President Trump
👤 PersonAppearances Over Time
Podcast Appearances
Oh, that's okay. Keeps it interesting.
Oh, that's okay. Keeps it interesting.
Got to meet them for the first time at your house and terrific, terrific. They did well. They might have started the whole thing. I don't know. I don't know if that court case was proper, but they were very nice, both of them. Absolutely. Really nice guys.
Got to meet them for the first time at your house and terrific, terrific. They did well. They might have started the whole thing. I don't know. I don't know if that court case was proper, but they were very nice, both of them. Absolutely. Really nice guys.
So I'd say regulation, regulation and taxes. Okay. You know, I gave the biggest tax cut in the history of our country and a lot to business. It took them down from, look, as you know, they were paying people, companies were paying 40%, 45%, including state and city taxes in many cases. And we got it down to 21%. We'd like to get it down lower, actually, but we got it down.
So I'd say regulation, regulation and taxes. Okay. You know, I gave the biggest tax cut in the history of our country and a lot to business. It took them down from, look, as you know, they were paying people, companies were paying 40%, 45%, including state and city taxes in many cases. And we got it down to 21%. We'd like to get it down lower, actually, but we got it down.
And the revenues were better than ever, even with the lower rate. We had record revenues, which tells you a little bit about that, but also the regulations. And when I asked a lot of people, a lot of big people, a lot of corporate types, big corporate types, I said, have you had your choice between just the taxes or just the regulations? Where did I do better, he said, the regulations.
And the revenues were better than ever, even with the lower rate. We had record revenues, which tells you a little bit about that, but also the regulations. And when I asked a lot of people, a lot of big people, a lot of corporate types, big corporate types, I said, have you had your choice between just the taxes or just the regulations? Where did I do better, he said, the regulations.
I was the biggest cutter of, in four years, I cut more regulations than anybody by four, by far, not even close. And when I spoke to different people about the regulation versus the taxes, I don't think I've ever had anybody say, and the taxes were a massive cut, from 37, 38%, if you look at it just there,
I was the biggest cutter of, in four years, I cut more regulations than anybody by four, by far, not even close. And when I spoke to different people about the regulation versus the taxes, I don't think I've ever had anybody say, and the taxes were a massive cut, from 37, 38%, if you look at it just there,
to 21%, I don't think I ever had anybody say that the taxes were more important than the regulation cuts. I made it possible to build. I made it possible to do things, to invest. I was able to get companies with a lot of money outside of the USA to bring that money back in. You know, we cut the rate. And it was crazy. The rate was like 55%.
to 21%, I don't think I ever had anybody say that the taxes were more important than the regulation cuts. I made it possible to build. I made it possible to do things, to invest. I was able to get companies with a lot of money outside of the USA to bring that money back in. You know, we cut the rate. And it was crazy. The rate was like 55%.
So that means if they bring the money back, they lose half their money before they even start. But it was also impossible from a standpoint, a structural standpoint, a legal standpoint. It was very hard. And they were able to bring back, I mean, Apple's an example. They brought hundreds of billions of dollars back from other countries into the United States and invested it here.
So that means if they bring the money back, they lose half their money before they even start. But it was also impossible from a standpoint, a structural standpoint, a legal standpoint. It was very hard. And they were able to bring back, I mean, Apple's an example. They brought hundreds of billions of dollars back from other countries into the United States and invested it here.
So but it's very interesting because I asked the question all the time, which was more important? And almost everybody said I did an even better job. And I got the biggest tax cuts, the biggest tax cuts, bigger than the Reagan tax cuts. But they found regulations and the regulation cuts were even more effective. And that's where we had the great economy.
So but it's very interesting because I asked the question all the time, which was more important? And almost everybody said I did an even better job. And I got the biggest tax cuts, the biggest tax cuts, bigger than the Reagan tax cuts. But they found regulations and the regulation cuts were even more effective. And that's where we had the great economy.
And that's where we had the most jobs ever produced.
And that's where we had the most jobs ever produced.
Well, they don't understand it. And it's such an interesting question because you look at some of these places like Chicago and New York and LA and so many more. I'd hate to even mention the three because there are worse examples than that. You look at what's happened in Oakland and you look at what's happened into some cities that are disappearing. I mean, they're literally just crime waves.
Well, they don't understand it. And it's such an interesting question because you look at some of these places like Chicago and New York and LA and so many more. I'd hate to even mention the three because there are worse examples than that. You look at what's happened in Oakland and you look at what's happened into some cities that are disappearing. I mean, they're literally just crime waves.