Trump’s allies make pressure on a tax reduction in Congress

Allies of the president Donald Trump Congress urges Congress to take and accept a tax reduction package that is constantly disseminating Trump’s tax law 2017 to avoid their ending at the end of the year and forcing Americans to rise.

Economist Steve Moore, co -founder of the Committee for Welfare, talked to Fox Business in an interview with the formation of tax reduction, new coalition groups of taxpayers, business executives, state organizations and grassroots activists who will advocate a permanent A tax reduction bill.

The group launches an advertising campaign aimed at helping Congress in order to quickly take tax reduction measures to prevent tax reducing 2017, which will be effective with a tax increase for many American households.

“The most important priority is to do everything in Trump’s tax reducing 2017, so it does not leave,” Moore said. “Most of these functions will disappear at the end of this year, if we don’t. So it’s a giant priority.”

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President Donald Trump and Republicans Congress are seeking to expand the policy from the passing in accordance with the 2017 tax and job reduction law. (Jabin Botsford / The Washington Post via Getty Images / Getty Images)

Moore said to make tax reduction constantly ensure that US companies can compete with their peers abroad. Tax Law 2017 has reduced Betting a corporate tax Up to 21% of 35%, which was one of the highest rates in the world, and included provisions that helped small businesses.

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

Finance Minister Scott Infant

Most US households have their overall tax burden after the law, known as the law on tax and job lower American households Thousands of dollars next year.

“The average family has saved about $ 3,000 annually in tax payments, and by the way, if it is not done, they are going to pay $ 3,000 a year more taxes next year, which no one wants to see,” he said.

Steve Moore is the co -founder of the well -being committee and helps to reduce tax reducing. (Fox News)

Moore said that Trump administration And Republicans in Congress need to prioritize taxation of taxation, saying that the ideal purpose would be to sign it into the law around the Day of Remembrance to encourage businesses more quickly invested in America and to stimulate financial markets.

“When Trump made some mistake in his first few months in office, I think he did not make this first priority, and I think it should be because the sooner we sign, they were sealed and delivered, the sooner you will see how the Raar stock market is back,” he explained.

“You are going to see businesses that hire more workers than if -anything before. You’ll see a lot of investment. And Trump has told about it that we are already starting to see some of these companies, hundreds and hundreds of billion dollars invested here in the US.”

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The wall continued to explain that the president has “a lot of political capital to do so, and if it happens, it really rests on the president’s shoulders – he who can survive it.”

“Once Trump interferes and bends here his political muscle and gets Senate and house Together we sit at the table, we will do this business, you are going to see a big economic boom in this country, ”he said.

Republicans in Congress can adopt a bill to reduce the party votes using the reconciliation process. ((Photo by Karen Bleier / AFP via Getty Images) / Getty Images)

He also pushed away from the problems caused by the Democrats, as well as some scarce hawks regarding the potential impact of tax renewal Budget deficitclaiming the revenue has increased as a result of Trump’s first tax reduction.

“Many Democrats say it will increase the $ 4 trillion deficit when we submit this tax reduction. But this is wrong, the same people who said it would cost a $ 4 trillion treasury, and the same people, five years ago when we initially adopted a bill that said it would be.

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“If more people work and businesses are more profitable, then you get tax revenues,” Moore said. “For those who are concerned about the budget deficit, and I am definitely one of them … We must make sure that we have a reliable, strong economy because when people work is the best way to cut our debt.”