Do You Support Trump Making November 5th ‘Christian Visibility Day’?
In a private gathering with some of the country’s wealthiest political contributors, former President Donald Trump underscored the necessity of his tax cut extensions, as reported by a Trump campaign official. During a 45-minute speech in Palm Beach, Florida, Trump articulated his vision to reclaim the presidency and pivot the nation towards priorities like boosting energy production, fortifying the southern border, curbing inflation, perpetuating his tax reductions, revoking Biden’s electric vehicle policies, safeguarding Israel, and preventing global conflict.
Despite NBC News’ request for access and a complete transcript of his speech, the Trump campaign did not accommodate these requests. The event, hosted at billionaire John Paulson’s residence, reportedly raised $50.5 million, contributing to Trump’s campaign and affiliated political groups, significantly surpassing the funds raised by President Joe Biden’s campaign at a recent event.
Biden criticized Trump for his intention to prolong the 2017 tax cuts, which are due to end in 2025, highlighting this in a video while appearing with Senator Bernie Sanders. Trump, while amassing substantial donations from affluent figures, maintained that the desire for change spans across all economic strata.
In his address, Trump lauded the donors, recognizing their leadership and expertise. The dinner menu featured high-end cuisine and was attended by 117 guests, including political figures who had previously competed against Trump.
Trump’s tax policy, established in 2017, decreased tax rates broadly and is slated for revision in 2025. This includes the pass-through business deduction, beneficial to hedge funds and private entities, which if extended, is projected to significantly reduce government revenue.