Trump allies make push for tax cut plan in Congress

President’s allies Donald Trump The Congress is connected to the Congress and a package of tax reduction, which is constantly expanding the provisions of Trump’s 2017 tax legislation so that they expire by the end of the year.

Economist Steve Moore, the co-founder of the commission to unleash the prosperity, spoke about the formation of a tax reduction alliance with an interview with Fox Business, a new coalition of taxpayers, state organizations, which will be protected permanent. Tax reduction billA number

The group is launching a promotional campaign to support the Congress to speed up the tax reduction package to prevent the period of 2017 taxes, which will effectively increase taxes to many American households.

“The most important priority is that everything that was in 2017. “Most of these features would leave the end of this year if we do not make it. So it’s a giant priority. “

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President Donald Trump and Republicans of the Congress want to extend the policy due to the 2017 tax cuts and workplace. (JABIN BOTSFORD / THE WASHINGTON POST VIA GETTY Images / Getty Images)

Moore noted that making tax cuts permanent will ensure American companies can compete with foreign peers. The 2017 Tax Law has reduced Corporate tax rate 35% to 21%, which was one of the highest indicators in the world, as well as the provisions that helped small businesses.

“We especially want to make sure that business tax rates remain low so that America will remain competitive when we Compete against China And Germany and Japan and other countries, “he explained.

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Most American-Armenian households saw that their total tax burden decreases after the law is known as tax cuts and jobs. American households Thousands of dollars next year.

“The average family kept about $ 3,000 at their tax expense every year, by the way, if it does not end, if this does not end, they are going to pay $ 3,000 next year,” he said.

Steve Moore is the co-founder of the commission to unleash the prosperity and helps to manage taxes to the victory alliance. (FOX News)

Moore said that Trump Management And in Congress, the Republicans should prioritize the extensions of tax reduction, saying that it would be the ideal goal of the Memorial Day to promote businesses faster in America and promote financial markets.

“If Trump has made any mistakes in his first two months, I think he did not make it first priority, and I think it will make it the stock exchange sooner.

“You’re going to see more employees hire businesses than ever. Are you going to see a lot of investments?

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Moore explained that the president has “very political capital”, and if it happens if it happens, he can really get it. “

“Once the Trump intervene and goes out to his political muscles here and gets Senate and home Together we sit around the table, we are doing this job, you are going to see a great economic boom in this country, “he said.

In Congress, Republicans can pass a tax reduction bill on party line voices using the reconciliation process. ((Photo by Karen Blair / AFP Getty Images) / Getty Images)

He also pushed back Democrats, as well as some deficiency armchairs, the possible impact of federal reduction Budget deficitsarguing that income has risen due to Trump’s first tax cutting bill.

“Many Democrats say it will be a $ 4 trillion dollar, if we convey the reduction of this tax.

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“When more people work, and businesses are more profitable, that’s when you get tax revenues,” said Moore. “For those who are worried about the budget deficit, and I am, of course, one of them … We need to make sure that we have a stable, strong economy.”