Auto-SummaryTrump is criticized for his interview, with many calling him a "disordered mind" lacking substance. Highlights include his pride in Supreme Court appointments, deregulation, and VA administration, but also acknowledging potential disappointments like tax and infrastructure reform. Trump emphasizes tax reduction to stimulate growth, aiming for a 10-15% repatriation rate and simplifying the process. He asserts that the U.S. should be a top tax competitor and prioritizes middle-class benefits over high-income tax cuts.
Trump is a fucking moron. What else can one say? He's a real life Chauncey Gardner.
Read this interview. These are the thoughts of a disordered mind. No substance. Just complete blather. Trump is not a serious person. Let's just hope he doesn't fuck things up too badly before we elect an adult for the job.
Quote:
BAKER: What are you most proud of in the first six months?
TRUMP: A lot of things. I think I’m proud of the Supreme Court choice. And that’s not just a nomination, that’s getting him through. I’m very proud of opening up regulations. One of the reasons you see optimism is because people can actually use their land. They can farm their land. I’ve had tremendous and tremendous — look, I had 45,000 people there yesterday. It’s the biggest crowd they’ve ever had, and they were — they were going wild yesterday in West Virginia. But people can actually use their land and they can build.
And I think one of the things that I have to be very proud of is the VA. I think we have a great, great administrator, OK –
WSJ: Shulkin.
TRUMP: ... and a great secretary, David Shulkin. He’s — he was actually approved 100 to nothing, by the way.
BAKER: What about your disappointments? Any disappointments in the first six months?
TRUMP: Well, I’d have to let you know. I have to see where we are with this. Let’s see. Maybe it doesn’t work, but I think it’s going to. And, you know, it is — it would have been easier to start with taxes, but this is better if it works, OK? If it works, this is better.
WSJ: More general — generally.
TRUMP: But I think, you know, depending — so if you asked me that question in a month or really at the end of the year, because we hope to get this. We hope to get taxes and then infrastructure. And then I’m going to do a very big — we’re doing very big trade deals, and we’re looking forward to that. But we want to do, ideally, this first.
You know, a lot of people said you should have started with taxes or you should have started with infrastructure. Well, infrastructure, I’ll actually have bipartisan support, and I can use infrastructure to carry other things along. So I don’t want to waste it at the beginning, if that makes sense.
WSJ: Can I ask on that? I mean, are you confident? When you say the Democrats are obstructionists, and obviously they’re looking ahead to the midterms next year, it doesn’t seem like politically for Democrats there’s a lot of incentive, even on a bipartisan thing like infrastructure, that might be popular — [inaudible]. How tough a road is it going to be? In any case, it’s hard –
TRUMP: Well, they tried — they tried it with me. She spent hundreds of millions of dollars on negative ads. She didn’t do a positive ad, virtually. And she lost easily, you know, 306 to 223 I think, right – 223, something like that. ...
I mean, honestly, they — the ads were coming at me. Hundreds of millions of dollars’ worth of negative ads. And when people went into the voter booth, they didn’t know what she stood for. I always said that. I said if I can take this onslaught personally, it’s going to be a great thing because nobody knew what she stood for. So now, they’re trying to change their message a little bit, you know. I mean, it’s — it’s one of those things, but now they’re trying to change their message and we’ll see what happens.
But I think that we’re doing very well. Every indication is that in every one of our swing states we’re substantially up, like Ohio. Tonight I’m going to Ohio — Youngstown, Ohio — and we’ll be up — we’re way up. You know, I won the state by 9 or 10 or something, by 9 or 10 points, without any governor support, OK? So you have the governor of Ohio not supporting you and you win by almost 10 points, which is pretty good because Ohio’s not — if you remember, you guys were always saying you have to win Ohio, right?
BAKER: No Republican has ever won the presidency without winning Ohio.
TRUMP: No, right, no, it’s — it was — and we won, you know, by a landslide.
WSJ: [Inaudible.]
BAKER: Yeah. [Laughter.]
TRUMP: But we’re up. We have now — are you going tonight? Are you going to the speech in Ohio tonight?
WSJ: We were in West Virginia yesterday.
TRUMP: Oh, you did? Was that a scene, though? Huh?
WSJ: That was a scene, yes. (Laughter.)
TRUMP: Biggest crowd they’ve ever had. What did you think?
WSJ: I thought it was an interesting speech in the context of the Boy Scouts.
TRUMP: Right.
WSJ: They seemed to get a lot of feedback from former scouts and –
TRUMP: Did they like it?
WSJ: It seemed mixed.
TRUMP: They loved it. [Laughter.] It wasn’t — it was no mix. That was a standing –
WSJ: In the — you got a good — you got a good reaction in –
TRUMP: I mean, you know, he writes mostly negative stuff. But that was a standing ovation –
WSJ: You got a good reaction inside the arena, that’s right.
TRUMP: ... from the time I walked out on the stage — because I know. And by the way, I’d be the first to admit mixed. I’m a guy that will tell you mixed. There was no mix there. That was a standing ovation from the time I walked out to the time I left, and for five minutes after I had already gone. There was no mix.
WSJ: Yeah, there was a lot of supporters in the arena.
TRUMP: And I got a call from the head of the Boy Scouts saying it was the greatest speech that was ever made to them, and they were very thankful. So there was — there was no mix.
BAKER: Sir, can I ask you about taxes?
TRUMP: Yes.
BAKER: So, you know, we’re awaiting the outcome of health, we’ll get a vote. I know you want to get tax reform done. Gary, you talked about it.
TRUMP: Yes, very much. Very important.
BAKER: So can – what’s – I mean, you’ve outlined the principles of tax reform. Can you tell us what you – you know, what you want to achieve fundamentally in tax reform?
TRUMP: Sure. I want to –
BAKER: What are the – what are the main goals?
TRUMP: I want to achieve growth. We’re the highest-taxed nation in the world, essentially, you know, of the size. But we’re the highest-taxed nation in the world. We have — nobody knows what the number is. I mean, it used to be, when we talked during the debate, $2.5 trillion, right, when the most elegant person — right? I call him Mr. Elegant. I mean, that was a great debate. We did such a great job. But at that time I was talking $2.5 trillion. I guess it’s $5 trillion now. Whatever it is, it’s a lot more. So we have anywhere from 4 [trillion] to 5 or even more trillions of dollars sitting offshore.
We want to get that back, No. One, at a very reasonable cost. And that cost is going to be 10 percent. And right now, it’s so high that, No. One: You would never do it on a business basis. But, No. Two: Bureaucratically it’s impossible. Did you know that? I have friends that try and get their money back. They say they have to go through years of writing out forms and this and that to bring money back into the country. We’re going to make that one — like a half-a-page document. It’s going to be very easy to bring your money back in. And it’s going to be taxed at 10 percent, which is a rate that’s — it’s within reason. And so that’s one of the things we want to do. That’ll be an easy one. That’s one that — you know, it’s — when you talk about a country that’s broken or a system that’s broken, there’s something — the $5 trillion, let’s call it — that the Democrats and the Republicans agree should come back in. It’s been out there for years. Nobody ever did anything about it. I mean, Obama ...
WSJ: Well –
TRUMP: Obama could have gotten that money back in very easily, even if they did a separate bill. But nobody ...
BAKER: Right. But a 10 percent corporate rate, that’s ...
TRUMP: Ten percent.
WSJ: Ten percent repatriation.
BAKER: Repatriation rate.
WSJ: A repatriation rate. A 10 percent repatriation rate.
WSJ: What do you think is a reasonable corporate rate? We’ve heard 20 percent, but —
TRUMP: Well, you know, we’re going for 15 [percent]. We’re going to see, and we’ll see. But, you know, I don’t want to say anything about negotiation. I mean, we are asking for 15 percent, and we think we’re going to grow tremendously.
So I deal with foreign countries, and despite what you may read, I have unbelievable relationships with all of the foreign leaders. They like me. I like them. You know, it’s amazing. So I’ll call, like, major — major countries, and I’ll be dealing with the prime minister or the president. And I’ll say, how are you doing? Oh, don’t know, don’t know, not well, Mr. President, not well. I said, well, what’s the problem? Oh, GDP 9 percent, not well. And I’m saying to myself, here we are at like 1 percent, dying, and they’re at 9 percent and they’re unhappy. So, you know, and these are like countries, you know, fairly large, like 300 million people. You know, a lot of people say — they say, well, but the United States is large. And then you call places like Malaysia, Indonesia, and you say, you know, how many people do you have? And it’s pretty amazing how many people they have. So China’s going to be at 7 [percent] or 8 percent, and they have a billion-five, right? So we should do really well.
But in order to do that — you know, it’s tax reform, but it’s a big tax cut. But it’s simplification, it’s reform, and it’s a big tax cut, 15 –
BAKER: And on the personal side, the Treasury secretary back – way back at the start of the administration said –
TRUMP: Yeah, we want to do personal.
BAKER: Yeah, want to do personal taxes and want to make – so whatever cuts in the rates that there are – the marginal rates there are will be balanced by the reduction in deductions, so that the people who benefit from especially at the high end would not – overall would not be net beneficiaries of tax cuts, right?
TRUMP: Right. Yeah, that’s – we don’t want –
BAKER: And that’s still the aim? That’s still very much the aim?
TRUMP: So I shouldn’t say it with everybody in the room, especially Gary, but – (laughter) – this is –
MR. : Yeah, let’s all worry about me.
TRUMP: The truth is the people I care most about are the middle-income people in this country who have gotten screwed. And this upward revision, it’s going to be on high-income people.
You know, I was with Bob Kraft the other night. He came to have dinner with me. He’s a friend of mine. And as he left, he said, Donald, don’t worry about the rich people. Tax the rich people. You got to take care of the people in the country. It was a very interesting statement. I feel the same way.
Edited by koods (12/04/17 06:15 PM)
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