Jack Welch: I Love Trump’s Tax Plan and Capping Deductions On the Rich

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Jack Welsh, GE, business leaders love Trumponomics:
(the Trump economic plan)
However, it actually makes sense.

September 20, 2016

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Jack Welch: I Love Trump’s Tax Plan
and Capping Deductions On the Rich

Lower Business and Personal Tax Rates for Prosperity
and Cap Deductions by the Rich
So We Can Pay Our Debts and for Fairness
by Jove, I Think He’s Got It!

The Daily Walk with Miracles, September 20, 2016, by Paul Evans, sources as noted. Video is FULL Donald Trump Economic Policy Plan “The Biggest Tax Reform Since Ronald Reagan.” Full Speech, YouTube, August 8, 2016 — 54:24. See Jack Welch: I Love Trump’s Tax Plan and Capping Deductions On the Rich, Fox Business News, September 16, 2016, by Business Leaders; and Jack Welch: I ‘Love’ Trump’s Tax Plan, Capping Deductions on the Rich, NewsMax, September 20, 2016, by F. McGuire.

Business Prosperity & Economic Inequality
in America

Paul Evans: OMG, Jack Welch “Loves” it. I should make clear that Welch is a retired General Electric CEO, not the current one. General Electric, so far as my memory allows, has always hired a team of some 500 accountants and so General Electric, the world’s largest manufacturer of electrical and electronic components, manages to pay ZERO taxes each year. (That helped the economy, Jack, didn’t it?) I am VERY surprised to see he favors capping and limiting deductions for business and for the rich. This means, I THINK, that the message of the immorality of our inequality, and also that this inequality and injustice has negative consequences for businesses and our economy, is getting out. Actually I think equality and morality are side-benefits for a lot of these people, the point is, it will grow the economy. So-called Christian business leaders might be coming to somewhat more reasonable, equitable understandings, under which America might actually prosper. The economy will prosper when there are equitable, fair mechanisms by which money is handled, and NOT UNLESS there are equitable mechanisms. God is not mocked, you business leaders. This is good news. Trump’s plan isn’t any kind of “voodoo economics,” people, cut the tax rate and then make the tax system more equitable, this isn’t “weird” economics, it’s FAIR economics. Please share this article with your friends.

Today’s Top News Headlines

SEE TODAY’S NEWS on our site: Fed Rate Hike May Happen Today: Expect Market Shock, The Daily Walk with Miracles, September 20, 2016, by Paul Evans. To clear up any “wrong ideas” about this, the Federal Reserve issues it’s decision at 2 p.m. on Wednesday.

See Trump used $258,000 from his charity to settle legal problems, The Washington Post, September 20, 2016, by David A. Fahrenthold. Paul Evans: Well the Bible says, in the Pauline letters somewhere, “if you are going to sin, sin boldy”… Sadly, this may get Donald Trump into considerable trouble:

Donald Trump spent more than a quarter-million dollars from his charitable foundation to settle lawsuits that involved the billionaire’s for-profit businesses, according to interviews and a review of legal documents.

Those cases, which together used $258,000 from Trump’s charity, were among four newly documented expenditures in which Trump may have violated laws against “self-dealing” — which prohibit nonprofit leaders from using charity money to benefit themselves or their businesses.

TOP HEADLINE: See Fed faces a credibility problem, CNN Money, September 20, 2016, by Patrick Gillespie:

Often, a few top officials speak publicly in favor of increasing interest rates. Then days later, another one of them talks down a rate hike. These conflicting messages from the Fed’s top leadership continue to hurt public confidence in the Fed, experts say.

“This is a disaster in terms of credibility,” says Dan North, chief U.S. economist at Euler Hermes. Investors “don’t think there’s any credibility in what [Fed officials] say because there’s too many voices.”

The Fed has kicked off its two-day meeting on Tuesday. All eyes will be on Chair Janet Yellen when she speaks shortly after the Fed’s makes its announcement at 2 p.m. ET Wednesday.

Of interest is Here’s what Yellen would get asked if economists were let into the press conference, MarketWatch, September 20, 2016, by Greg Robb.

Paul Evans: September 20, 2016, 6:10 p.m. A quick visit to the official Federal Reserve website and then to its News & Events page left me absolutely in dismay. The institution responsible for much of America’s monetary policy had NO article on it referring to any Fed event or news later then September 12th. This is absolutely unacceptable. You mean America’s primary financial institution (however unconstitutional it is) cannot even do better than THAT in reporting to the public it works for (I mean theoretically)??? The Fed cannot even maintain it’s own website??? NOT acceptable. If I were Donald Trump, one of the first things I’d do is say to the main guys there, “You’re fired!” One place I would go for Fed news and to understand America’s monetary policy is the The Official YouTube channel of the Federal Reserve Board of Governors. You’re likely not going to get fast reporting there (they have 124 videos), but it will be better than the official Fed website, right?

IN THE NEWS: See Krauthammer: WH ‘Reluctance’ to ID Terrorism ‘Hovers Between Inexplicable And Delusional’, Fox News Insider, September 19, 2016, as seen on Special Report with Bret Baier.

GOP Old big money: See George H.W. Bush for Hillary? A spokesman isn’t saying, CNN, September 20, 2016, by Jeff Zeleny and Daniella Diaz, CNN: Paul Evans: This wouldn’t surprise me at all. After all the old, influenced GOP has strong interests in the New World Order George H.W. Bush brought fully into existence to protect. And frankly, Hillary comes far closer to supporting and upholding the New World Order than does Trump, who has said he would not support NATO in a war against Russia, and that, basically he is not so much for American exceptionalism as he is for “America first.” And Trump isn’t concerned primarily with protecting old money, he is for the welfare of all Americans and that is not at all the same thing.

Polling, Demographics and Race
and the liberal news bias in the media

Today’s news: See Poll: Trump leads Clinton by 2 nationally, The Hill, September 20, 2016, by Mark Hensch:

“Approximately 50 days before the election, multiple polls show a tightening race between Clinton and Trump at both the national and state levels.

“Clinton leads Trump by less than 1 point in the latest RealClearPolitics average of national polls.”

Paul Evans: Yes, but this whole question of polls is misleading. Clinton is roughly tied with Trump in most polls, but in polls of LIKELY voters, the ones who actually go out and vote, Trump leads by a couple points these days. And sometimes and in some polls Trump leads beyond the margin of error of the poll, in other words he’s almost a shoe-in, (see below). Also from today, see Trump Support Among Hispanics Better Than Expected, NewsMax, September 20, 2016, by Theodore Bunker: “Republican candidate Donald Trump is polling better than expected with Hispanic voters, on par with previous GOP nominee Mitt Romney, The Hill reports.” As I see it many if not most Hispanics are at heart basically conservative in their values, but are beguiled by false Democratic Party promises as well as the whole issue of The Wall and tough deportation talk. But I am certain that the trip to Mexico Trump made played well with them. To me it seemed almost a stroke of genius on Trump’s part. If Hispanics are led to believe, factually and by Hispanic leaders, that Donald Trump offers some kind of a path to a better life, however difficult, they just might swing over to Trump in larger numbers still. Media coverage about race and ethnicity in the mainstream media isn’t helping Trump, it is more skewed to Hillary than on any other issue. See CNN Falsely Reports Trump Wants ‘Racial Profiling’, NewsMax, September 20, 2016, by NewsMax. The Daily Walk with Miracles asks that you keep in mind, Mr. Trump, that Hispanic voters are 16 percent of America’s population and that this is too large of a voting block to just alienate them en masse without probable negative consequences for the final election results. Trump might win anyway, but I wish he would ameliorate his positions somewhat and try not to be so xenophobic. Remember, Mr. Trump, that in the 19th century the Irish and Italians were the hated immigrants, and today they are totally assimilated into American culture. Of course, in a sense almost all of us here, ultimately, are immigrants, right?

Top News: See Earth roasts through hottest summer ever recorded, USA Today, September 20, 2016, by Doyle Rice: This was the warmest August on record, since records began to be kept in 1880. See Global Warming: What is the Truth?, The Daily Walk with Miracles, September 9, 2016, by Paul Evans.

ALSO IN THE NEWS: Maybe we have something on Hillary, here. See Did IT Specialist Ask the Internet How To Delete Hillary’s Emails?, Fox News Insider, September 20, 2016, as seen on Fox and Friends:

Internet users on the popular website Reddit believe they have found damning new evidence in the Hillary Clinton email scandal.

They allege that Reddit posts – including one seeking advice on how to “strip out a VERY VIP email address” from archived messages – were actually from an an IT specialist employed by Clinton.

Paul Combetta, who asserted the Fifth Amendment at a House hearing last week, worked for Platte River Networks, the company that maintained Clinton’s private email server.

Combetta is believed to be the employee who deleted Clinton’s emails with the program BleachBit….

Read the full article here.

See Trump ‘Suddenly’ Has Electoral College Path, The Daily Walk with Miracles, September 17, 2016, by Paul Evans, from which:

See Why Trumponomics Makes Sense to Americans, Fortune magazine, August 1, 2016: oddly, according to the Harvard Business School study cited, most Americans do NOT see inequality as the main problem facing Americans and the American economy, but rather, job growth. Searching Google on the “Trump economic plan” shows the terrible liberal bias in the media on this issue, not ONE article on the first two pages of results was in favor of the Trump plan. So that is a “meme” that the Hillary camp is pushing and also the whole new “I CARE” ad campaign. Yeah, right.

Paul Evans: “Hillary has a new ad out featuring Biden, Obama and her in a huge “I CARE” push. The Democrats can do that, they advocate all the huge social programs, right? But I don’t see them coming out with six weeks of maternity leave for women. And maybe under Donald Trump we can get to the point where 75 percent of Americans aren’t living paycheck to paycheck.”

See The Hill: Why a Trump victory in November is a virtual certainty, The Daily Walk with Miracles, September 14, 2016, by Paul Evans: The best predictive model known gives Donald Trump, who now leads among “likely” voters in recent polls, an 87 percent chance of being our next President, and so does Google Trends.

Fox News & NewsMax on Trumponomics

Fox Business News:

Former General Electric (GE) CEO Jack Welch has warmed up to Republican presidential candidate Donald Trump, in part, after hearing his economic plan earlier this week at the New York Economic Club.

“I thought his comments were first-rate,” said Welch during an appearance on Fox’s Your World With Neil Cavuto. “I love his tax plan, I love capping the deductions on the wealthy and I think it’s very important that we have a growth-oriented policy and I love the policy that Trump outlined.”


Trump’s proposal, which he detailed in a speech in New York, would reduce the top individual rate to 33 percent from the current 39.6 percent, Reuters reported. It would raise the standard deduction and cap itemized deductions, which he said would reduce tax loopholes. Trump said his plan would not add to the federal deficit.

Also see Trump scales back tax cuts in new economic plan, Reuters, September 16, 2016, by Emily Stephenson and Alana Wise: This story is the real, first source for all this news, and has a LOT of “facts.”

FULL Donald Trump Economic Policy Plan

Christian Links & References

Please Visit The Official King James Bible Online
(1611 King James Authorized Version)

Bible Study Tools: Who Is In The Driver’s Seat?
by Vernon K. McGee.

“A great many saints today have pride of race, pride of face, and pride of grace – they are even proud they have been saved by grace! My friend, your salvation ought not to make you proud, it is not even something to brag about. It is something about which to glorify God, and it is something that should humble you. Aren’t you ashamed of yourself that you have to be saved by grace because you are such a miserable sinner?”

Paul Evans: “I consider myself a Christian man, spiritualist, charismatic, unorthodox. I don’t like doctrine at all, I feel it only divides us. I just feel, if we want to consider ourselves Christian, all we need to do is believe in Jesus, love God, love our neighbor as ourselves (I mean actually), and don’t hurt and judge people. Sorry all you doctrine people, I’m sure in my own mind it’s as simple as that. But I find that few people actually do this. It is MY code for living.”

Proverbs 13:7 – There is that maketh himself rich, yet hath nothing:
there is that maketh himself poor, yet hath great riches.
(King James version)

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