Trump promises ‘chance to unleash a middle-class miracle’

By Bob Unruh

TrumpHeritage

President Trump visited the Heritage Foundation Monday night to promote his tax reform plan, promising Americans, “This is our chance to unleash a middle-class miracle.”

“Let’s give our country the best Christmas present of all: Massive tax relief,” he said, encouraging listeners to call their senators, their members of the U.S. House, and asked for their support for the president’s plan.

He outlined the key components: the first $24,000 for married couples tax-exempt, a simplified tax filing process so “families will be able to file their taxes on a single sheet of paper,” a reduction in business taxes, and policies that will encourage the repatriation of what he estimated at more than $3 trillion that’s now sitting overseas.

“So this money can come back home to America,” he said. “Believe me, we can use it in this country.”

Trump, and the GOP, have made overhauling the tax code one of their highest priorities for the rest of this year.

He’s already delivered a series of speeches on the plan, and repeatedly has focused on points that he believes will get the attention of the middle class.

Mark Taylor and Mary Colbert write in “The Trump Prophecies” about the miracle of the 2016 election, and what the Body of Christ should do – now – for the nation.

Critics allege that his benefits will actually go to businesses, but economists point out that it is those businesses that create jobs for Americans.

The exact impact isn’t known, as the outline still is only a proposal, not law.

Ed Feulner, chief of the foundation, commented earlier, “Congress has a once-in-a-generation opportunity to deliver sweeping, pro-growth tax reform for the American people.”

Trump explain his bullet points will double the zero bracket, raise the child tax credit for working families, and remove the “self-inflicted wound” of very high tax rates for business.

His plan would set the corporate tax rate at “not more than 20 percent,” far below the current 35 percent.

He’d also “allow our companies to expense the full cost of new equipment in the year they buy it” and end “the horrible and very unfair estate tax as also known as the death tax.”

Overall, he said, estimates are that the tax changes could give “the typical American family” the equivalent of a $4,000 annual raise.

For those who want to call their members of Congress, he said, “Don’t give ’em a hard time.”

But he said he needs help to give the nation tax relief for Christmas.

He cited the issues he’s already been addressing, the border wars, chain migration, cooperation with other nations, a military that is effective against ISIS, pulling out of “one-sided deals” that don’t benefit America, the fight against terrorism, the need for Constitution-faithful judges, and more.

“We’re going to be saying ‘Merry Christmas’ again,” he said.

Marc Short, the president’s legislative affairs director, is urging for the work to be done by the end of the year.

“We need to turn this economy around,” he told “Fox & Friends.” “It’s begun to turn under the president’s leadership and rolling back the regulatory state.”

Mark Taylor and Mary Colbert write in “The Trump Prophecies” about the miracle of the 2016 election, and what the Body of Christ should do – now – for the nation.

Source:: World Net Daily Faith

Share this:
Facebooktwittergoogle_plusredditpinterestlinkedinmailFacebooktwittergoogle_plusredditpinterestlinkedinmail

Leave a Reply

Your email address will not be published.