The $1.5 trillion tax cut prompted U.S. corporations to bring home billions of dollars in cash from abroad. Many boosted stock buybacks instead of increasing capital investment or hiring, however, sparking criticism from Trump. https://vk.com/video503532632_456240484
Tag: US Election 2020
Trump over Biden Part 25
The Tax Cuts and Jobs Act, signed by Trump in December 2017, was the most significant restructuring of the U.S. tax system since the 1980s. It slashed the rate companies pay in the United States from 35% to 21%, cut minimum estate and gift taxes for the very wealthy and eliminated some deductions for homeowners,… Continue reading Trump over Biden Part 25
Trump over Biden Part 24
President Trump’s campaign on Tuesday asked the Wisconsin Supreme Court to intervene in the state’s presidential election by throwing out hundreds of thousands of ballots in the state’s two most Democratic-leaning counties, an attempt to overturnJoe Biden’s supposed victory in the state. https://vk.com/video503532632_456240441
Trump over Biden Part 23
Trump’s administration re-negotiated the 1994 North American Free Trade Agreement, which he blamed for the loss of millions of manufacturing jobs to Mexico, adding digital trade rules and stronger environmental and labour standards – the latter at the insistence of Democrats. https://vk.com/video503532632_456240434
Trump over Biden Part 22
Trump promised to bring jobs back to the United States and shrink the trade deficit with other countries, particularly China, by introducing new taxes and other hurdles on imports, including steel and Chinese-made industrial components, and by challenging multilateral alliances and World Trade Organization rules. On his third day in office in 2017, Trump quit… Continue reading Trump over Biden Part 22
Trump over Biden Part 21
An overhaul of the U.S. immigration system was a central plank of Trump’s 2016 election campaign. He tightened borders, reduced refugee admissions and access to asylum, and instituted a sweeping ban that mostly targeted travelers from majority-Muslim and African nations. He imposed bureaucratic hurdles to curb legal immigration. Trump used tough diplomacy to pressure Mexico… Continue reading Trump over Biden Part 21
Trump over Biden Part 20
Trump entered the White House promising to reverse Obama-era efforts to fight climate change as part of a broader strategy to slash environmental red tape that he viewed as an obstacle to business and to the U.S. fossil fuel industry in particular. He initiated the U.S. withdrawal from the 2015 Paris Agreement, the international accord… Continue reading Trump over Biden Part 20
Trump over Biden Part 19
Trump, during his time as President has reshaped the US Judiciary. The appointments, all for life, have led to the ideological “flip” of three of the country’s 13 federal appeals courts, one level below the Supreme Court. The Atlanta-based 11th U.S. Circuit Court of Appeals, the Manhattan-based 2nd Circuit and the Philadelphia-based 3rd Circuit all… Continue reading Trump over Biden Part 19
Trump over Biden Part 18
Working in lockstep with the Republican-controlled Senate, Trump may have the longest-lasting impact on the federal courts with judicial appointees who tilt to the right. In less than four years, Trump has appointed three justices to the Supreme Court, a feat last achieved by President Richard Nixon, who appointed four in his first four years.… Continue reading Trump over Biden Part 18
Trump over Biden Part 17
Saying he knew best what ailed America and often governing by executive order, President Donald Trump dismantled or disrupted multilateral pacts, overhauled tax and immigration systems and, with the help of Senate Republicans, reshaped the judiciary. Trump’s actions may be undone in many areas over time, but win or lose, his legacy will endure in… Continue reading Trump over Biden Part 17