4. Tax Cuts
Of all of his promises which are hopefully implemented, this is the most likely to come to fruition. Trump has promised one of the largest tax cuts in American history. Historically, Republican Presidents like George W. Bush and Ronald Reagan have cut taxes dramatically, which has made libertarians very happy. However, the issue comes in that conservatives also seem to have a hard time finding programs to cut and often also increase funding for defense programs, thus massively increasing the deficit. Nonetheless, Scott Greenberg, analyst with the Center for Federal Tax Policy at the Tax Foundation states that it is “very hard to imagine a single tax payer who wouldn’t be paying less in taxes under the Trump plan.”
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