Saturday, July 27, 2024

COLUMNS_ Donald Trump: The MAGA Supply-Sider

Townhall

OPINION

Donald Trump: The MAGA Supply-Sider

Cesar Conda | Jul 27, 2024

The opinions expressed by columnists are their own and do not necessarily represent the views of Townhall.com.


AP Photo/Charles Rex Arbogast


Conservatives should not worry about the tax cutting direction of a second term of President Donald J. Trump, because he is committed to cutting taxes, regulations and the size of government. There are some who are pushing Trump to abandon traditional supply side policies, but he made clear this past week that he is fully committed to that philosophy.

During his acceptance speech at the Republican National Convention, Trump returned to the central theme of his plan to grow the American economy – tax cuts. "I gave the biggest tax cut in history, bigger than the Reagan Tax Cuts, but I am going to lower taxes still further,” Trump boomed from the podium.

Trump’s declaration should end the debate in conservative circles about whether the Republican Party is going to break with the Reaganomics, which Henry Olsen of the Ethics and Public Policy Center derided as “old guard, 1980s, non-rethought free market fundamentalism” that is “dead as a politically successful movement.” This is wishful thinking. Free markets are the reason why the American economy and standard of living is far superior to our friends in Europe and Asia.

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READ MORE: https://townhall.com/columnists/cesarconda/2024/07/27/donald-trump-the-maga-supply-sider-n2642513

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