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Job Creators Network Applauds Trump's Tax Cut Plan

Job Creators Network Applauds Trump's Tax Cut Plan

US President Donald Trump outlined his vision for tax reform Wednesday that he said would streamline the nation's burdensome tax code while cutting taxes for businesses and middle-income Americans, and thus warning Congress that "I do not want to be disappointed".

"Contemptible", "crazy", and "we all knew he was a nut" are the words a Pittsburg, Pennsylvania focus group used to describe President Donald Trump - including a few of his voters.

Our plan for tax reform is centered on shared goals of a simpler, fairer, and lower-rate tax system.

He has previously said he wants U.S. business taxes reduced to 15%, in a bid to bring American multinationals back to USA soil. "We fully support the President's and Congress' push to simplify and reform the USA tax system".

Frustrated by the lack of legislative progress major since his arrival in power, in particular with a setback on the repeal of Obamacare, the u.s. president has once again issued a warning to the elect of his party, with which it maintains relations electrical.

Trump has argued that ambitious reform of the tax code is needed to juice the economy further, and is counting on the Republican-controlled Congress to make that ambition reality. They will love going to their job.

Missouri State Treasurer Eric Schmitt says, "People deserve it. I hope so", Trump said.

More news: CEO of Flooded Texas Chemical Plant: There's 'No Way to Prevent' Explosion

One of Job Creators Network's new commercials sees La Huerta Grill & Market owner Laz Marquez explaining how the current tax code burdens and complicates his life as a small business owner.

Trump has been pushing for Congress to take swift action on tax reform when it returns to session in September. It eliminated dozens of loopholes and special interest tax breaks, reduced the number of tax brackets from fifteen to two, and lowered tax rates for both individuals and businesses. The president said the USA just hit three percent GPD, and he thinks it can go even higher.

It was not clear, for example, whether the goal for 15% corporate tax rate was workable or would aim to reduce the nominal rate - now 39% - or the actual rate that company's pay, which is closer to 19%. "The better way blueprint was one of the more significant steps forward in terms of putting meat on the bone for tax reform".

"Lower taxes on American business means higher wages for American workers and it means more products made right here in the USA", Trump said Wednesday.

"It's time to give the American workers the pay raise that they have been looking for for many, many years", he said. "We would like to bring our business tax rate to 15 percent".

Despite Trump's apparent eagerness to push tax reform, Republicans on Capitol Hill would prefer he stay out of the way. The election previous year opened up a new pathway to actually getting comprehensive tax reform done.


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