One of Many

Colorado Springs CO

Description

Historic tax cuts and deregulation: After eight years of high unemployment and meager growth under President Obama’s administration, the Trump tax cuts of 2017 and Trump’s extensive canceling of excessive government regulations on businesses have given a tremendous boost to the American economy. An estimated 25,000 pages of regulations have been canceled, resulting in a savings of $3,100 per household per year. Another result of tax cuts combined with deregulation has been the addition of thousands of new jobs, so that unemployment (before the coronavirus crisis) fell to the lowest point in 50 years, and unemployment among African-American and Hispanic workers was the lowest it has ever been in history.