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Others have specific issues, from womens rights to the environment, they feel strongly about.
And some will vote, almost exclusively, withtheir financial well-being in mind.
Thats far more likely if Trump is in the White House.
The TCJA also raised the standard deduction, which encouraged people not to itemize.
Itemized deductions can help with tax avoidance, which is a way to legally reduce your tax bill.
The TCJA also increased the Child Tax Credit and introduced other changes benefiting middle- and upper-middle-income taxpayers.
The TCJA introduced a flat corporate tax rate of 21% and other benefits to larger businesses.
It increases business investment and hiring.
The more capital you have, the more youre able to grow.
When companies grow, the U.S. economy as a whole grows.
That can increase productivity, cost savings, and potentially jobs or job creation.
Opening the pipeline created 48,000 jobs, according to Trump.
Gas prices were lower.
Inflation Control
Oil and fuel prices are just one factor related to inflation rates.
Obviously, at the end of the day, its all in the hands of the Federal Reserve.
But a different administration could focus on reducing costs for businesses and mitigating inflation indirectly.
From that pure economic standpoint, that would be my opinion, Ambrose concluded.
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