12/12/2024 | Press release | Distributed by Public on 12/12/2024 15:11
SHOT: Today, Donald Trump is walking back his promises to lower costs for the American people after claiming he would on the campaign trail…
HuffPost: "Trump Backtracks On Campaign Pledge To Bring Down Grocery Prices"
"President-elect Donald Trump admitted in an interview with Time magazine that it will be difficult for him to reduce consumer prices, contrary to statements he made on the campaign trail this year.
"'It's hard to bring things down once they're up. You know, it's very hard.' […]
"Nevertheless, Trump repeatedly told voters during the campaign that electing him president would cause prices to tumble. […]
"Trump's remarks to Time echoed similar backtracking he made on his promise that his proposed tariffs wouldn't boost prices."
CHASER: …while promising tax handouts (again) for the ultra-rich and big corporations.
Trump: "We're going to be cutting taxes still further [for corporations]. You know, we got it down to 21%, we're going to bring it down even below that. […] Last time, as you know, we took it probably from close to 44-45% down to 21 everyone said that was impossible. Now it was always my - I really wanted to get it down to 15, and we'll be able to do that."
Trump: "We're cutting [big corporations'] taxes. We're going to cut them very substantially. We got them down to 21% from probably 42 or 44% depending on where you are, we got them down to 21, everyone said that was a miracle. Now we're getting them down to 15, but only if you make your product here, otherwise you pay 21, which is not bad. […]"