September 27, 2017

Trump Tax Cut will be HUUUUGGGE!!!!

It seems like president Trump's tax cut plan, unlike the Republican Obamacare repeal debacle, will be a slam dunk win for the economy, the president and the Republicans.

The Freedom Caucus is inAmericans for Tax Reform are in. The Associated Press hates it and is maligning it already (that's actually a win because the existing tax and spend formula DOES NOT WORK).

The Republican plan's framework  is predicated on some important concepts
President Trump has laid out four principles for tax reform: First, make the tax code simple, fair and easy to understand. Second, give American workers a pay raise by allowing them to keep more of their hard-earned paychecks. Third, make America the jobs magnet of the world by leveling the playing field for American businesses and workers. Finally, bring back trillions of dollars that are currently kept offshore to reinvest in the American economy.

The President’s four principles are consistent with the goals of both congressional tax-writing committees, and are at the core of this framework for fixing America’s broken tax code.

Too many in our country are shut out of the dynamism of the U.S. economy, which has led to the justifiable feeling that the system is rigged against hardworking Americans. With significant and meaningful tax reform and relief, we will create a fairer system that levels the playing field and extends economic opportunities to American workers, small businesses, and middle-income families.
It's hard to argue that.  Every Republican should be out on every show reciting that mantra by rote the way Democrats recite the talking points of the day, every single day.

When you drill down and see tax relief for middle class families it looks even better.  This will be a huge win for the economy and it will provide Republicans and the president with  a lot of credibility on other issues prior to the 2018 election - provided it gets passed soon.  They might derive enough momentum to take another, proper, run at Obamacare.
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