Donald Trump is reportedly preparing to unveil a detailed economicโ 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 taxesโ for all Americans, further reduce business regulations, and prioritize American energy production.
The initiative, expected to be formally presented in โthe coming weeks, comes as the U.S. economy faces โคpersistent inflation and concernsโ about a potential recession. Trump’s team believes significant tax cuts-building on the 2017 Tax Cuts and Jobs โAct-will incentivize investment, spur job growth,โ andโ ultimately benefit all income brackets. The plan’sโ emphasis on deregulation is intended โto remove obstacles for businesses and unlock domesticโค energy resources, mirroring policies pursued during his first โterm. according to individuals familiar wiht the โplan, a key component will be a push to make the 2017 tax cuts permanent, which are currently set to expire after โค2025. Trump has repeatedly stated his belief โthat lower taxes are the keyโ to economic prosperity, and โคthis plan represents a concrete effort to translate that beliefs into policy.
