The Donald Trump Economic Plan

The Donald Trump Economic Plan

As to taxes, they are evidently inseparable from government. It is impossible without them to pay the debts of the nation, to protect it from foreign danger, or to secure individuals from lawless violence and rapine.

-Alexander Hamilton, Address to the Electors of the State of New York, 1801

Our new Constitution is now established, and has an appearance that promises permanency; but in this world nothing can be said to be certain, except death and taxes.
Benjamin Franklin

Year: 1789
Context: Letter to Jean-Baptiste Leroy

Founding Fathers at the Constitutional Convention
Founding Fathers at the Constitutional Convention

Our Founding Fathers knew for certain that taxes were necessary to fund the current government, pay the debt from the revolution and fund an Army and Navy necessary to protect our foundling nation. That being said, there is no way they would approve of the over-taxed, over-reaching and over-regulated system that is now in place. Our system is used to punish the wealthy, the entrepreneur and the middle class, in my humble opinion.

The Obama years have been a gold mine for tax attorneys and compliance officers. These years have killed innovation and entrepreneurial enterprises. With that in mind, I was very interested to hear what Donald J. Trump would say as he unveiled his economic plan at the Detroit Economic Club today. Turns out, he pretty much adopted the current Republican Plan.

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