LIVE: President Trump gives Tax Day remarks, participates in a roundtable — 4/16/2026
Speakers
Donald Trump
— President of the United States
Summary
President Trump delivers Tax Day remarks in Las Vegas, highlighting the benefits of his tax cuts, including no tax on tips, overtime, and social security. He discusses economic achievements such as record stock market highs, low oil prices, and increased oil production, while criticizing Democrats and promoting Republican policies for the upcoming midterms. The event includes testimonials from local workers and officials on the positive impact of the tax cuts.
- Trump emphasizes tax cuts in the 'great big beautiful bill' providing significant refunds to workers.
- He claims the economy is booming with all-time stock market highs and controlled inflation.
- Discusses stability in oil prices at $89-$90, contrary to predictions of $250-$300.
- Highlights growth in U.S. car and pharmaceutical companies due to policy incentives.
- Mentions U.S. oil production leading globally and set to double next year.
- Criticizes Democrats for opposing tax cuts and advocating for tax increases.
- Features testimonials from police officers, nonprofit leaders, and hospitality workers on tax benefits.
- Promotes Trump accounts for children's savings and encourages withholding adjustments for higher take-home pay.
Trade Ideas
Bullish on U.S. car companies.
The tax deduction for interest on American-made car loans is boosting demand and causing car companies to expand significantly, leading to growth in the sector.
Bullish on U.S. pharmaceutical companies.
Tariffs and policies are encouraging pharmaceutical companies to invest and manufacture in the U.S., bringing in levels of investment never seen before and supporting sector growth.
Positive on Dell computers.
He praises Michael Dell and suggests buying Dell computers, implying confidence in the company due to its involvement in Trump accounts and philanthropic efforts.
Oil prices stable, good for economy.
Fuel prices are much lower than predicted ($89-$90 vs. $250-$300), indicating controlled inflation and economic stability, which is positive for the economy and shows that inflation concerns were overblown.
Bullish on stock market due to economic boom.
The stock market has reached an all-time high, indicating a strong economy and continued growth, supported by tax cuts and economic policies, contrary to fears of a crash.
Bullish on U.S. oil production.
U.S. oil production exceeds that of Russia and Saudi Arabia combined and is set to double next year, indicating energy dominance and economic strength, supporting the economy.
