Interview · moment 26 of 28
Trump as the American Cincinnatus and a Third Term Fantasy
from Steve Bannon Emergency Podcast | The Tim Dillon Show #433 · #433
5 min
Guest
Bannon frames Trump's return from Mar-a-Lago as a Cincinnatus-like act of courage, ranks him among the greatest Americans ever, and floats the idea of Trump serving beyond two terms.
- A guy like Trump comes along once a century, like the one they had in the 18th century.
- The next three or four months will be a firestorm in Congress about spending and taxes.
- Tim asks where the tax bracket should start before supporting the plan.
- Top earners would see their tax cuts expire unless extended, reverting to 39% rates.
- Tax exemptions for tips, overtime, first responders, military veterans, and right-wing podcasters add up to another trillion-dollar gap.
- The wealthy and oligarchs need to help cut spending or face higher taxes themselves.
- Financial transaction taxes and killing carried interest should be on the table.
- 50% of Republican voters and Trump supporters now agree that taxing the wealthy is necessary to close the deficit gap.
- Tim paid high California taxes but questions what that money was actually funding when seeing homelessness in parks.
- He's not for higher taxes but for fiscal sanity and proper use of public funds.