Trump: “We Can Make It Morning In America Again…”

Trump outlined his tax reform speech to the Heritage Foundation, and he’s bringing back all the awesomeness (that at least some of us can remember) from the 80s.

“Today is the anniversary of former president Ronald Reagan signing into law the Tax Reform Act of 1986. The act was the second major law he signed to reform the tax code for the American people.

 

Republicans and Democrats came together to cut taxes for hardworking families in 1981, and again in 1986 to simplify the tax code, so that everyone could get a fair shake. The rest, as they say, is history.”

 

The economy boomed, launching into one of the largest peacetime economic expansions in history. Dormant small businesses and factories sprung back to life. The famed American Worker produced at unprecedented levels. The median family income rose. And more American products than ever before reached foreign shores, stamped with those four beautiful words: “Made in the USA.”

 

The 1980s also saw extraordinary ideas transformed into reality by American inventors and entrepreneurs. Many of those creations dramatically improved our quality of life. Others connected us like never before and put an entire universe of information at our fingertips. Still others, like the space shuttle after its first launch in 1981, stretched the bounds of what we thought was possible for humankind.

I remember 1981 fondly.  I was 10 years old, and I did a report on Reagan that year for school.  (It may have very well been my conservative turning point, y’all.)

Trump continued in his speech:

“It was a time of extraordinary optimism — it was truly “Morning in America,” an economic miracle for the middle-class.”

Y’all remember that?  Because I do:

Ah, 80s America.  Good times.

Anywho, Trump went on to talk about what his tax code will do:

Our plan will transform the tax code so that it is once again simple, fair and easy to understand. We want you to spend your valuable time pursuing your dreams, not trapped in a tax compliance nightmare.

 

We will cut taxes for hardworking, middle-class families.

 

We will double the standard deduction, which means the first $24,000 of a family’s income will be tax-free. We will also expand the child tax credit. And we will lower rates so that families will keep more of their hard-earned money.

 

We will also restore our competitive edge so we can create better jobs and higher wages for American workers.

 

Our plan will provide tax relief to businesses of all sizes, and deliver our small and medium-sized businesses the lowest top rate in more than 80 years.

 

Finally, we will bring back trillions of dollars in American wealth currently parked overseas.

And, I don’t know about y’all, but it looks pretty good to me.

You know who else it looks good to?  A bunch of brainwashed liberal college students, too, as long as you slap Bernie Sanders’ name on it.

So yeah.  Let’s freaking do this.