxes to 15%. However, the publication says that recently the former president’s strategy has changed.
Sources added that the former president is considering increasing tariffs on American citizens after winning the upcoming elections. However, the politician’s election headquarters refused to comment on this information.
As the article emphasizes, Trump has not yet announced the details of his political program. This particularly concerns the economic initiatives of the former owner of the White House.
Previously in the USA stated about former President Barack Obama’s concerns about Donald Trump’s possible return to power.
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Source: Gazeta
Emma Matthew is a political analyst for “Social Bites”. With a keen understanding of the inner workings of government and a passion for politics, she provides insightful and informative coverage of the latest political developments.