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Podcast: 李老師陪你探索英文世界 Exploring English with Ms. Lee
Episode: Bonus: 華爾街日報podcast導聽
Description: During Trump’s first term, he promised to speed up economic growth, and that he did. Before he took office, the economy was steadily growing at a rate of 2% a year. He was able to increase it to 2.5%. This was before the pandemic. And how did Trump achieve that?
He removed many regulations introduced by Obama.
He cut corporate tax from 35% to 21%. Before he did that, US corporate tax was higher than many European countries, which was why many American companies moved their headquarters to Europe. By cutting corporate tax, Trump hoped to bring companies back. Th...