Trump notes that he made capital-equipment expensing immediate, a policy thatexpertssaid at the time would benefit oil producers.
Moore is currently serving as an economic adviser to Trump in his 2024 campaign.
Such a penalty would inevitably result in everyday consumers being saddled with increased prices for common goods and necessities.
Former President Donald Trump speaks at a press conference on October 1, 2024 in Milwaukee, Wisconsin.Jim Vondruska/Getty Images
The outcome of this election will have economic repercussions for years, and possibly decades, to come.