Donald Trump is reportedly preparing to unveil a detailed economic plan centered on across-teh-board tax cuts and deregulation, aiming to ignite a second-term economic boom.Sources close to the former president indicate the proposal, dubbed the “Golden Plan,” will aggressively seek to lower taxes for all Americans, further reduce business regulations, and prioritize American energy production.
The initiative, expected to be formally presented in the coming weeks, comes as the U.S. economy faces persistent inflation and concerns about a potential recession. Trump’s team believes significant tax cuts-building on the 2017 Tax Cuts and Jobs Act-will incentivize investment, spur job growth, and ultimately benefit all income brackets. The plan’s emphasis on deregulation is intended to remove obstacles for businesses and unlock domestic energy resources, mirroring policies pursued during his first term. according to individuals familiar wiht the plan, a key component will be a push to make the 2017 tax cuts permanent, which are currently set to expire after 2025. Trump has repeatedly stated his belief that lower taxes are the key to economic prosperity, and this plan represents a concrete effort to translate that beliefs into policy.