Trump Gives up On Tax Overhaul Plan

blackascoal

The Force is With Me
http://www.msnbc.com/rachel-maddow/watch/trump-gives-up-on-tax-overhaul-plan-918421571632

President Trump No Longer Has a Tax Plan

President Donald Trump has scrapped the tax plan he campaigned on and is going back to the drawing board in a search for Republican consensus behind legislation to overhaul the U.S. tax system. … Some view the search for new options as a result of Trump’s refusal to set clear parameters for his plan and his exceedingly challenging endgame: reducing tax rates enough to spur faster growth without blowing up the budget deficit. Administration officials say it’s now unlikely that a tax overhaul will meet the August deadline set by Treasury Secretary Steve Mnuchin.

At least the White House is totally clear on its political strategy: According to the AP, “administration officials have signaled that they want to pass tax legislation with only Republican votes.”
So, naturally, one of the administration’s newest ideas is “a drastic cut to the payroll tax, aimed at appealing to Democrats.”

Confusion is understandable.
http://nymag.com/daily/intelligencer/2017/04/trump-no-longer-has-a-tax-plan.html

Trump-taxes: President scraps tax plan, timetable threatened
http://hosted.ap.org/dynamic/storie...ME&TEMPLATE=DEFAULT&CTIME=2017-04-09-08-36-18

:rofl2:
 
It looks like they are looking to not blow up the deficit? *I suppose only Dems can do that*
I do not know why they don't do things smallball - do simplifications first.'

same with immigration-why try Compehensive with a Congress that is constantly constipated
and unable to pass anything large?
I said the same this under Obama. Congress can't do anything, so do it small.
 
Back
Top