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It has long been suggested that former President Donald Trump will try another run at the White House in 2024. After all, he’s only served one term so far and many, including himself, still claim that he was cheated out of his second consecutive one.
However, as you well know, the famed businessman has yet to make any such announcements – and for good reason.
As his son, Eric Trump, and others have mentioned, announcing his intentions to run for the Oval Office again this soon, or at this current moment, would likely lead to disaster, or at least a lot more drama and heartache than anyone cares to go through. Doing so now would give his would-be opponents on both sides of the fence plenty of time to put together some sort of attack that just may end up crippling his chances of winning, as well as paint a target on the backs of his supporters.
Additionally, before the start of most 2022 midterm elections for Congress, doing so now may only hurt the Republican Party and the possibility that they can regain control of both Upper and Lower houses, as it would be a major distraction.
And so, the consensus is that Donald Trump is simply biding his time and waiting until the opportune moment to announce his plans.
This seemed to only be confirmed this week, as the former president dropped what appeared to be a major hint about his plans for 2024.
The comment arose as Congressional Democrats have just put forward yet another tax-related bill that, if passed, would help to pay for their massive and excessive spending bills. It’s called the “billionaires income tax” and would seek to apply a 23.8 percent capital gains tax for publicly traded assets held by those with at least $1 billion in assets or $100 million in income for three years running. It is estimated that roughly 700 individuals fall into this category in the U.S.
Democratic Senator and Senate Finance Committee Chairman Ron Wyden of Oregon tweeted shortly after proposing the bill on Wednesday, “There are two tax codes in America. One that’s mandatory for workers and one that’s voluntary for billionaires. We have a historic opportunity with the Billionaires Income Tax to restore fairness to our tax code. I’m all in to get it done.”
Naturally, the proposed bill has garnered quite a bit of pushback from the top one percent, such as Tesla’s CEO Elon Musk, who stands to lose about $10 billion every year to the tax if it is passed.
But as much as Musk and others may not like the bill, Trump points out that it will likely do little good or have the intended effect Congress is looking for.
Why? Well, because as billionaires, these individuals have the means to avoid it, and now a sound reason.
Trump says that many may just choose to leave the United States entirely, seeking out less tax-heavy countries such as Switzerland to call home.
In a statement posted to his “Save America” website on Wednesday, Trump said, “What country will be the primary beneficiary from a ‘Billionaires Tax,’ or Wealth Tax? Where will wealthy people and companies move to, leaving the United States high and dry? Most don’t need to be in the U.S. anyway. I know all those very smartly ran countries, and they are all thrilled by what the Radical Left maniacs are doing in Congress.”
Then Trump suggested that he himself had even contemplated leaving the U.S. for safer tax countries, except that he wouldn’t then be allowed to run for president, would he?
“I just wonder, will I be allowed to run for president again if I move to another country? No, I guess I’ll just stick it out, but most others won’t.”
Clearly, this isn’t a full-fledged announcement about his intentions for 2024. However, it’s undoubtedly a major hint – and one that has Democrats pretty much shaking in their boots.
As Democratic pollster Rachel Bitecofer told The Hill recently, “Nobody should think (Trump) would be a weak nominee.” And with Biden unable to put together a complete sentence, the latter wouldn’t stand a chance against the likes of someone like Trump.