May 25, 2024

Trump

New Republic - Trump has held meetings with “several” Republican lawmakers and attorneys about passing legislation to indemnify former presidents from nonfederal prosecutions, according to Rolling Stone—an idea he probably wishes he thought of during his first term and before getting hit with a dazzling array of criminal and civil charges over and over and over and over and over again.

Politicuusa - Presidential candidate Donald Trump is proposing to reduce US reliance on income taxes while increasing our reliance on import tariffs. He proposes extending expiring tax cuts from 2017 and has also suggested possible new rounds of tax cuts. At the same time, he has proposed a ten percent “across- the -board” tariff and a 60 percent or more tariff on imports from China. Together, these policy steps would amount to regressive tax cuts, only partially paid for by regressive tax increases. The tariffs would reduce after-tax incomes by 3.5 percent for those in the bottom half of the income distribution and cost a typical household in the middle of the income distribution about $1,700 in increased taxes each year. If executed, these steps would increase the distortions and burdens created by the rounds of tariffs levied during the first Trump administration (and sustained during the Biden administration), while inflicting massive collateral damage on the US economy.

New Republic - Trump is plotting ways to make it illegal to prosecute him for all the crimes he loves to commit if he retakes the White House—and he’s tapping GOP leaders to carry out the plan, according to sources who spoke with Rolling Stone. “Even after a second term, he doesn’t think any of this is going to end,” one source told Rolling Stone. “He doesn’t think Democrats are going to quit coming after him.”Trump has held meetings with “several” Republican lawmakers and attorneys about passing legislation to indemnify former presidents from nonfederal prosecutions, according to Rolling Stone—an idea he probably wishes he thought of during his first term and before getting hit with a dazzling array of criminal and civil charges over and over and over and over and over again.

No comments: