Ep.43 The Most important election in American History is Here - a podcast by The Hollywood & China Doll Evening Show

from 2020-11-02T13:00

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#DONALDTRUMP #JOEBIDEN #ELECTION2020


Ep.43 The Most important election in American History is Here


You have a choice in this election on which way this country will go. The choices are clear and the countries fate is in your hands.


Under President Trump’s leadership, Congress passed historic tax cuts and relief for hard-working Americans. The Tax Cuts and Jobs Act:



   Is the first major tax reform signed in 30 years.



   Provided tax relief for 82% of middle-class families.



   Doubled the Child Tax Credit proving an additional $1,000 per child in tax relief for working parents.



   Nearly doubled the standard deduction, a change that simplified the tax filing process for millions of Americans.



   Cut taxes for small business by 20%, providing $415 billion in tax relief for small business owners.



   Alleviated the tax burden on over 500 companies. who used those savings to fund bonuses, wage increases for 4.8 million workers.



   Spurred new investments into the American economy, after it was passed businesses invested $482 billion into new American projects.



   Repealed Obamacare’s burdensome individual mandate.



   Made U.S. companies competitive on the world stage, lowering the corporate tax rate from one of the highest in the industrialized world (35%) to 21%.



U.S. Gross Domestic Product (GDP) growth has soared under President Trump, topping 3% in 4 quarters under his administration.



   2018 annual GDP growth was 2.9%



   In the first quarter of 2019 GDP growth was 3.1%



President Trump is unleashing economic growth and jobs. Since his election, the Trump administration’s pro-growth policies have generated 6 million new jobs, the unemployment rate has fallen to its lowest point in 50 years, and wages have grown at more than 3% for 10 months in a row.



   The manufacturing industry created nearly half a million new jobs.



   625,000 new construction jobs have been created since President Trump took office.



   Hispanic, Asian and African American unemployment rates have all reached record lows under President Trump.



   There are more than a million more job openings than unemployed persons in the U.S.



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