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Wednesday, October 05, 2016

How Hillary Clinton plays the class warfare card

The Trump Plan isn’t trickle down economics

Hillary Clinton keeps bashing the Trump tax plan as “Trumped up trickle down economics.” This class warfare card has become the standard and tired response to every Republican tax plan reform for 30 years. No wonder we haven’t cleaned out the stables of the tax code since the Reagan era. Democrats have no interest.

Hillary’s claim is that the plan will blow a hole in the debt (which is rich coming from someone who worked for an administration that nearly doubled the debt in eight years) and that the benefits all go to the rich. She also says it will cost jobs and could even “cause a recession.”

I worked on devising the Trump tax plan with economists Larry Kudlow, Sam Clovis and others, so I know a little bit about the costs and the benefits. It’s an amazing ideology which says that letting businesses keep more of their own money will cause the economy to capsize and other horrors, but a $1.5 trillion tax hike on businesses and investors will, as Hillary promises, create jobs. Yes, and injecting Elmer’s glue into your veins is a good way to prevent a heart attack.



Anonymous said...

Just think for a moment. Hillary's economic advisors will be the same ones that Obama has, and her policies equally or even less effective at improving the economy.

Anonymous said...

I like trickle down it has worked every time it has been tried.

JoeAlbero said...

She also wants a $15.00 an hour minimum wage. Let's not forget that AND free college.

Anonymous said...

Democrats think they need to tax more. It is their answer to everything. They love spending other peoples money. What they don't even think about is that when Trump creates millions of jobs. Those people that weren't working weren't paying taxes. Now that they are working the government will be getting a lot more tax revenue without raising taxes on anybody. No one seems to think about that.