Search Results: giving up on him

It is forecast that the $1.3 trillion estimated cost of annual foregone revenue from Trump's tax reduction plans (out of a total revenue intake of $6.3 trillion annually) is a shortfall of 20.1% which would be offset by $5.9% increase in revenue from Trump's tariff plan.
In sum, a total loss of $14.2% of federal revenue with no plans for how to make up the shortfall. He has suggested giving the President control over the Fed to set interest rates as well as control of the money supply (printing money). He has also suggested to eliminate the debt ceiling. Economists & the Congressional Budget Office have derided both of these ideas as leading to precipitous rises and consumer prices and dangerously inflationary.

More detailed breakdown:
Donald Trump's proposed tariffs to make up this revenue loss from his tax cuts (which include a 10% worldwide tariff and a 60% tariff on Chinese goods paid for by the American consumer - so in effect a hidden tax), are estimated to generate approximately $280 billion annually.
If the 2017 Tax Cuts and Jobs Act Trump legislations provisions are made permanent, it is estimated that the federal government would experience a reduction in revenues of approximately $400 billion annually.
Additionally, the long-term fiscal impact would increase the national debt by $16.5 trillion over the next 75 years. This revenue loss primarily arises from the continuation of foregone income tax introduced by the TCJA.
Regarding the image above, Trump has NO ability to influence insurance rates as they are set at the state level, Congress has signaled that they have no plans to restore the state and local tax deduction (SALT), the president has no ability to mandate coverage of IVF treatment and the president has no ability to set credit card interest rates.

The US should bring all troops home from war zones: Iraq and Syria.

The US should not give or sell weapons to autocratic countries.

The US should end the war on drugs.

The US should make it easier to come here legally and harder to come here illegally.

The US should end all corporate welfare, farm subsidies, and the ethanol mandate.

The US should lower income tax rates but eliminate all tax exemptions save charitable giving. No individual who makes less than $500k a year should need an accountant at tax time.

US citizens should be able to buy prescription medicine from foreign countries.

We should repeal the Patriot Act.

Social Security and Medicare should be voluntary, and there should be no taxes on retirement income up to $100k/year.

We should cut the military budget by focusing on defense, not being the world's police.