NewsOne Now Audio Podcast: Donald Trump’s Economic Plan Is ‘George Bush’s Tax Plan Rehashed,’ LA Settles Reverse Discrimination Suit With Racist Disgraced Former LAPD Detective

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NewsOne Now Guests Shred Trump’s Economics Plan

Donald Trump says his tax and jobs plan is the plan of an outsider with new ideas.

The GOP presidential nominee claims he wants to reshape America’s tax system and reduce the number of income brackets to three. He outlined his proposal to a crowd gathered in Detroit on Monday.

Female protesters interrupted Trump at least 14 times, calling out his treatment of women as security escorted them outside the venue. In between the outbursts, Trump explained his plan to those in attendance and the nation.

The self-proclaimed billionaire proposed to cut the tax rate on the rich to 33 percent, make child care deductible, end the estate tax, and cap corporate taxes at 15 percent.

Trump would also like to renegotiate the North American Free Trade Agreement with Mexico and reject the Trans-Pacific Partnership (TPP).

Critics have lambasted The Donald’s economic play with an astounding thumbs-down.

Analysts say the plan adds at least $8 trillion to the national debt and would probably hurt the economy significantly and kill jobs.

Dr. William Spriggs, Chief Economist for the AFL-CIO, said Trump’s plan for the American economy is “sort of George W. Bush’s tax plan rehashed.”

$50,000 Payout To Racist LAPD Cop Shines Spotlight On Systemic Problem

former Los Angeles Police Department detective was awarded $50,000 as part of a settlement with the city.

Frank Lyga alleges he lost his job after being “wrongfully perceived to be racist.” This from the same man who shot and killed fellow LAPD Officer and Black man Kevin Gaines in 1997.

Lyga was found to be acting in self-defense during a road rage confrontation and claimed he didn’t know Gaines was a cop.

During a training seminar 16 years later, Lyga was recorded making racist comments about shooting Kevin Gaines.

On Tuesday’s edition of NewsOne Now, Jasmyne Cannick, the journalist who initially broke the story on Lyga’s derogatory remarks about the shooting death of Gaines, spoke about the $50,000 reverse discrimination settlement.

When Is The Perfect Time To Refinance Your Home?

Astute homeowners reacted quickly when interest rate percentages fell last month following Britain’s vote to leave the European Union.

According to America’s Wealth Coach, Deborah Owens, mortgage rates are lower this year than they were in 2015. That leads us to the question: Is now the right time to refinance your home?

Before you head down to the bank or call your mortgage lender, Owens talked with NewsOne Now host Roland Martin about her list of savvy refinancing strategies.

The financial guru’s list included:

  • Only refinance when you know you can lower the interest rate.
  • Refinance if you can reduce the length of the loan.
  • Take advantage of the “streamline option.” This option allows current mortgagors to lessen paperwork and avoid some of the closing costs.

All that and more in this special edition of the NewsOne Now Audio Podcast

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