President Trump’s best legislative and executive branch policy guide is to look to his past to guide his future legacy. His successful past as creator and builder: creating the Trump brand, creating Trump Tower and other Trump properties, and creating “The Apprentice” TV series where he discovered and built emerging business talent.
Trump’s recent defeat in the House of Representatives on the creation of a new Republican healthcare system designed to overturn Obamacare is a piece of good news for Trump’s legacy. His actions now should diverge away from destroying any of the policy and legislative actions of the Obama administration (primarily Obamacare) and look to how he can create and build value through actions from the federal government.
On the immediate legislative side, corporate tax reform and infrastructure are two areas where he possesses strong bipartisan consensus and could easily get legislation passed. In addition, he can create another immediate legacy win with a 50 percent reduction in federal taxes by allowing United States corporations to return their overseas profits to the U.S. Furthermore, he could reduce the corporate tax rate to “re-shoring” overseas profits if firms dedicate these funds to research and development, job creation, or additional capital projects in the U.S. Job creation, infrastructure building, tax reform, and re-shoring overseas profits to the U.S. are all major legacy actions that he could take.
Read the rest of the piece at OpsLens.
Chad Storlie is an OpsLens Contributor and retired Lieutenant Colonel with 20-plus years of Active and Reserve service in infantry, Special Forces, and joint headquarters units.
If you would like to write an op-ed for the Washington Examiner, please read our guidelines on submissions here.
