See also: Spin Different. Friends: Downing Street (UK) & The UN Secretary-General
The Government Says
Unofficial blog of briefings from the Whitehouse. Based on DowningStreetSays.com.

Whitehouse List

Whitehouse Press Briefings with alerts and comments - for you to read and respond to what the Press Secretary actually says, rather than what they were reported as saying.

If you spot any problems or have any comments, drop me an email

Email me when appears in a briefing. Email:
National Taxpayers Union: "Tax reform makes America competitive again"

National Taxpayers Union: "Tax reform makes America competitive again" | whitehouse.gov

the WHITE HOUSEPresident Donald J. Trump

Search form

The White House
Office of the Press Secretary
For Immediate Release

National Taxpayers Union: "Tax reform makes America competitive again"

“Every Senator should support passage. Failure to cast a ‘yea’ vote could result in this opportunity slipping away, condemning our economy and country to the status quo.”

Tax reform makes America competitive again

By Michael D. Fryt and Pete Sepp

The Commercial Appeal [Memphis, Tennessee]

November 30, 2017

The U.S. Senate has the best opportunity in recent memory to do something truly beneficial for our country: Pass tax reform.

Every Senator should support passage. Failure to cast a “yea” vote could result in this opportunity slipping away, condemning our economy and country to the status quo.

Our tax code is a mess, well-known by tax experts, economists, and politicians from both parties for being economically self-destructive.

It contains a corporate tax rate that is among the world’s highest, and policies that distort basic business decisions – decisions directly affecting jobs and wages.

Most countries have aggressively improved their tax systems in the last 30 years to grow their economies by attracting new businesses. For example, the American Action Forum reports that, since 1988, all but two countries, New Zealand and the U.S., have dramatically reduced their corporate tax rates.

The Senate bill says “enough.” In a preliminary analysis, the Tax Foundation estimated that the bill, before amendments that could improve its revenue score, would produce higher wages, 900,000 new jobs, and sufficient economic growth to be very close to revenue-neutral over 10 years, assuming a current policy baseline.

Tax reform should pass not for our own selfish interests, but in the interests of our country’s future -- our children’s and grandchildren’s future.

The great majority of individuals, families and businesses will see lower tax bills if tax reform passes. Most will see their tax-filing processes simplified. But the biggest impact will be from economic growth — which benefits everyone.

Read the full op-ed here.

seen at 21:04, 30 November in Whitehouse Press Briefings. Email this to a friend.
Next item; Original source;


 Copyright Statement and About "The Government Says".