Here Comes Trump’s ‘Morning in America’ Economy

Michael Busler
4 min readNov 11, 2024

Trump’s economy will lead to opportunity for all Americans.

With the landslide victory in the presidential race, Donald J. Trump will be sworn in as America’s 47th President on January 20, 2025. After that, Trump will implement economic policies that eventually be viewed as a new “Morning in America.” These are his policies.

Lower Income Taxes

Trump wants to keep tax rates as low as possible for all Americans. He also wants to ensure that tax policy provides incentives. To accomplish these goals, he will extend the Trump tax cuts passed in 2017 which lowered taxes for all Americans by 10%, except those who live in areas where state and local taxes are ridiculously high.

Lower tax rates mean workers will keep more of what they earn, which is an incentive to work harder and earn more. He will also remove income taxes on overtime pay incentivizing workers to take overtime work when available.

He will help lower-income service workers by not taxing tips. And he will not tax Social Security recipient’s payments.

Lower Energy Prices

Trump will vastly increase the production of domestic energy by approving the Keystone Pipeline, allowing drilling on federal lands and making the permitting process much easier. This…

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Michael Busler
Michael Busler

Written by Michael Busler

Dr. Busler is an economist and a public policy analyst. He is a Professor of Finance at Stockton University. His op-ed columns appear in Townhall, Newsmax.

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