Trump’s Treasury pick promises biggest middle-class tax cut since Reagan

by
November 30, 2016

President-elect Donald Trump is going to ensure that the country gets “the most significant middle-income tax cut since Reagan,” Steve Mnuchin, Trump’s pick for Treasury secretary, told reporters Tuesday.

Mnuchin said at Trump Tower in New York that Trump’s tax plan would be a top priority for the incoming administration, and that it would include lowering both corporate taxes and personal income taxes for the middle class. It would also get companies to repatriate their overseas earnings to the United States and include benefits for child care, he said.

“This is going to be a tremendous boon to the economy,” he said.
The last major tax reform overhaul passed under President Reagan in 1986.

The Treasury secretary pick said that the Trump administration’s “No. 1 priority” would be the economy and achieving economic growth of 3 to 4 percent. “We believe that’s very sustainable,” he said.

Another goal for the incoming administration is infrastructure spending.

“We need to make sure that our infrastructure is built for the 21st century,” Mnuchin said. He added that the administration would look at “a lot of different things” to pay for it, including public-private partnerships.

?>

Keep the Fake News Media in check.

Don’t let the MSM censor your news as America becomes Great Again. Over 500,000 Americans receive our daily dose of life, liberty and pursuit of happiness along with Breaking News direct to their inbox—and you can too. Sign up to receive news and views from The 1776Coalition!

We know how important your privacy is and your information is SAFE with us. We’ll never sell
your email address and you can unsubscribe at any time directly from your inbox.
View our full privacy policy.

Facebook Auto Publish Powered By : XYZScripts.com
Google Analytics Alternative