Donald Trump has made at least 10 new tax cut promises. Can he keep any of them?

Published On Oct 14, 2024, 10:59 AM

Former President Donald Trump has outlined a series of tax cut proposals, stating his vision for substantial tax reductions if he is elected again. He aims to establish a framework for tax policy that favors lower rates for individuals and businesses, claiming it would foster economic growth and job creation. However, analysts express skepticism about whether he can fulfill these promises due to political and economic challenges, including potential pushback from Congress and the need to balance tax cuts with government revenue.

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If Trump's tax cut proposals gain traction, they could boost certain sectors, particularly those that benefit from lower corporate taxes or consumer spending increases.

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