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Published On: Wed, Aug 10th, 2016

TRANSCRIPT: Donald Trump’s economic, tax plan speech in Detroit

In a speech in Detroit, Trump laid out his tax plan.

Donald Trump gave a major economic speech on Monday at the Detroit Economic Club. He outlined his tax plan, including how he’d cut corporate taxes. Below you can read the full transcript of the speech, entitled “An America First Economic Plan: Winning the Global Competition.”

Thank you for the invitation to speak to you today. It’s wonderful to be in Detroit. We now begin a great national conversation about economic renewal for America. It’s a conversation about how to Make American Great Again for everyone, and especially those who have the very least.

The City of Detroit Is Where Our Story Begins

Detroit was once the economic envy of the world. The people of Detroit helped power America to its position of global dominance in the 20th century.

photo/ Mary Pahlke via pixabay

photo/ Mary Pahlke via pixabay

When we were governed by an America First policy, Detroit was booming. Engineers, builders, laborers, shippers and countless others went to work each day, provided for their families, and lived out the American Dream.

But for many living in this city, that dream has long ago vanished.

When we abandoned the policy of America First, we started rebuilding other countries instead of our own. The skyscrapers went up in Beijing, and in many other cities around the world, while the factories and neighborhoods crumbled in Detroit. Our roads and bridges fell into disrepair, yet we found the money to resettle millions of refugees at taxpayer expense.

Today, Detroit has a per capita income of under $15,000 dollars, about half of the national average. 40 percent of the city’s residents live in poverty, over two-and-half times the national average. The unemployment rate is more than twice the national average. Half of all Detroit residents do not work.

Detroit tops the list of Most Dangerous Cities in terms of violent crime – these are the silenced victims whose stories are never told by Hillary Clinton, but victims whose suffering is no less real or permanent.

In short, the city of Detroit is the living, breathing example of my opponent’s failed economic agenda. Every policy that has failed this city, and so many others, is a policy supported by Hillary Clinton.

She supports the high taxes and radical regulation that forced jobs out of your community…and the crime policies that have made you less safe…and the immigration policies that have strained local budgets…and the trade deals like NAFTA, signed by her husband, that have shipped your jobs to Mexico and other countries… and she supports the education policies that deny your students choice, freedom and opportunity.

photo/ Pete Linforth via pixabay

photo/ Pete Linforth via pixabay

She is the candidate of the past.

Ours is the campaign of the future.

This is a city controlled by Democratic politicians at every level, and unless we change policies, we will not change results.

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