LARRY KUDLOW: Congressional Republicans must not stop the Trump Tax Cuts

Suddenly nothing, but bad news leaves the Republican Congress with tax cuts. Some household people talk about a 5-year extension of Trump’s tax cuts. Senators talk about 2 or even 3 budget bills that will put tax cuts on the back of the queue. This is a bad economics and a bad policy.

Are the Republicans suffering from amnesia about the economy? What was the number one problem in last year’s election? And there was 2 components in the economy. Inflation and accessibility. In other words, about 20% of BidenFlation, the real salaries of the average and low-income blue-collar workers descended. The successful coalition of Mr. Trump’s working order was not based on racial, sex or left-handed culture. It was based on the income chamber.

There are 2 ways to make average income wallets. The inflation off, which was low energy costsand less Government Expenditure and Printing Moneyand cut their taxes. The supply side policy is always political and economic winners. Work-class voters could not afford to live in Biden’s economy. But the republican economic policy should give people a lot of elbows to work people so that they can obey their wallets and easily allow trump card. And if Republican dependence is a bunch of failed economic models from government bean calculators, as CBO, GOP must stand and fight it.

2017 Revenues after Trump Tax Reductions increased by 1.5 to $ 2 trillion. Even CBO acknowledges that it was about $ 2 trillion to their early assessments. And although it seems that the Arkan and in the Forest, the GOP should use Senator Mike Capo’s basis. Thus, they are not right to spend $ 4 to $ 5 a trillion. Yes, they must spend 3% of Scott Bessent’s GDP deficients. And lower the debt to the GDP ratio. But the dividend of the growth of Taffi curve from the tax cut will be huge.

Here’s what the story of the show is. And there is another reason that the GOP should touch all the reductions of taxes. The president wants.

He was chosen to reduce taxes by others. As Spokeswoman for White House Spokesman Carolin Levit said, Mr. Trump’s tax priorities are very clear. Products and eliminate the special tax breaks of billionaires including the owners of the sports team. Or interest rates in the investment. These are presidential priorities. He won the election in the election.

His working order coalition was based on black people, Asians, youth, women, that coalition, it was mainly based on the belief of optimism. Trump can rejuvenate the economy and unlimited access to the possibility of the possibility that Mr. Trump was chosen. The Republicans of the house and the Senate should not stand on the way to President Trump.