Trump administration back to square one on tax reform

by FOXNews.com  |  published on April 10, 2017

694940094001_5381660683001_5381639707001-vsPresident Trump has gone back to the drawing board on is tax reform as he looks for wide-ranging Republican support behind legislation to overhaul the tax system.

White House officials have said that it is unlikely a tax overhaul will meet the August deadline set by Treasury Secretary Mnuchin. The White House is trying to learn from the failure of enacting a new health care law to replace ObamaCare and take a more active role in getting legislation passed.

White House aides told the Associated Press Monday that the goal is to cut tax rates sharply enough to improve the economic picture in rural and industrial areas of the U.S. However, the administration so far has swatted down alternative ways for raising revenues, such as a carbon tax, to offset lower rates.

Trump has not said which trade-offs he might accept and had remained noncommittal on the leading blueprint for reform from Rep. Kevin Brady, R-Tex., the chairman of the Ways and Means Committee.

  • texexpatriate

    All but two or three Senators in D.C. really want to see a tax decrease. The rest of Senators and all but a dozen GOP Congress people don’t want one either.

  • justinwachin

    I don’t support a carbon tax under any circumstance. Once such a tax gets put into place it will grow and hit working class people extremely hard.

  • Walter Flatt

    YOUR ARE WRONG AGAIN, YOU HAVE BEEN WRONG REGARDING EVERYTHING YOU HAVE SAID ABOUT TRUMP. NO ONE KNOW, OR WILL KNOW HIS INTENTIONS UNTIL AFTER THE FACT.

    YOU ALL AND THIS GOVERNMENT HAD BETTER WORRY ABOUT THE MUSLIMS HERE AT HOME.

    PUBLIC LAW 414, PAGE 2, SECTION 212, WAS PASSED IN 1952 THAT BANS ALL PEOPLE TRYING TO DESTROY OUR COUNTY, AND MUSLIMS QUALIF TO BE DEPORTED. READ THE QURAN, THEIR BIBLE.

    COULD IT BE THAT OBAMA HAS SET US UP FOR HIM TO LEAD A MUSLIM INVASION OF OUR COUNTRY? READ THEIR BIBLE, THE QURAN.

    IF NOT,

    WHY ARE THERE 5 MUSLIM CAMPS IN N. VIRGINA, CLOSE TO DC.

    WHY TRY AND BUY UP ALL AMMO AND TAKE OUR GUNS.

    WHY ALLOW IN EXCESS OF 36 MUSLIM CAMPS. (PERHAPS HUNDREDS)

    (BUILD A FEMA CAMP IN EVERY STATE? SOME STATE HAS MORE THAN ONE. BUILT AND SUPPORTED BY YOUR TAX MONEY.

    WHY, WHILE IN OFFICE, DID HE SET HIS CABINET WITH MOSTLY MUSLIMS.

    WHY, WAS HILLIARY’S TOP AIDE A RADICAL MUSLIM,

    LAST WHY, DID OBAMA SEND BILLIONS TO HIS MUSLIM FRIENDS.

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