The whole world knows that the 2016 U.S. Presidential Elections is now approaching. Needless to say, its citizens have been seeing the 2016 Candidates in both television and internet. And along with their faces and so-called reputations, each candidate has his and her own set of economic platforms. However, will these economic platforms stand, or it will just remain as a promise?
Cutting the introductory remarks short, these are the five 2016 Presidential Candidates and their economic platforms:
- Hillary Clinton (Democratic Party) – Being the wife of former President Bill Clinton, Hillary isn’t just a Presidential housewife like Michelle Obama; has her own set of achievements, too. Aside from being a Senator, she had also become a Secretary of State. One of her economic platforms is that she promises to offer a tax cut to both middle class and small businesses, aside from a balanced budget.
- Donald Trump (Republican Party) – Being the most controversial candidate for this election, Donald Trump’s background as a top-class businessman, entrepreneur and investor definitely says a lot about him. Endorsed by Sarah Palin last January, he promises to eliminate outsourcing in order to give jobs to his fellowmen, therefore reducing unemployment rates.
- Ted Cruz (Republican Party) – The Presidential Candidate promises to tax all income at 10 percent rating and eliminate the estate tax. However, if this is done, the country debt will definitely increase by $768 billion for the next ten years.
- Marco Rubio (Republican Party) – Just like Ted Cruz, Rubio promises to remove the Estate Tax along with the taxes gained via dividends and capital gains. And just like Donald Trump, he also promises to remove Obamacare.
- Bernie Sanders (Democratic Party) – Instead of removing Obamacare, Bernie Sanders promises to convert it to an expanded Medicare program, along with an increased Social Security program.