- 2 months ago
Strategic Fiscal Populism and the Re-Engineering of the American Tax Code: An Analysis of the 2026 Tax Week Roundtable and the One Big Beautiful Bill Act in Las VegasThe intersection of executive fiscal policy, regional labor dynamics, and geopolitical stressors reached a decisive point on April 16, 2026, as President Donald Trump convened a high-stakes roundtable at the AC Hotel Las Vegas Symphony Park. This event, strategically timed to coincide with the culmination of "Tax Week," served as a multifaceted platform to promote the administration’s legislative cornerstone, the One Big Beautiful Bill Act (OBBBA). The visit underscored a significant shift in the Republican economic paradigm, moving from the broad corporate incentives of the 2017 Tax Cuts and Jobs Act (TCJA) toward a more targeted, populist reconfiguration of the internal revenue code designed to resonate with the service and hourly labor sectors. However, this "victory lap" was conducted against a backdrop of complex economic contradictions, including the inflationary pressures of an ongoing war in Iran, a controversial modification to gambling loss deductions, and a widening rift with Nevada’s traditional power centers in the gaming and labor industries.The Macroeconomic Context of the 2026 Tax Week VisitThe economic environment of April 2026 was characterized by a profound tension between the administration’s narrative of a "booming" economy and the localized realities of energy-driven inflation. Central to this tension was the ongoing military conflict in Iran, which the President characterized as proceeding "swimmingly" toward a "perfect" conclusion, yet which had undeniably disrupted global oil markets and domestic energy costs. In Las Vegas—a city where the financial lifeblood depends on the disposable income of visitors and the mobility of a commuter workforce—the impact of $5-per-gallon gasoline created a significant hurdle for the administration’s celebratory messaging regarding tax refunds.Energy Volatility and the Consumer Price IndexThe administration’s defense of its economic record relied heavily on the assertion that inflationary pressures, particularly in the energy sector, were temporary disruptions caused by the necessity of national security operations abroad. Treasury Secretary Scott Bessent, who accompanied the President to the Las Vegas roundtable, posited that the current price spikes were a "temporary disruption" and predicted that costs for oil and food would normalize by the summer of 2026. Despite these assurances, the localized impact in Nevada was stark. Gasoline prices in the Las Vegas metropolitan area averaged $5 per gallon in April 2026, representing a 28% increase from the previous year.The following table contextualizes the economic indicators relevant to the Nevada workforce during the 2026 Tax Week promotion:Economic IndicatorApril 2025 ValueApril 2026 ValuePercentage ChangeAverage Regular Gasoline (NV)$3.91$5.00+27.9%Average Diesel Fuel (NV)$4.8
Category
🗞
NewsTranscript
00:00:00.
00:00:30.
00:01:00.
00:01:30.
00:02:00.
00:02:30.
00:02:30.
00:02:30.
00:02:31.
00:02:33.
00:02:37.
00:02:38.
00:02:39.
00:02:39.
00:02:40.
00:02:42.
00:02:46.
00:02:47.
00:02:48.
00:02:48.
00:02:49.
00:02:51.
00:02:55.
00:02:56.
00:02:57.
00:02:57.
00:02:58.
00:02:59.
00:03:03.
00:03:05.
00:03:05.
00:03:05.
00:03:07.
00:03:08.
00:03:12.
00:03:14.
00:03:14.
00:03:14.
00:03:15.
00:03:17.
00:03:21.
00:03:22.
00:03:23.
00:03:23.
00:03:24.
00:03:26.
00:03:30.
00:03:31.
00:03:32.
00:03:32.
00:03:33.
00:03:35.
00:03:39.
00:03:40.
00:03:41.
00:03:41.
00:03:42.
00:03:42.
00:03:43.
00:03:44.
00:04:14.
00:04:44.
00:05:14.
00:05:44.
00:06:14.
00:06:14.
00:06:14.
00:06:16.
00:06:17.
00:06:21.
00:06:23.
00:06:23.
00:06:23.
00:06:24.
00:06:26.
00:06:30.
00:06:31.
00:06:32.
00:06:32.
00:06:33.
00:06:35.
00:06:39.
00:06:40.
00:06:41.
00:06:41.
00:06:42.
00:06:44.
00:06:48.
00:06:49.
00:06:50.
00:06:50.
00:06:51.
00:06:52.
00:06:56.
00:06:58.
00:06:58.
00:06:58.
00:07:00.
00:07:01.
00:07:05.
00:07:07.
00:07:07.
00:07:07.
00:07:08.
00:07:10.
00:07:14.
00:07:15.
00:07:16.
00:07:16.
00:07:17.
00:07:19.
00:07:23.
00:07:24.
00:07:25.
00:07:25.
00:07:26.
00:07:28.
00:07:32.
00:07:33.
00:07:34.
00:07:34.
00:07:35.
00:07:36.
00:07:40.
00:07:42.
00:07:42.
00:07:42.
00:07:44.
00:07:45.
00:07:49.
00:07:51.
00:07:51.
00:07:51.
00:07:52.
00:07:54.
00:07:58.
00:07:59.
00:08:00.
00:08:00.
00:08:01.
00:08:03.
00:08:07.
00:08:08.
00:08:38.
00:09:08.
00:09:38.
00:10:08.
00:10:38.
00:10:39.
00:10:39.
00:10:40.
00:10:42.
00:10:46.
00:10:47.
00:10:48.
00:10:48.
00:10:49.
00:10:50.
00:10:54.
00:10:56.
00:10:56.
00:10:56.
00:10:58.
00:10:59.
00:11:03.
00:11:05.
00:11:05.
00:11:05.
00:11:06.
00:11:08.
00:11:12.
00:11:13.
00:11:14.
00:11:14.
00:11:15.
00:11:17.
00:11:21.
00:11:22.
00:11:23.
00:11:23.
00:11:24.
00:11:26.
00:11:30.
00:11:31.
00:11:32.
00:11:32.
00:11:33.
00:11:34.
00:11:38.
00:11:40.
00:11:40.
00:11:40.
00:11:42.
00:11:43.
00:11:47.
00:11:49.
00:11:49.
00:11:49.
00:11:50.
00:11:52.
00:11:56.
00:11:57.
00:11:58.
00:11:58.
00:11:59.
00:12:01.
00:12:05.
00:12:06.
00:12:07.
00:12:07.
00:12:08.
00:12:10.
00:12:14.
00:12:15.
00:12:45.
00:13:15.
00:13:45.
00:14:15.
00:14:45.
00:14:46.
00:14:46.
00:14:47.
00:14:48.
00:14:52.
00:14:54.
00:14:54.
00:14:54.
00:14:56.
00:14:57.
00:15:01.
00:15:03.
00:15:03.
00:15:03.
00:15:04.
00:15:06.
00:15:10.
00:15:11.
00:15:12.
00:15:12.
00:15:13.
00:15:15.
00:15:19.
00:15:20.
00:15:21.
00:15:21.
00:15:22.
00:15:24.
00:15:28.
00:15:29.
00:15:30.
00:15:30.
00:15:31.
00:15:32.
00:15:36.
00:15:38.
00:15:38.
00:15:38.
00:15:40.
00:15:41.
00:15:45.
00:15:47.
00:15:47.
00:15:47.
00:15:48.
00:15:50.
00:15:54.
00:15:55.
00:15:56.
00:15:56.
00:15:57.
00:15:59.
00:16:03.
00:16:04.
00:16:05.
00:16:34.
00:17:04.
00:17:34.
00:18:04.
00:18:34.
00:19:04.
00:19:05.
00:19:05.
00:19:06.
00:19:08.
00:19:12.
00:19:13.
00:19:14.
00:19:14.
00:19:15.
00:19:16.
00:19:20.
00:19:22.
00:19:22.
00:19:22.
00:19:24.
00:19:25.
00:19:29.
00:19:31.
00:19:31.
00:19:31.
00:19:32.
00:19:34.
00:19:38.
00:19:39.
00:19:40.
00:19:40.
00:19:41.
00:19:43.
00:19:47.
00:19:48.
00:19:49.
00:19:49.
00:19:50.
00:19:52.
00:19:56.
00:19:57.
00:19:58.
00:19:58.
00:19:59.
00:20:00.
00:20:04.
00:20:06.
00:20:06.
00:20:06.
00:20:08.
00:20:09.
00:20:13.
00:20:15.
00:20:15.
00:20:15.
00:20:16.
00:20:18.
00:20:22.
00:20:23.
00:20:24.
00:20:24.
00:20:25.
00:20:27.
00:20:31.
00:20:32.
00:20:33.
00:20:33.
00:20:34.
00:20:34.
00:20:36.
00:21:02.
00:21:32.
00:22:06.
00:22:06.
00:22:06.
00:22:06.
00:22:06.
00:22:06.
00:22:06.
00:22:07.
00:22:08.
00:22:08.
00:22:28Ladies and gentlemen, the 45th and 47th President of the United States, Donald J. Trump.
00:22:35.
00:22:35.
00:22:35.
00:22:35.
00:22:35.
00:22:35.
00:22:35.
00:22:36.
00:22:37.
00:22:37.
00:22:37.
00:22:38.
00:22:38.
00:22:38.
00:22:38.
00:22:39.
00:22:39.
00:22:39.
00:22:41.
00:22:43.
00:22:43.
00:22:43.
00:22:43.
00:22:43.
00:22:43.
00:22:43.
00:22:44.
00:22:44.
00:22:44.
00:22:44.
00:22:44.
00:22:44.
00:22:44.
00:22:44.
00:22:44.
00:22:44.
00:22:46.
00:22:46.
00:22:47.
00:22:47.
00:22:47.
00:22:50.
00:22:51.
00:22:53.
00:22:55.
00:22:56.
00:22:56.
00:22:56.
00:22:56.
00:22:56.
00:22:56.
00:22:57.
00:22:57.
00:23:05.
00:23:05.
00:23:06.
00:23:06.
00:23:06.
00:23:06.
00:23:14.
00:23:15.
00:23:16.
00:23:17.
00:23:17.
00:23:17.
00:23:17.
00:23:17.
00:23:18.
00:23:18.
00:23:19.
00:23:19USA! USA! USA! USA! USA! USA!
00:23:25From sea to shining sea
00:23:27From Detroit down to Houston
00:23:31And New York to LA
00:23:34Where there's pride in every American heart
00:23:38And it's time we stand and say
00:23:44That I'm proud to be an American
00:23:47Where at least I know I'm free
00:23:50And I won't forget the men who died
00:23:55Who gave that right to me
00:23:57And I gladly stand up next to you
00:24:01And defend her still today
00:24:04Cause there ain't no doubt I love this land
00:24:09God bless the USA!
00:24:17And I'm proud to be an American
00:24:21Where at least I know I'm free
00:24:24And I won't forget the men who died
00:24:28Who gave that right to me
00:24:31And I gladly stand up next to you
00:24:36And defend her still today
00:24:39Cause there ain't no doubt I love this land
00:24:44God bless the USA!
00:24:57USA!
00:24:59USA!
00:25:00USA!
00:25:00USA!
00:25:01USA!
00:25:03USA!
00:25:05USA!
00:25:06USA!
00:25:07USA!
00:25:08USA!
00:25:08USA!
00:25:08USA!
00:25:08USA!
00:25:08USA!
00:25:08USA!
00:25:08USA!
00:25:09USA!
00:25:10USA!
00:25:12USA!
00:25:12USA!
00:25:13USA!
00:25:14USA!
00:25:15USA!
00:25:16USA!
00:25:20USA!
00:25:23USA!
00:25:29USA!
00:25:30tax on tips we're also talking about the fact that everybody is looking at their tax return
00:25:35they're getting tremendous amounts of money back much more than they thought so but it's great to
00:25:41be back in a place i love las vegas did a lot of business here we had great success here
00:25:47before
00:25:48politics it was fantastic and this is the birthplace of a little idea known as no tax on tips this
00:25:55is
00:25:55the birthplace a young waitress came up to me during dinner and she said sir we should have
00:26:05no tax on tips i said what say it again we should have no tax on tips i said that's
00:26:12the greatest
00:26:13thing i've ever heard i walked outside to the fake news media i say ladies and gentlemen
00:26:18there would be no tax on tips that was it it was not an expensive consultant
00:26:25las vegas is the home of the largest concentration of tipped workers anywhere in the country anywhere
00:26:32in the world actually and thanks to our tax cuts this week thousands of nevada waiters waitresses
00:26:38casino dealers bartenders bellmen barbers caddies so i love those caddies they're very good if you
00:26:45have the right cat and valets receive the biggest tax refunds of their entire lives and you see it
00:26:52and i just want to say you're welcome you're welcome
00:26:57no it's all over there there's so many even in the fake news where they have the you know he's
00:27:03different you always want to watch the enemy a little bit you don't want to watch too much you
00:27:06want to find out where they're coming from and they come from dark places but even there people are
00:27:11saying wow this is really amazing it's a great big beautiful bill that came in and you know we should
00:27:17call it the great big beautiful tax cut bill because that's really what it is other things
00:27:22also but regulations but it's really the tax cuts are enormous so it's uh it's just such an honor i
00:27:29want
00:27:29to thank secretary of treasury scott besant for joining us
00:27:32you know he's become a big star he walks down the street and the people are screaming scott scott
00:27:42can we have your autograph i mean what i did i created a monster he's a monster now that's
00:27:48terrible but he's doing a great job along with senator oh look at tommy where's tommy tuberville
00:27:53where's tommy tuberville tommy the great tommy tuberville senator from alabama thank you tommy
00:28:01nevada lieutenant governor stavros anthony thank you
00:28:07claw county commissioner april becker april thank you april thank you very much state senator
00:28:16carrie buck thank you thank you carrie
00:28:23assemblywoman lisa cole lisa thank you we have a lot of power here today huh this is big stuff
00:28:31and many others we have a lot of people out there i better not name them all because you
00:28:35know we're on all these look at all the television back there isn't that terrible
00:28:39so much last summer thanks to our republican majorities in the house and senate i signed
00:28:45the great big beautiful bill the largest tax cuts and many other things for working families in the
00:28:52history of our country it was actually uh we added about 19 different bills we were going to do one
00:28:58at a time or maybe two or three but i said let's just do them all at one time and
00:29:02thank goodness
00:29:03we did because the republicans are out there fighting hard for a lot of good things like no
00:29:09men and women sports like like no open borders you know we have the safest border we've ever had
00:29:17we have the safest communities we have the best records one thing it's always tough to say because
00:29:22it sounds sort of weird but we have the least number of murders that we've had 125 years
00:29:28all the way back to 1900 doesn't sound nice you know there's no nice way of saying that but it's
00:29:35uh back to 1900 but every single american at every income level is more money in their pockets this week
00:29:42because of the republican tax policies and we got to win the midterms if we don't these policies are going
00:29:48to be taken away from you the taxes are going to go through the roof look at these look at
00:29:53the the
00:29:53states these blue states what is going on there with taxes look at what happened in virginia a person
00:29:59when a good governor there and somebody got elected that she's gone crazy she's gone totally crazy look at
00:30:06new york i mean he's a nice guy calls me all the time says hi but his policies are no
00:30:13good he's chasing
00:30:14people out and causing a lot of harm to everybody i mean everybody's taxes are going through the roof
00:30:19after four long years of brutal inflation under biden and congressional democrats you
00:30:25deserve every single penny that you're getting now because you had to suffer you suffered
00:30:29we're the highest inflation in the history of our country under biden sleepy joe he's the worst
00:30:36president we've ever had by far average refund the average refunds this season's over four thousand
00:30:43dollars and here in las vegas many workers have reported refunds of five six seven eight thousand
00:30:50dollars or more and they've never had anything it's all from no tax on tips alone so
00:31:00and then don't forget you have no tax on social security for our seniors
00:31:07a lot of seniors out there and you have no tax on overtime you know this state covers them all
00:31:13you
00:31:13have the seniors you have the overtime but you have no tax on overtime you have no tax on tips
00:31:18and you have no tax think of it social security so those three things and you know one other thing
00:31:24that we have that nobody talks about but we we've done a lot in the bill if you have a
00:31:29small business or
00:31:30if you have a farm you have no inheritance tax you have no death tax it's a big thing you
00:31:35know people
00:31:35go out and they would borrow money especially the farmers i mean they go out and they leave their farm
00:31:43and the farmer is valuable but not a lot of cash they live good they wouldn't trade anytime and they
00:31:49go
00:31:49out and they uh they get a bill for taxes for the farm the parents leave the farm to the
00:31:54children the
00:31:55children go to the bank they borrow a lot of money they mortgage up the farm and they end up
00:31:59losing
00:31:59the farm they go bankrupt they commit suicide in many it's a horrible thing that went on you have
00:32:05no death taxes now you have no inheritance taxes
00:32:14and seeing his take-home pay skyrocket a bellman at the nearby paris hotel reportedly said words that
00:32:20no one has ever uttered before god bless the irs can you believe it
00:32:28i've never heard i've never heard that before
00:32:33that's uh we have to patent that we have to do something earlier this week at the white house i
00:32:38met a
00:32:38wonderful woman named sharon simmons a grandmother driving doordash to help support her husband's
00:32:45cancer treatment she's got serious cancer she's going to be okay i think sharon delivered mcdonald's
00:32:50to the oval office it was a little bit of a you know i mean to be honest it was
00:32:54a little tacky
00:32:57you know they come up with these crazy ideas like mcdonald's although that was the biggest ever
00:33:02on google they say number one ever and the the garbage truck i mean we do these things in politics
00:33:08they're a little embarrassing they're a little tiny embarrassing but we do them and you win by
00:33:14landslides you know it's one of them so we got to keep doing no we got a knock on the
00:33:18oval office door
00:33:19this did not happen that's the first baby in the history of the oval office and it was a very
00:33:24beautiful woman standing there with two big bags of mcdonald's hamburgers and i say is this really
00:33:30believable is it but the point of it was she made eleven thousand dollars that she had no idea was
00:33:38coming and it was really great it turned out to be really great so as part of our tax cuts
00:33:45we also included no tax on overtime and you know uh one of the things though that i think is
00:33:51so great
00:33:52we have uh something that's never happened before it was an idea that i thought up i went to scott
00:33:57i went
00:33:58to some of our people so when rich people do something they always look for deductions right
00:34:04it's always deductions they have deductions and everything and middle class and middle income
00:34:09people uh poorer people they don't get they don't think in terms of deductions so i said you buy a
00:34:16car
00:34:16that's american made give a deduction on the interest you pay on the loan that you use to buy the
00:34:22car
00:34:22and everyone said oh that's good it sounds simple but it really it's never been done before
00:34:27and you have that too so when you go out and you take a loan on your car you deduct
00:34:32the interest
00:34:33it's a big deal for people never happened before you would think it was sort of basic i thought it
00:34:38was so brilliant when i thought it but the truth is it never happened before and nobody mentions it
00:34:45but it's a very big factor and it's having a huge impact on our car companies which are expanding like
00:34:50never before we're selling more cars now a lot of it has to do with tariffs you pay no tariffs
00:34:56if you
00:34:56come here if you don't come here you pay a lot of tariffs and we're raising those tariffs very soon
00:35:01not on you it's on people from the outside that don't build their plants here we have now
00:35:06hundreds of billions we have actually 18 trillion dollars being invested in the united states
00:35:13because of a lot of reasons but but because of tariffs
00:35:20because of tariffs if they sell their product into our country they have to pay tariffs if they make that
00:35:25same product here they don't so they're coming in i'll tell you pharmaceutical companies are coming
00:35:30in at levels that nobody's ever seen we're having our drugs made here our prescription drugs are being
00:35:36made here which is something that's very important so our tax cut for overtime workers have already been
00:35:42claimed by more than 26 million americans and americans finally had the president the kind of
00:35:49president who believes in them i believe in rewarding you for the great work you've done the great job you've
00:35:55done and for having to suffer for four years of embarrassment our country was an embarrassment
00:36:03our country a year ago our country was an embarrassment and uh all over the world they laughed at us
00:36:10and
00:36:11they don't laugh anymore they are not laughing they're not laughing anymore i don't think i don't
00:36:16think anybody just ask those i don't want to be a wise guy i don't want to speak too soon
00:36:21but we do very well you notice that we're doing very well and i will say the war in iran
00:36:28is going
00:36:28along swimmingly we can do whatever we want and it should be it should be ending pretty soon it was
00:36:37uh perfect i mean it's perfect it was the power we have our military we have the most powerful military
00:36:44anywhere in the world i built it four years my first four years
00:36:49and we're still building it we're building it we have the best military we have the best equipment
00:36:54in the world the best rockets and uh anti-rockets you know if you look at the way we shoot
00:37:00you know
00:37:01the the had we had 111 rockets shot at one of our ships i won't name the ship but it
00:37:07was a beauty
00:37:08and out of the 111 rocket shot all 111 and these things move at about 3 000 miles an hour
00:37:15you know
00:37:16it's not like you have plenty of time to think about it every single one of them 111 were all
00:37:21shot
00:37:21down it's think of that shot down they're laying at the bottom of the sea so needless to say it
00:37:30was a
00:37:30ship that they were shooting at but we've had it we had one 101 we had 101 and then two
00:37:35days later we
00:37:36had 111 every one of them was hit that's uh the equipment that we have is incredible there's never
00:37:42been anything like it so addition to in addition to no tax on social security over 51 million seniors
00:37:49now pay seniors are seniors are loving me and i love them of course
00:37:58of course i'm not a senior so i you know i cater to the seniors but i don't happen to
00:38:03be a senior
00:38:04myself thank you very much over 51 million seniors now pay zero federal tax on social security income
00:38:1151 and they never saw that happening and when i went to him and i said how much would it
00:38:19cost for
00:38:20about 50 to 60 million seniors not to pay tax he said sir are you kidding this was scott they
00:38:27said
00:38:27let's do it go ahead and you know what's happened the economy is doing so well by the way we
00:38:32had to do
00:38:32a little uh journey down to iran and i didn't want to do that but we had to because we
00:38:38can't let them
00:38:39have a nuclear weapon can't let them have a nuclear weapon and you know we just hit 50 000 on
00:38:48the doubt
00:38:48i don't know if you people know what that means 50 000 on the dow is unthinkable they said at
00:38:54the end
00:38:54of his fourth year maybe but more likely fifth or sixth year my fifth or sixth year that sounds good
00:39:00too
00:39:00but remember you know the hat says four more years it drives the democrats crazy it drives them four more
00:39:09years four more years i have to i have to laugh
00:39:17they go crazy what a bunch of lunatics they are
00:39:22you know we want to get along and we're bipartisan but some after a while you say these people that
00:39:27just
00:39:27you know they don't want to pay our ice agents they don't want to pay our security people they
00:39:32don't want to take care of our border they want to have open borders for everybody they want to have
00:39:37men playing in women's sports think of it men playing in women's sports it's got to be a 95 to
00:39:42five maybe it's a 99 to one issue and they still i saw a guy today on television a democrat
00:39:47that i know
00:39:48he's trying to justify men playing in women's sports he's trying to justify open borders
00:39:54yeah no we don't we can't let them back in they'll destroy they'll destroy the country they'll
00:39:59destroy our country but millions of retirees like those here in nevada and you know it's a very
00:40:05important word nevada don't ever say the other way i'm not going to say because they'll say i
00:40:10say i won't say it the other way because they'll put it he said you lose the whole state yeah
00:40:16i don't
00:40:16know it sounds pretty good the other way to be honest with you some people but uh nevada is
00:40:22beautiful and seeing an average deduction over seven thousand five hundred dollars this year which
00:40:28is incredible the great big beautiful bill is filled with tax cuts americans are only just beginning
00:40:34to discover so the tax cuts turned out to be larger than anybody thought even us i mean we didn't
00:40:39think
00:40:39it was going to be as much but people are getting much more it's and it's come from that and
00:40:44the
00:40:44democrats don't know what to do because they used to ridicule it you know the great big beautiful bill
00:40:49and now they're saying don't mention the words just don't mention don't talk about it because
00:40:54it's been great but we got to keep it we have to win the midterms we virtually eliminated the so
00:40:59-called
00:40:59so many taxes we have like 19 different taxes in all different forms uh that we eliminated we
00:41:07dramatically expanded a thing called school choice which is a big deal which is a big deal
00:41:15we made homeschool expenditures the homeschoolers do we have any homeschoolers here right very good
00:41:21congratulations homeschool expenditures tax deductible we created the brand new trump accounts
00:41:29with michael and susan dell the dell family they're great what a great family but uh he put up
00:41:37six billion two hundred and fifty million dollars namely he did a good job in life he's and he's
00:41:43putting up more he came to me with the idea with some of his friends his wife is fantastic by
00:41:49the way
00:41:49and he said you know these accounts where children will grow up and by the time they're 18 or 20
00:41:55or 21
00:41:56they'll have they could have a hundred thousand dollars i mean they they may be poor they'll have
00:42:00a hundred thousand dollars what a what a big difference so i just want to thank the dell family
00:42:05it's uh great you know buy their computer
00:42:11i said how did you get so rich by doing computers he said well you know in college i i
00:42:15was good at
00:42:16computers i just sit on my bed i'd make computers and people would buy them and he never stopped
00:42:20he never stopped sort of an amazing story if you want to know the truth but we have automatically we
00:42:26have a one thousand dollar contribution for every newborn child think of that five million have already
00:42:32been opened it's been a incredible people are going out they're doing it some are buying it for
00:42:37many other children some are taking lots of some richer people are taking lots of people under their
00:42:42wing we have one man that took the state of ohio and he's obviously pretty rich and he's made the
00:42:49contribution on behalf of so many children it's really turned out to be amazing actually and we made
00:42:55interest on new car loans deductible which i told you it's a big deal uh i i think it's really
00:43:01something
00:43:01but only if it's made here and that's only if it's made in america and we're proud to see it
00:43:06being
00:43:06made in america you know we used to have when i was growing up it would say made in everything
00:43:11made in
00:43:12america it meant it was better and then over the years it disappeared we brought it back and
00:43:17we make great products now today when you see made in america
00:43:22today's when you see made in america you know it's generally speaking i think it's a better product
00:43:27this tax season over one million americans already deducted their auto loans and their auto
00:43:33interest think of that and they're saving a right of they're having a write-off of over two thousand
00:43:37dollars sometimes much more and you get a full write-off it's pretty amazing together these brand
00:43:42new cuts and deductions in the republican bill have been claimed by nearly half of all tax filers so
00:43:50in one form or another more than 50 percent have taken advantage of the things that we put into the
00:43:56bill
00:43:56by the way we have a lot of other things other than that we have incentives we have
00:44:00uh the expensing for businesses and the expensing is such a big deal you have a business you're
00:44:06allowed to deduct it immediately as opposed to over 38 years and other things and to me that's one
00:44:12we had the we had the best economy in the history of our country in my first term and we're
00:44:17blowing it
00:44:17out now we're blowing it away now and despite our little diversion
00:44:24despite our little diversion to the lovely country of iran lovely place but we had to do that because
00:44:31otherwise bad things could happen the really bad thing so we've sent out and i think you're going
00:44:36to see some incredible results you know for those people that question and you're going to see some
00:44:40uh the job we've done has been amazing uh the the ships are out there today and they're saying don't
00:44:49come here don't even think about it and you have these massive tankers saying let's get the hell
00:44:55out of here it's amazing it's amazing but we've sent out 30 billion dollars more in refunds than
00:45:01at the same time last year and employers who adjust their withholding levels now we'll see an
00:45:06immediate surge in their take-home pay for the remainder of 2026 you're going to see a big surge
00:45:13the numbers are really tremendous and that's why i'm out here if they were bad i wouldn't be here today
00:45:17i'd be sitting home watching television i think we can never forget that every single radical left
00:45:24democrat in congress voted to deny the american people these life-saving changes they voted for
00:45:29tax increases they wanted your taxes to go up i've never seen it before you know all my life i've
00:45:35been
00:45:35sort of always interested in politics never did it before i decided to do it a little while ago
00:45:39not too long but i've never seen it before it always was i'd watch politicians for 30 years 40 years
00:45:46we will lower your taxes we will lower your taxes these are the only people the democrats now the
00:45:51modern-day democrats we will raise your taxes and i just don't think it's winnable i don't know maybe
00:45:58i'm i'm a little old-fashioned i guess but they voted for the largest tax hike in history the
00:46:04democrats just voted for the largest tax hike in history democrats in congress courts caused this
00:46:12you know the inflation the fake news gets on me you don't have to be very accurate when i speak
00:46:17because they'll say he's exaggerated he's so the real number is 48 years that inflation is the highest
00:46:25in 48 years i don't believe that i think it's the highest in history but they say he said history
00:46:30and
00:46:30they say but i'm okay with 48 years 48 years is long enough what do you think but the real
00:46:35number they
00:46:36say is 48 years i believe it's the highest inflation and they caused it and they then
00:46:41wanted to raise your tax so their tax raise that they wanted was more than five trillion
00:46:49dollars which to each person is probably about four or five thousand dollars and they wanted to raise
00:46:54your taxes the great big beautiful bill also slashed taxes on millions of american small businesses
00:47:01including restaurants strike cleaners corner stores what is a corner store i've never heard
00:47:06that term i know what a corner store is but i've never heard it described a corner store who the
00:47:11hell
00:47:11wrote that please and more as of today over 12 million small business flyers have paid nearly seven
00:47:19thousand dollars less in taxes so on average your small businesses have paid about seven thousand
00:47:26dollars less that's a lot for a small business in large part thanks to our cuts today
00:47:31the economy is booming our economy is booming you know you don't read about it you don't see it so
00:47:37much because of what's going on in iran which is really you know it's been two months i mean two
00:47:43months
00:47:43you've been in other wars for 18 years four years with me i'm in there for a month well he
00:47:51said he'd get
00:47:52out a month did you see where i did a list last week 17 years in vietnam and five years
00:47:59in afghanistan
00:48:01and more much more than that and all these different places uh and i said we were in there for
00:48:08two months
00:48:09and you know what we're gonna have victory very shortly this is not
00:48:19and and against a very tough smart country these people were fighters and you know i don't want to
00:48:25claim it before the fact but they have no navy left 158 ships at the bottom of the sea 158
00:48:34think of it
00:48:36115 i got angry i said why didn't you save him we could have used him you know
00:48:41they they would rather shoot him than save him i said what the hell it's only money
00:48:45but they were some of them were good they had one named the solomani you know what the solomani we
00:48:49took him out he was the worst one of the worst terrorists in the history of this country this world
00:48:55they killed many of our people many of our people have been killed when you see a young soldier
00:49:01mostly going around without legs without arms where the faces so badly injured it was solomani
00:49:07that did that the roadside bombs they were just terrible he was the father of the roadside bomb
00:49:12we killed him and that had a big impact on iran that had a big impact on iran
00:49:20because he was if uh i think it maybe would be a different story if he were around i mean
00:49:24he was
00:49:25a horrible person a horrible human being he was a mad genius but it probably would have been more
00:49:30which still would have won by fast but it would have been not probably as fast as it has gone
00:49:37in the report released last week core inflation was down to the lowest level in five years
00:49:43and very shortly we're going to be probably eight or nine years don't forget we're having some
00:49:47fake inflation because of the fuel the energy prices which everybody said was going to 250 we're
00:49:53talking about that scott they said 250 300 i mean today what was it finished at 89 or 90
00:50:00and that's in the you know we haven't settled yet maybe we won't but i think i think you're going
00:50:06to be pleasantly surprised but think of that how well we're doing and we have this a lot of people
00:50:12thought that inflation would be through the roof and the stock market would crash well we just hit an
00:50:16all-time new stock market so it's amazing i had people we have consultants great guys that we both
00:50:28know we see and they're very talented sir if you do this fuel is going to go to 300 a
00:50:34barrel right
00:50:35one guy in particular who we like a lot but i said i don't think so i think we're going
00:50:40to be good
00:50:40we always find a way you know you got to find a way but sir don't do it sir 300
00:50:46a barrel it's going
00:50:48to be a wild thing it's going to be horrible the depression is going to happen well not going to
00:50:52happen because we just hit a brand new all-time high and fuels at 89 it's actually a lot lower
00:50:58than
00:50:58that in a lot of areas so but let's not get away from you know let's see what happens over
00:51:02the next
00:51:03week or so you know i think you're going to be very impressed and if you are vote for the
00:51:08republicans in the midterms okay
00:51:15but
00:51:25but the king the king of saudi arabia very smart guy invested two two trillion dollars we have
00:51:32guitar we have uae saudi arabia the king of saudi arabia they invested trillions of dollars in our
00:51:38country and he he said to me year and a half ago i was with him he said you know
00:51:43two years ago you
00:51:45were a dead country everyone thought america was finished we were a laughing stock with a president
00:51:49that couldn't walk up a flight of stairs he was no what he was he was so horrible i mean
00:51:55it's not even funny it's like he was horrible
00:51:59he allowed 25 million people into the country totally unvetted and unchecked and you know that's a
00:52:05tough we're still getting them out and some were we had 11 888 murderers 50 of whom murdered more
00:52:14than one people let into our country they emptied their jails into america but the king said you know
00:52:21two years ago you were a dead country and now you're the hottest country anywhere in the world look
00:52:28at us we're the hottest country in the world so so to talk more about these incredible things that
00:52:37are happening i'm going to ask really a respected guy a great guy too he's difficult this guy he's
00:52:45difficult but he's great and you know when he speaks the whole market gets soothed when i speak
00:52:52the market goes a little jittery and they say scott go out there clean it up for me scott
00:52:58but now he's he's a fantastic guy and scott you're going to say a few words and then we're going
00:53:03to
00:53:03hear from a few of the people the las vegas metropolitan police officer cruz littlefield
00:53:10the co-founder and ceo of a local non-profit called power to parent erin phillips
00:53:17a bartender and makeup artist erica cassell and a longtime culinary worker nicole williams and then
00:53:25we're going to hear from a few others we're going to go pretty quickly but scott you want to say
00:53:29a
00:53:29few words please thank you yes sir and thank you and mr president it's an honor of the lifetime to
00:53:36be
00:53:36part of this administration and i thought that your supporters here would like a little behind the
00:53:42scene of your incredible first year this administration has gotten more done in the
00:53:47first year and let me tell you how that happens i remember going to see the president february 2024
00:53:55at mar-a-largo candidate trump and he was talking about no tax on tips he said he'd been out
00:54:01here
00:54:02and he had the idea no tax on tips service workers should keep their tips fast forward july 2025
00:54:11the working family tax cuts the one big beautiful bill gets passed by congress and here we are
00:54:18april 2026 within 24 months president trump's idea it became the law of the land and we are seeing
00:54:27record tax returns and the people of nevada the people of clark county are way higher than the
00:54:35national average because of no tax on tips
00:54:37thank you president trump's policies are reviving the american dream yesterday was tax day and under
00:54:56president trump we are celebrating how much more money hard-working americans will keep
00:55:01not how much the government will take thanks to
00:55:04thanks to president trump and congressional republicans the working family tax cuts helps
00:55:12every american chart their own path throughout this tax season i have heard from american workers
00:55:17families diner and restaurant owners bartenders waiters and waitresses and communities across the
00:55:23country and it is clear that workers and families are feeling the benefits the administration
00:55:29is upholding the foundational principle that hard-working americans should be rewarded with the fruits of
00:55:35their labor not punished by tax hikes and this tax season proves it in households across america
00:55:4253 million filers should take advantage of at least one of the president's signature tax cuts
00:55:49no tax and tips no tax and overtime enhanced tax relief for our great seniors and the ability to deduct
00:55:56interest on new car loans if it's an american car and this is the tax the refunds and the tax
00:56:06cuts have
00:56:06exceeded our expectations here in las vegas millions of hard-working americans have benefited and i want you
00:56:15to remember every single democrat voted against this program
00:56:24the the uh so more than five six million filers they have taken the advantage of no tax on tips
00:56:3325 million filers no tax on overtime and this is what happens when policies are made for workers and not
00:56:42for dc they uh and also as the head of the irs i want to also tell all of you
00:56:49two things go to trump
00:56:52accounts.gov if you have not registered your children for trump accounts it's very easy to remember trump
00:56:59accounts dot gov and fill out form number 4547 for those of you who have children born during president
00:57:15trump's term treasury will seed that account with a thousand dollars for those of you with children
00:57:21under 18 you can add to those accounts great philanthropists like michael susan dell are adding
00:57:27to that the and the other thing too is i want to remind everyone change your withholding if you're
00:57:33getting a big tax return a big tax refund this year it's because you didn't change your withholding
00:57:38last year if you go you change your withholding now you'll get an automatic raise in your real
00:57:44income your weekly monthly income will go up right here right now and the i just want to thank
00:57:50president trump for championing this program because i i can tell you the some some of the republican
00:57:56the uh some of the more traditional republicans on economics uh didn't want this to be part of the
00:58:04program president trump fought for this the whole way and this is why we have a new bigger republican
00:58:10party it's because of policies like this so thank you all thank you
00:58:19thank you
00:58:19before i introduce i just want to say two things to me very important so
00:58:26right now in this country we have more people working than at any time in the history of our
00:58:31country think of that and also that's pretty good and you know while in europe and all a lot of
00:58:37other
00:58:38places they're looking for oil they're looking for guests they want gasoline they have a hard time we have a
00:58:43lot so at this moment right now we have more oil production than russia and saudi arabia by far
00:58:50russia and saudi arabia put together if you add them up together and by next year it will be double
00:58:56that
00:58:56amount so it's pretty amazing those two facts more people working than ever before
00:59:02las vegas metropolitan police officer cruz littlefield please
00:59:10mr president thank you so much and welcome to las vegas my name is cruz littlefield i'm a local
00:59:16police officer and a las vegas native i have a deep appreciation for the city and have made it my
00:59:21calling to now protect and serve those who also call it home with the passage of the great big beautiful
00:59:26bill my wife and i have benefited from the elimination of taxes on overtime allowing us to
00:59:32stretch every dollar in an increasingly expensive world with less financial stress i'm able to be a
00:59:38better and effective asset to my community and more present with my family we also just welcomed
00:59:44our newborn baby girl a week ago and
00:59:52and have already contacted our cpa to make sure that the trump account gets started that's good
00:59:58that's great thanks to you we're now securing her a better financial future than we were ever given
01:00:04as kids mr president thank you for your time and thank you for your continued efforts to support
01:00:10the american people especially here in las vegas i have family and friends this is my brother oh good
01:00:15but i have family and friends in las vegas who are barbers small business owners bartenders
01:00:20and first responders and every burden lifted for them is a step towards a stronger and safer
01:00:25community so thank you that's great thank you good job the co-founder and ceo of a local non-profit
01:00:38doing really well called power to parent erin phillips
01:00:44i'm right here actually hi i'm erin phillips it's an honor to be here as a mom and a founder
01:00:49of this
01:00:50nonprofit organization uh we believe that empowered parents protect kids and so everything we do flows
01:00:56out of that idea um and as a mom of five uh i have this is deeply personal to me
01:01:02it's not just something
01:01:03that you know i talk about regularly um we've seen so many families especially in our community that feel
01:01:09outmatched by systems and so what we do is we try to empower them to advocate for themselves uh through
01:01:16policy and um really just help with their children's education in general and and any issue that is a
01:01:22parental rights issue so that's what we do um and i just want to thank you for what you've done
01:01:26in
01:01:27in regards to protecting women's sports we know that you know when we protect women's sports we're
01:01:32really protecting the opportunities that our daughters have and i have daughters myself and so
01:01:37that's really it's so important and and so many girls have already been hurt so thank you for
01:01:41what you've done on that level and then you know it also helps them know that they're worth protecting
01:01:46and that they matter and i think that's something that we haven't shown our girls uh prior to this um
01:01:56one more thing that i just really want to um highlight is the federal tax credit scholarship and
01:02:02i just need you to know that this is a game changer for families and who feel stuck i think
01:02:08oftentimes we
01:02:09have these families that i already mentioned that they feel outmatched by systems and they are stuck
01:02:13in a system that is not working for their child and so what this scholarship does is it expands education
01:02:19freedom it gives parents the power to choose uh the right education for their children and and families
01:02:26that we serve in our community it means hope it means access it means a future for their children that
01:02:31they otherwise wouldn't be able to afford and we are already planning uh preparing to help families
01:02:36access this money here in nevada so thank you for that um and and lastly i just want to say
01:02:41that i'm grateful for your leadership because you recognize the critical role that families play
01:02:46so thank you so much thank you very much great job thank you thank you very much bartender
01:02:55and makeup artist erica cassel hi president trump um i'm a makeup artist and a bartender here in las
01:03:06vegas um i just wanted to say thank you for all you've done for us um i know as a
01:03:10bartender
01:03:11the no tax on tips is amazing especially i'm gonna start crying i was expecting mom um that's it's great
01:03:18for my daughter as well um the trump accounts also amazing so thank you so much thank you very much
01:03:25good will you enjoy and good luck good job thank you and a long time culinary worker a great person
01:03:35nicole williams thank you thank you hello mr president um i am a long time bartender on the las vegas
01:03:44strip
01:03:45and i first heard the idea of no tax on tips um mentioned to me my boyfriend alita who helped
01:03:51manager campaign in nevada and she is a she's amazing she mentioned it to me and um i started
01:03:59thinking about like what an awesome idea it was because in nevada we have what is called a tip
01:04:05compliance not a lot of people know about that where the irs comes in and they say you're going
01:04:09to make this amount of tips in an hour we're going to tax you on that even if you don't
01:04:13make that amount
01:04:13of tips you're going to get taxed on it so i thought that would be an incredible um opportunity
01:04:19to keep some more cash in my pocket so then she reached out and i actually spoke at an event
01:04:25for
01:04:25you for no tax on tips um i spoke with you the day that robert kennedy endorsed you for president
01:04:30which
01:04:31was an amazing experience so thank you for that um and so i did campaign um for you and i
01:04:38was like this
01:04:39i want to see this policy come to fruition so when i heard about the one big beautiful bill and
01:04:43that
01:04:44being um included in it um it was just a reminder that it's promises made promises kept for you and
01:04:58so um to see that come to fruition was amazing and i do have seven children so the earned income
01:05:05tax
01:05:05credit for them is going to be helpful as well um waiting on my husband who's in real estate to
01:05:10get
01:05:10his receipts together you know so um but we will expect to see a greater tax return we can use
01:05:18for
01:05:18a car or you know for our son going to school like a trade school it's our oldest child so
01:05:24we're very excited and i just want to thank you so much for getting that done for the people
01:05:29and for my family thank you and you know just in wrapping up a man who's been with me i
01:05:40think
01:05:40every event i've done out here uh he's your lieutenant governor highly respect he's really
01:05:45a good man he's been to every event stavros anthony several uh mr president uh mr secretary first of all
01:06:01welcome to the greatest city in the world las vegas
01:06:06and to the great state of nevada so one of my responsibilities as a lieutenant governor is the
01:06:12chairman of the nevada tourism commission so i work with a great group of individuals to promote
01:06:17tourism in las vegas and in the state of nevada and there's a lot of reasons why people come to
01:06:24las
01:06:24vegas and keep coming back to las vegas and one of those is because we have the greatest
01:06:30hospitality employees in the world here in las vegas absolutely
01:06:37and uh i i we all remember two years ago you had one another one of your massive uh rallies
01:06:42here in nevada was actually at sunset park just south of here and uh and you made this no tax
01:06:48on
01:06:49tips pledge and everybody heard it for the first time and people were just excited and as nicole
01:06:56mentioned it wasn't just a pledge but you did it so on behalf of all the hospitality workers here
01:07:02in las vegas and nevada thank you for putting more money in the pockets of our families
01:07:09and uh just just one other thing uh i'm a former uh captain with the las vegas much palm police
01:07:17department i know how much overtime these police officers work and how much overtime a lot of
01:07:23employees work and for you to make that pledge and come through and no taxes on overtime again thank
01:07:29you very much for putting money in the pockets of our families god bless you all thank you
01:07:33so i just want to say this is a special state it's a special place
01:07:44we've done so well here i have so many friends here it's been it was great before i ran for
01:07:49politics
01:07:50ran for office and uh right up to this moment and even this event there's a lot of love it's
01:07:55just
01:07:55such love uh and you know those three things but especially here but really here it's all three
01:08:01it's uh overtime right and it's uh you take a look at the tips the tips i don't even know
01:08:07which is the
01:08:08biggest you could probably take a poll and it's uh social security no tax on social security who would
01:08:14think and when i did it it was a pretty big number let me could i ask you which is
01:08:19the best of the three
01:08:20no tax on plat clap no tax on social security
01:08:29that's not bad okay ready no tax on tips
01:08:37no tax on overtime
01:08:41you know social i think social security won hey so much so much for no tax on tips
01:08:50i think social security hey i just want to thank you all we love you all the country is doing
01:08:55really
01:08:55well we're respected all over the world we are respected i think i think like never before thank you
01:09:01i think like never before and thank you all very much god bless you all thank you very much everybody
01:09:07thank you
01:09:08i love you
01:09:42Young man, there's no need to feel down
01:09:46I said, young man, pick yourself off the ground
01:09:49I said, young man, cause you're in a new town
01:09:53There's no need to be unhappy
01:09:57Young man, there's a place you can go
01:10:01I said, young man
01:10:14There is no need to be unhappy
01:10:15Young man, there's no need to feel down
01:10:37.
01:11:07.
Comments