Florida – Former President Donald Trump is making strategic moves that could significantly influence his path back to the White House, tapping into key voter concerns and promising substantial shifts in tax policies that resonate with a broad spectrum of Americans. Amidst a fierce competition with President Joe Biden, Trump’s targeted pledges could be decisive in the 2024 presidential election.
Florida Meeting and Promises
Trump reportedly convened with leading oil and gas executives in Florida, where he allegedly pledged to reverse many of Biden’s green agenda laws and policies in exchange for campaign contributions. The story, initially revealed by The Post in early May, caused significant unease among the electorate.
Engaging Donors with Stark Warnings in New York
Furthering his strategic engagements, Trump has been actively courting affluent donors, highlighting the financial implications of not extending the tax cuts introduced during his term. At a gathering in New York, he painted a grim picture of the economic landscape if these cuts were allowed to expire under Biden’s administration.
“The tax cuts all expire for wealthy and poor and middle income and everything else, but they expire in another seven months and he’s not going to renew them, which means taxes are going to go up by four times,” Trump told his audience, suggesting dire consequences: “You’re going to have the biggest tax increase in history.”
However, Trump recently proposed another initiative as part of his plans for tax policies if he wins the presidential race, which could potentially garner him substantial voter support and enhance his election efforts amid the fiercely competitive race with President Biden.
A New Proposal in Nevada
At a recent campaign rally in Nevada, a key battleground state, Trump proposed a significant policy change if reelected to the White House: the elimination of income taxes on tips. Addressing a Las Vegas crowd, where the local economy heavily depends on tourism and hospitality, Trump announced his plan to relieve many workers who depend on tips for their livelihood.
“So this is the first time I’ve said this and for those hotel workers and people who get tips, you’re going to be very happy,” Trump declared, promising, “because when I get to office, we are going to not charge taxes on tips, people making tips.”
Trump’s Master Move
Trump described the move as “deserved” and stated he would implement the change “right away, first thing in office.” Under current law, workers must declare their tips as taxable income. Trump’s plan to scrap this requirement is aimed at garnering support from service industry employees, a crucial demographic in the swing states vital for the upcoming November election rematch.
“Hopefully Rank and File Union Members, Union Leadership itself, and Workers all over the Country, both Union and Non-Union, will support Donald J. Trump, because I’m NO TALK AND ALL ACTION!” Trump expressed in a post on his social media platform, Truth Social.
Trump introduced this policy during the Sunday rally, elaborating on his tax strategy, as the substantial tax cuts he introduced in 2017 are set to expire next year. He has vowed to extend these cuts if he secures a victory in the 2025 presidential election.
Additionally, at the same rally, Trump critiqued President Biden’s recent executive actions on border policy and reignited his campaign efforts toward Hispanic voters with the newly branded “Latino Americans for Trump,” previously “Latinos for Trump.” Despite the Democrats’ longstanding strong performance among Latino voters, recent polls indicate a tight competition for their support between Biden and Trump.