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The Trump Files: Donald Told Congress the Reagan Tax Cuts Were Terrible

Mother Jones

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Until the election, we’re bringing you “The Trump Files,” a daily dose of telling episodes, strange-but-true stories, or curious scenes from the life of presumptive GOP nominee Donald Trump.

Donald Trump loves to (falsely) complain at his rallies and speeches that America is “the highest-taxed country in the world.” His tax plan would slash income tax rates and deliver huge savings to the richest Americans. But he wasn’t always a fan of trickle-down, supply-side tax cuts.

In 1991, Trump told the House Budget Committee’s Subcommittee on Urgent Fiscal Matters that President Ronald Reagan had screwed up with his 1986 tax cuts, which cut the highest income tax rates nearly in half, from 50 percent to 28 percent.

“In the real estate business we’re in an absolute depression, and one of the reasons we’re there is what happened in 1986,” he said. “Something has to be done. It has to be brought back. It has to be reformed.”

Trump contended that the low income tax rates took away rich people’s reason to invest and that the economy as a whole suffered as a result. He recommended a return to much higher rates for the rich, arguing that they cause more people to invest in real estate. But he didn’t quite explain why that would happen. “The fact is that 25 percent for high-income people—for high-income people—it should be raised substantially,” he said. “I say leave the middle, leave the low—lower ’em. But people with money have to have the incentive.”

A tax rate of 25 percent (which Trump erroneously thought was the top income tax rate at the time) is now the maximum income tax rate that Trump calls for in his 2016 tax plan.

Read the rest of “The Trump Files”:

Trump Files #1: The Time Andrew Dice Clay Thanked Donald for the Hookers
Trump Files #2: When Donald Tried to Stop Charlie Sheen’s Marriage to Brooke Mueller
Trump Files #3: The Brief Life of the “Trump Chateau for the Indigent”
Trump Files #4: Donald Thinks Asbestos Fears Are a Mob Conspiracy
Trump Files #5: Donald’s Nuclear Negotiating Fantasy
Trump Files #6: Donald Wants a Powerball for Spies
Trump Files #7: Donald Gets An Allowance
Trump Files #8: The Time He Went Bananas on a Water Cooler
Trump Files #9: The Great Geico Boycott
Trump Files #10: Donald Trump, Tax-Hike Crusader
Trump Files #11: Watch Donald Trump Say He Would Have Done Better as a Black Man
Trump Files #12: Donald Can’t Multiply 16 and 7
Trump Files #13: Watch Donald Sing the “Green Acres” Theme Song in Overalls
Trump Files #14: The Time Donald Trump Pulled Over His Limo to Stop a Beating
Trump Files #15: When Donald Wanted to Help the Clintons Buy Their House
Trump Files #16: He Once Forced a Small Business to Pay Him Royalties for Using the Word “Trump”
Trump Files #17: He Dumped Wine on an “Unattractive Reporter”
Trump Files #18: Behold the Hideous Statue He Wanted to Erect In Manhattan
Trump Files #19: When Donald Was “Principal for a Day” and Confronted by a Fifth-Grader
Trump Files #20: In 2012, Trump Begged GOP Presidential Candidates to Be Civil
Trump Files #21: When Donald Couldn’t Tell the Difference Between Gorbachev and an Impersonator
Trump Files #22: His Football Team Treated Its Cheerleaders “Like Hookers”
Trump Files #23: The Trump Files: Donald Tried to Shut Down a Bike Race Named “Rump”
Trump Files #24: When Donald Called Out Pat Buchanan for Bigotry
Trump Files #25: Donald’s Most Ridiculous Appearance on Howard Stern’s Show
Trump Files #26: How Donald Tricked New York Into Giving Him His First Huge Deal

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The Trump Files: Donald Told Congress the Reagan Tax Cuts Were Terrible

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Study Predicts Massive Tree Die-Off in the Southwestern US

A recent study has warned that the American Southwest may be facing a massive tree die-off as a result of climate change. The study, published in Nature Climate Change, examined the effects of anticipated climate change patterns on the coniferous forests of the Southwest. Unfortunately, researchers found that if global temperatures continue to rise as anticipated by scientists, it could spell disaster for these breathtaking natural landscapes.

Theforecastedtree die-off

Researchers simulated global temperature increases and examined their effects on trees. They simulated both an extreme scenario and a more moderate 2-degree rise in global temperatures, which is the current goal suggested by climate scientists to avoid catastrophic changes to the planetary ecosystem. Unfortunately, their findings showed that even if we do limit temperature increases to 2 degrees Celsius, it will only delay tree die-off by about a decade.

The extent to which we may lose our Southwestern forests will be based both on the current drought that is plaguing the region and the temperature increases were expected to face. The Washington Post explains that the drought will cause plants to close their stomata in order to retain water, depriving themselves of carbon.

Plants cant survive in a state of carbon deprivation, nor can they survive without adequate water. Scientists are anticipating that the problem will be detrimental to the health of the forests. According to the paper, 72 percent of Southwestern forests will die off by 2050, a mortality rate that is expected to hit 100 percent by 2100.

Why are trees important?

Trees are beneficial for both human health and that of the planet. A study published in the journal Environmental Pollution found that the presence of trees was responsible for preventing 670,000 annual cases of acute respiratory symptoms in the U.S. alone, primarily because our countrys trees absorbed 17.4 tonnes of air pollution. Based on that figure, scientists predict that investing in treesparticularly in polluted urban areascould save the country about $7 billion in annual health care costs.

However, our own respiratory health isnt the only reason we need trees. Trees, like all plants, sequester carbon and as most of us know by now, we need as much help as we can get when it comes to keeping atmospheric carbon levels balanced. American Forests notes that a single tree can sequester 48 pounds of carbon each year. Considering that the earth is populated by approximately 3 trillion trees, thats a staggering potential for atmospheric carbon reduction.

What can you do to help?

Unfortunately, the predicted tree die-off is bigger than any one of us. If were to prevent these kinds of die-offs from occurring, we need to focus on keeping global temperature increases under the 2-degree mark. Supporting reductions in carbon emissions, reducing our personal carbon footprints and making trees a priority in our communities is the best way to help. Here are a few ideas:

Support policymakers who put climate change action at the top of their priority lists.
Reduce your carbon footprint by using fewer resources in your own life, whether that means taking public transportation, upgrading your home to be more energy-efficient, or downsizing to minimize your households energy usage.
Conservewater. The Southwests current drought is no joke. Conserve water in your own home and throughout your day.
Get involved in your community. Development committees are responsible for deciding upon things like whether or not a new community will be dense and walkable or far-reaching and sprawly. The former reduces the need for carbon-emitting cars while conservingland for trees and wildlife. Your local community could also support the environment by planting more trees, encouraging sustainable landscaping and incentivizing the use of rainwater collection barrels or green rooftops.

Related
Climate Change is Putting Your Favorite Foods at Risk
How to Eat Vegan Without Feeling Deprived
How Do Animals Communicate?

Disclaimer: The views expressed above are solely those of the author and may not reflect those of Care2, Inc., its employees or advertisers.

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Study Predicts Massive Tree Die-Off in the Southwestern US

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