Taxation is one of the biggest problems that continues to plague countries all over the world, including the United States. The more governments tax their people, the harder its citizens lives will be and the worse the economy will be. Venezuela is a prime example: the oil-rich country used to be one of the wealthiest nations in the world, but socialism, high tax rates, and nationalization of the economy has crippled the country, leaving its residents starving and powerless.
Donald Trump has just released a new campaign ad detailing the problems with excessive taxation, and promising the largest tax cuts of any candidate who has run for president this year.
Trump’s new tax plan promises relief for both businesses, and middle-class Americans. “America is one of the highest taxed nations in the world,” he said. “Reducing taxes will cause new companies and new jobs to come roaring back into our country.” He wants to simplify our tax plan, which will save both time and money.
Other politicians have a tendency to promise “change” and to repair the economy, but time and time again, they fall back on their promises. Obama swore that his stimulus package would provide “shovel-ready” jobs, but it was a miserable failure — and on top of that, it was insanely expensive.
If Trump is to be believed, his tax plan will bring innovation and job creation back to the United States.