According to a new Trump campaign analysis, the Republican candidate’s detailed economic plan is chock full of traditional conservative policy moves.

The self-made businessman’s plan will boost revenue and stimulate the economy with good old-fashioned tax cuts and slashed regulations to set free the small businessman and middle class entrepreneur.

A typical criticism of Trump is the lack of detail he provides to back up the promises he makes on the campaign trail.

But the timely new document of his economic strategy answers those criticisms.

Written by senior Trump policy advisors, Peter Navarro and Wilbur Ross, the document provides details on trade, regulatory and energy policy impacts of a Trump presidency.

The authors’ stated goal was to “fill the analytical gap” to refute the Tax Foundation’s report that Trump’s economic policy would reduce tax revenues by $2.6 trillion over 10 years.

Navarro and Ross suggest the Tax Foundation wrongly did not take into account other elements of Trump’s plan which induces strong growth in the economy and therefore generates tax revenue.

The report emphasizes that without Trump’s trade and energy policies, his tax policy will not work. Navarro and Ross suggest the three go hand-in-hand and cannot be enacted independent of one another.

The Washington Post boiled down the 31-page detailed analysis for the layman, identifying the specific changes Trump plans to make for America’s economy.

The document says Trump would renegotiate trade deals to close the $500 billion trade deficit by rejecting globalism and putting America first in trade deals.

He would then consider pulling America out of the World Trade Organization (WTO) in order to close its gap and help U.S. companies sell more overseas.

“America’s trade deficit, the Trump team argues, has unbalanced the global economy and held back growth.

Eliminating it will end the current era of slow-growing advanced economies and unleash new prosperity for the world,” The Washington Post says.

Then, along with the new trade policy, Trump’s plan would “slash corporate tax rates, reduce regulatory burdens, and seek to push down energy costs” in order to spur competition across industries.

The Washington Post goes on to report,

“Trump’s team says it also wants to address what it calls the ‘push’ of American jobs, and particularly manufacturing, to foreign countries. Where Trump departs from George W. Bush and traditional free-market conservatives is his focus on what Navarro and his co-author, private equity investor Wilbur Ross, call the ‘pull’ of international trade agreements and unfair trading-partner practices on those companies.”

“Reducing the ‘pull’ is the most critical piece of the Trump economic agenda. Ross and Navarro contend that Trump could do this in a year or two by renegotiating trade deals and other steps. Those include convincing the World Trade Organization to change rules that advantages exports from countries that rely heavily on what essentially are national sales taxes, such as Mexico and Germany, at the expense of countries that rely more on income taxes, such as the United States.”

“At points, the analysis details how such change would come about. It says Trump would impose tariffs if necessary against countries that violate trade norms.”

Trump’s advisors have promised his plan will still boost revenue, despite the massive tax cuts he will propose.

According to Bloomberg News:

“Donald Trump’s economic team offered more math behind his assertion that his tax cuts will mostly pay for themselves, saying trade policy would generate most of the additional wages and corporate profits that feed government revenue.

 The Republican presidential nominee’s economic-policy proposals will generate $2.37 trillion in tax receipts over 10 years, according to a paper issued Monday by Peter Navarro, a business professor at the University of California at Irvine, and billionaire investor Wilbur Ross, both senior advisers to the Trump campaign. Of that total, $1.74 trillion will result from trade reforms, $487 billion from regulatory policy and $147 billion from energy, the report said.

 The plan assumes that increased exports and lower imports would erase the trade deficit of about $500 billion and result in an additional $220 billion in wages and $500 billion of corporate revenue. Based on Trump’s proposed tax rates, reinvested proceeds and a multiplier effect, those gains would produce $1.74 trillion from trade, according to the paper…

 The report assumes reducing regulations would save companies at least $200 billion a year, adding that amount to profits which would then generate revenue from taxes and earnings on invested cash. Removing energy restrictions would add about $95 billion to gross domestic product annually, which would then generate taxes on wages and corporate profits, the paper said.”

A boiled down clip of a Detroit rally provided in the Washington Post gave a snapshot of Trump’s economy promises:

  1. Across the board income-tax reduction, especially for middle-income Americans.
  2. Get rid of “special interest loopholes” that have been so good for Wall Street investors.
  3. Reduce the current number of brackets from 7 to 3.
  4. No American company would pay more than 15% of their business income in taxes.
  5. Cut regulations massively.
  6. Allow businesses to expense new business investments.
  7. Reduce the cost of childcare by allowing parents to fully deduct the average cost of childcare spending from taxes.
  8. Bring back trillions of dollars from American businesses that are now overseas with only a 10% tax.
  9. No family will have to pay the death tax.
  10. Issue a temporary moratorium on new agency regulations.
  11. Immediately cancel all illegal and overreaching executive orders.
  12. Request a list of all unnecessary regulations from federal agencies.
  13. Withdraw from the Trans-Pacific Partnership.
  14. Improve protection for America’s intellectual property in China.
  15. Crack down on China’s currency cheating and product dumping.
  16. Put coal miners and steel workers back to work.
  17. Lift restrictions on energy manufacturing.
  18. Repeal and replace ObamaCare.
  19. Demand payment from U.S. allies for our military protection and support.
  20. Build new infrastructure — roads, bridges, railways, tunnels, seaports, and airports.

The Navarro-Ross report provides the detailed account for how these policies will be made possible under Trump’s capitalist economic strategies.