DeSanctinomics: Higher Taxes, Rising Costs, and Putting America Last
July 31, 2023
Today, Ron DeSanctimonious recited his DeSanctinomics plan before tens of people.
If it sounded awfully familiar, it’s because virtually everything he said was plagiarized from President Trump’s playbook for an America First economic agenda that built the World’s strongest economy twice.
Even Ron’s so-called “Declaration of Economic Independence” was lifted word-for-word from one of President Trump’s speeches from June 2016.
While DeSantis continues to cosplay as President Trump, his economic record is crystal clear: Ron called for a new 23% national sales tax hike, opposed President Trump’s tough-on-China tariffs, and has led Florida to massive price hikes.
DeSantis Wants to Raise Taxes on Americans, While President Trump Cut Taxes
The Tax Policy Center found that Ron DeSantis’ “Fair Tax Act,” would have raised taxes on working, middle-class families.
Ron DeSantis Supported Obama’s Globalist Trans Pacific Partnership, But Opposed President Trump’s America First Tariffs on China
In 2015, DeSantis voted to fast-track Obama’s globalist trade deal known as the “Trans Pacific Partnership.”
DeSantis also voted against the TAA (trade adjustment assistance) that would have provided American workers displaced by foreign trade agreements with job training and services.
When President Trump stood up to China in order to protect American farmers from Chinese retaliation, Ron DeSantis opposed.
“I’m not somebody that advocates tariffs. I want to have lower barriers and I want to have free trade,” DeSantis said in a 2018 Fox Business interview.
In a separate interview, DeSantis said, “I think that’s part of it, and I think China – and [President Trump] has been tough on China, and I think it’s been well documented, some of their practices. And I think those need to be addressed - whether tariffs are the best way or not, I mean we can debate that.”
DeSantis recently flip-flopped on the issue, now saying that he supports President Trump’s tough-on-China tariffs, which ensured fair and reciprocal trade for American workers.
Ron DeSantis’ Mismanagement Caused Record High Insurance Rates for Everyday Floridians
Since Ron DeSantis took office, Florida car insurance premiums have increased nearly 25% —making Florida the most expensive state in the nation to insure a car.
At the same time, Florida now faces a home insurance crisis—with several major insurers fleeing the state. Florida home insurance premiums have surged 206% since DeSantis took office in 2018.
However, the record-setting high insurance costs haven’t stopped Ron from raking in over $3.9 million from the insurance industry.
Under President Trump, America was roaring with the No. 1 fastest economic recovery ever recorded.
On President Trump’s last day in office, GDP was growing at 6.3 percent, inflation was 1.4 percent, the price of gasoline was $2.39 a gallon.
President Trump created 7 million new jobs—triple the projections. These new high-paying jobs led to the lowest unemployment rate in nearly 50 years. Income rose in every single metropolitan area for the first time in three decades.
Unemployment rates for African Americans, Hispanic Americans, Asian Americans, Native Americans, veterans, individuals with disabilities, women, and those without a high school diploma all reached record lows.
President Trump reformed the tax code to better serve middle-class families. The Trump administration doubled the standard deduction, making the first $24,000 a married couple earns completely tax-free.
President Trump’s economic policies lifted nearly 7 million people off of food stamps.
The Trump administration achieved a record high stock market and record 401ks. Under President Trump, the DOW closed above 20,000 for the first time in 2017 and topped 30,000 in 2020. The S&P 500 and NASDAQ repeatedly notched record highs.
President Trump’s tariffs on imported aluminum and steel secured massive wage hikes for over 16,000 American steelworkers.
President Trump successfully negotiated a deal requiring China to purchase an additional $200 billion worth of United States exports.
Under President Trump, blue-collar jobs grew at the fastest rate in more than 30 years, helping fuel a hiring boom in many small towns and rural areas.
Rural employment grew at an annualized rate of 5.1 percent in the first quarter of 2018, adding over 656,000 blue-collar jobs in 2018.
President Trump’s vision for America’s economic revival is lower taxes, bigger paychecks, and more jobs for American workers.