Cenk Uygur
@TheYoungTurks·6.5M subscribers·72.8K videos
Trump Lies In Tax Speech
Posted
September 3, 2017
Views
185,894
Likes
4,039
Comments
868
Engagement
2.64%
September 3, 2017
185,894
4,039
868
2.64%
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8:43Now PlayingTrump’s speech on tax reform was full of lies. Cenk Uygur and John Iadarola, the hosts of The Young Turks, break down all of the lies from Trump’s speech. Tell us what you think in the comment section below.
“President Donald Trump kicked off his efforts to sell a big tax package to voters on Wednesday, calling for a “pro-American” system that would cut tax rates for businesses and offer a boost to the middle class.
Trump maintained that a new tax system was crucial to ushering in a new prosperity in the U.S., in a speech that White House officials acknowledged beforehand would be light on policy details.
The president laid out several principles for tax reform, including cleaning the code of tax breaks and offering tax relief to middle-class families. But in a speech meant to put a populist polish on tax reform, Trump also spoke repeatedly about the need to lower the statutory corporate tax rate — which, at 35 percent, stands among the highest in the industrialized world — and to give companies more opportunity to bring back profits they’ve stashed offshore.
“Instead of exporting our jobs, we will export our goods. Our jobs will both stay here in America and come back to America. We'll have it both ways,” Trump said at a Springfield, Mo., manufacturer, adding that millions of people would move from welfare to work and “will love earning a big fat beautiful paycheck.”
“We believe that ordinary Americans know better than Washington how to spend their own money and we want to help them take home as much of their money as possible and then spend it,” he said. “So they'll keep their money, they'll spend their money, they'll buy our product.”
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Hosts: Cenk Uygur, John Iadarola
Cast: Cenk Uygur, John Iadarola
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Young Turk (n), 1. Young progressive or insurgent member of an institution, movement, or political party. 2. A young person who rebels against authority or societal expectations.(American Heritage Dictionary)
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