‘It’s going to cost me a fortune’: Trump pitches ‘tax cuts and reform’ in Missouri

by Sarah Westwood
November 30, 2017

President Trump highlighted congressional Republicans’ progress toward passing a tax reform bill and touted the success of the economy on his watch during a wide-ranging speech in Missouri on Wednesday.

“Right now, America’s tax code is a total dysfunctional mess,” Trump said during a rally in St. Charles, Mo. “You’re going to have something, I predict, that will be really, really special.”

“Our plan gets America from the back of the pack and it will bring us right to number one, where we were for years but where we haven’t been for decades,” Trump said. “We’re going to be right back at number one.”

Trump stressed that the reduction in rates contained in Republicans’ tax plan will benefit the middle class and not high-income households, as Democrats have alleged.

2 Comments - what are your thoughts?

  • oldgringo says:

    If the new tax plan will only benefit the rich one would think that those members in congress (Dems and Repubs) would all be for it…simply because they have become compatriots of the rich…there are no poor or middle class congressmen/women in comparison to the monies I have in my bank account…they are the rich and the super rich…Maybe that’s why members of congress don’t want to pass any meaningful tax legislation that would actually benefit the American people…they are a greedy self serving lot bent on fleecing the American Public of their hard earned monies in the form of unjust taxes..and to think we the “stupid” people elected them into office of which they are undeserving.

  • bobnstuff says:

    If your were going to design a tax plan to cut Trumps taxes you would be hard pressed to do a better job. We don’t know what Trump pays in taxes so we must guess but based on the types of business and where his income is from he will be one of the big winners in this deal. We know his Estate will save up to a billion dollars when he dies. We also know that there is nothing to help the small business’s here even though the name would imply that this bill would create jobs and it’s the small business that do most of that. We need real tax reform that makes the tax code fair and clear cut. We also need the Republicans to live up to the standards then asked the Democrats to live by when it comes to tax cuts and government spending. The fact that the Republicans are pushing this bill through will only 20 hours of debate and that most of it’s creation was done behind closed doors should send up warning flag. Trying to rush the bill through before the beginning of the next election cycle should also tell us that the Republican fear they will not be in charge of the congress after the next election because of the job they have and if they want to pay back their rich donors they have to do it in a hurry.

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