JUST IN: 🇺🇸 President-elect Trump has pledged to implement bold economic policies aimed at driving growth and boosting incomes. In a recent statement, he promised to "cut taxes, slash regulations, raise wages, and increase incomes at an unprecedented pace."

Central to his plan is the expansion and extension of the 2017 Tax Cuts and Jobs Act (TCJA). Trump is advocating for making the tax cuts permanent, reducing rates across all income levels, and further lowering the corporate tax rate. He also proposes eliminating taxes on tipped income and overtime pay to enhance workers' take-home pay.

To fund these initiatives, Trump suggests increasing tariffs on imported goods to promote domestic manufacturing and job creation. This strategy also aligns with efforts to address inflation and reduce the cost of living