Trump enters crazy promise territory in an attempt to get reelected
Trump has considered, proposed and given a wide range of goodies to voters as he trails Joe Biden in the 2020 bid for the White House. With polls showing Trump falling behind with key voting blocs in crucial swing states, Trump’s vote-nabbing gambits are carefully targeted. Here are (some) ways Trump is trying to snag last-minute votes:
Auto-worker pensions. In late October, Trump took a sudden interest in cuts to auto-worker pensions that date to 2009. When the U.S. auto industry nearly collapsed in 2009, the government assumed pension liabilities for about 20,000 non-union workers at the supplier Delphi, and ultimately terminated those pension plans, triggering a lawsuit. On Oct. 22, Trump signed an executive order instructing three Cabinet departments to “review” the issue and “inform” the president within 90 days if there’s anything he can or should do. About 5,000 of the affected workers are in Ohio, a swing state Trump needs to win to have a chance of beating Biden in the electoral college. The 90-day deadline would arrive on Jan. 20, Trump’s final day in office, if he loses. (Wow, 90 days? Not even Republicans will move that fast... unless it's a right wing Supreme Court justice)
More tax cuts. Trump is offering more tax cuts if he wins, including a cut in the payroll tax that funds Social Security and Medicare, a further 1-point reduction in the business tax, to 20%, and a lower capital-gains tax, which would mainly benefit the wealthy who claim the vast majority of capital gains. It’s possible Trump could lower taxes further, following the 2017 tax cuts, if Republicans controlled both houses of Congress. But Democrats are nearly certain to retain control of the House, and they have even odds, or better, of taking the Senate. So any more Trump tax cuts are a wish list. Trump also promised to cut middle-class taxes right before the 2018 midterm elections, but he didn’t pursue that at all once the elections were over.
Black empowerment. Less than a month before Election Day, Trump rolled out his “platinum plan” for prosperity in Black communities, which is essentially a grab-bag of ideas for improving economic conditions in Black America. Earlier this year, Trump defended Confederate memorials and called Black Lives Matter a “symbol of hate.” But he might have concluded he needs to do better among Black voters than in 2016, when he drew just 8% of their vote. So he introduced the platinum plan, which is supposed to increase access to capital for Black-owned businesses, improve health care in Black communities and boost safety. At the same time, however, Trump is promising white suburbanites he’ll keep low-income housing—often occupied by minorities—out of their neighborhoods. He’s also trying to kill the Affordable Care Act, and Trump has been killing diversity training among the federal workforce.
https://www.yahoo.com/finance/news/6-trump-ploys-to-grab-last-minute-votes-193930295.html
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