Donald Trump: Economic Chicanery Plan
on Thursday, February 9, 2017Donald Trump Money Quote saying in November of 1999 a simple plan to solve national debt by taxing high net worth individuals, while criticizing politicians in DC for their complex models. Donald Trump said:
“The plan I am proposing today does not involve smoke and mirrors, phony numbers, financial gimmicks, or the usual economic chicanery you usually find in Disneyland-on-the-Potomac” — Donald Trump
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In this quote, Donald Trump is characterizing his proposed universal 14% tax plan as a transparent, straightforward proposal that avoids “smoke and mirrors” or “phony numbers” unlike typical plans from politicians in Washington D.C., which he refers to disparagingly as “Disneyland-on-the-Potomac”. Some key points in interpreting his perspective:
- He aims to portray his plan as a simple, honest approach compared to other complex tax reforms.
- However, without more details it’s difficult to independently verify if the plan is realistic or if its impacts are being accurately represented.
- His dismissive tone toward other policymakers suggests an element of political posturing rather than objective analysis.
Overall, while Trump wants to convey his plan as a clean break from opaque status quo politics, a balanced interpretation would acknowledge both his promotion as well as the need to carefully evaluate any significant tax reform proposal through nonpartisan analysis of its actual projected budgetary effects, economic impacts, and treatment of various populations. Reasonable experts may still disagree on optimal solutions.