President Trump touts push for lower taxes

In his speech, Trump laid out four principles for the tax reform: a tax code that is simple, fair and easy to understand; a globally competitive tax code; tax relief for middle-class families and bringing back trillions of dollars in wealth parked overseas. This was a major campaign pledge that remains short on detail and a long way from becoming law.

President Donald Trump hit the road Wednesday to promote his administration's plan to overhaul the USA tax system - an area on which Republican lawmakers have pledged to focus much of their attention this fall.

"Our tax system should benefit loyal hard-working Americans and their families", Trump said, promising "to work with Congress, Republicans and Democrats alike" on the matter and claiming that his tax reform plans are bipartisan.

Trump has had McCaskill in his sights, just days ago tweeting that a Republican "will win" the election there because McCaskill is "opposed to big tax cuts".

The reality, though, is that, while Trump and Congressional GOP leaders still don't have a comprehensive, detailed plan for tax reform, the proposals they've put forth thus far have been found by independent analysts to disproportionately benefit higher-income taxpayers.

President Donald Trump on Wednesday told Missourians to vote Sen.

"I don't want to be disappointed by Congress, do you understand me?"

The American people are well aware that Trump would sign all of these bills on Obamacare, on taxes, on infrastructure, and on the wall.

"I was with President Bush when he went to see the devastation caused by fires in Arizona and tornados in Missouri", Fleischer said.

Trump set out four tax reform principles: simplicity, a competitive tax code, tax relief for the middle class and worldwide corporate tax reform.

He said that lowering taxes will increase the salaries of the working class.

"We're here today to launch our plans to bring back Main Street by reducing the crushing tax burden on our companies and on our workers", he added. "The Dems are looking to obstruct tax cuts and tax reform".

USA president singles out Ireland as a competitive target for bringing jobs back to America. Claire McCaskill to get behind his new introduced tax reform. It included a 15 percent business tax rate and cutting seven tax brackets to three.

If tax cuts are not offset by spending cuts or other tax increases, the US deficit will rise.

However, the tax push is coming at a time when Congress is confronted with a massive workload in September.

Trump has been pushing for Congress to take swift action on tax reform when it returns to session in September.


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