Trump Hits The Road To Promote Tax Cuts [View all]

[IronLionZion]

http://www.npr.org/2017/08/30/547114024/trump-hits-the-road-to-promote-tax-cuts-details-to-come

President Trump will call for a major rewrite of the U.S. tax code when he visits Springfield, Mo., on Wednesday afternoon. The speech comes a day after Trump's trip to Harvey-hit Texas and is the first in what is expected to be a series of traveling sales pitches on taxes from the president.

But the White House is not ready to spell out what the rewrite will look like or what kind of price tag it will carry.

Treasury Secretary Steven Mnuchin and National Economic Council Director Gary Cohn have been meeting regularly with Republican congressional leaders to discuss tax policy. Thus far, though, they've only committed to a vague statement of principles which calls for lower tax rates on both individuals and businesses. Cohn said it will be up to lawmakers to fill in the details.

"We've got a great, I would say, skeleton," Cohn told reporters earlier this month. "We need the Ways and Means Committee to put some muscle and skin on the skeleton and drive tax reform forward. And it's our objective to do that between now and the end of the year."

With Republicans in control of the House, Senate and the presidency, supporters have described this as a once-in-a-generation opportunity to overhaul the tax code in accordance with GOP principles. But after Trump's insistence on swift, ultimately unsuccessful bids to repeal the Affordable Care Act, some observers are skeptical that Trump has the patience or discipline to see a tax overhaul through to completion.

Mnuchin insists tax cuts are now Trump's No. 1 priority.

Let them eat tax cuts. That's what the good people displaced by this hurricane really need. This ain't his first rodeo.

Tomorrow's headlines will be if any Texans lost their documents in the floods and are even one or 2 shades darker than orange, they will be deported because their labor is not needed for rebuilding.

He knows which side his bread is buttered, bless his heart. Everything is bigger in Texas, even the flooding.