Economy

settings Not Yet Started: 79/102

capitol-buildingGovernment dollars-symbolEconomy shieldSecurity groupDomestic Issues
Trade
plus Withdraw from the Trans-Pacific Partnership.
settings Direct the Secretary of Commerce to identify every violation of trade agreements a foreign country is currently using to harm our workers, and also direct all appropriate agencies to use every tool under American and international law to end these abuses.
plus Tell NAFTA partners that we intend to immediately renegotiate the terms of that agreement to get a better deal for our workers. If they don’t agree to a renegotiation, we will submit notice that the U.S. intends to withdraw from the deal.
settings Instruct the Treasury Secretary to label China a currency manipulator.
settings Instruct the U.S. Trade Representative to bring trade cases against China, both in this country and at the WTO.
settings Boost growth to 3.5 percent per year on average, with the potential to reach a 4 percent growth rate.
settings Use every lawful presidential power to remedy trade disputes if China does not stop its illegal activities, including its theft of American trade secrets – including the application of tariffs consistent with Section 201 and 301 of the Trade Act of 1974 and Section 232 of the Trade Expansion Act of 1962.
settings Eliminate Mexico’s one-side backdoor tariff through the VAT and end sweatshops in Mexico that undercut U.S. workers.
Tax Plan
settings A married couple earning $50,000 per year with two children and $8,000 in child care expenses will save 35% from their current tax bill.
settings A married couple earning $75,000 per year with two children and $10,000 in child care expenses will receive a 30% reduction in their tax bill.
settings A married couple earning $5 million per year with two children and $12,000 in child care expenses will get only a 3% reduction in their tax bill.
settings The plan lowers the business tax rate to 15%. 
settings A 10% tax on repatriation.
settings The plan also allows U.S.-based manufacturers to elect full expensing of plant and equipment, an invitation to massive investment. If they elect this approach, they will give up the ability to deduct interest expense.
settings Tax brackets in the individual income tax will be reduced from 7 to 3. Tax rates will be 12%, 25% or 33%, with thresholds very similar to the House GOP plan.
settings The plan will close special interest tax breaks and cap deductions at $100,000 for single filers and $200,000 for married filers.
settings The standard deduction will be $30,000 dollars for married couples and $15,000 dollars for single individuals.
settings The plan provides a child care deduction for children up to 13 years of age for average child care expense. There’s an income cap, so the new deductions don’t apply to the rich.
settings The plan eliminates the carried interest loophole for Wall Street.
settings The plan eliminates the death tax.
Energy
settings Rescind all the job-destroying Obama executive actions including the Climate Action Plan and the Waters of the U.S. rule.
clock Ask Trans Canada to renew its permit application for the Keystone Pipeline.
settings Make land in the Outer Continental Shelf available to produce oil and natural gas.
settings Cancel the Paris Climate Agreement (limit global warming to 2 degrees Celsius) and stop all payments of U.S. tax dollars to U.N. global warming programs.
settings Become, and stay, totally independent of any need to import energy from the OPEC cartel or any nations hostile to our interests.
settings Open onshore and offshore leasing on federal lands, eliminate moratorium on coal leasing, and open shale energy deposits.
Infrastructure
settings Harness market forces to help attract new private infrastructure investments through a deficit-neutral system of infrastructure tax credits.
settings Work with Congress to modernize our airports and air traffic control systems, end long wait times, and reform the FAA and TSA, while also ensuring that American travelers are safe from terrorism and other threats.
clock Incorporate new technologies and innovations into our national transportation system such as state-of-the-art pipelines, advancements in maritime commerce, and the next generation of vehicles.
settings Triple funding for state revolving loan fund programs to help states and local governments upgrade critical drinking water and wastewater infrastructure.
settings The “Penny Plan”.
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