President Donald Trump declared Wednesday that his push to overhaul the nation’s tax system would “bring back Main Street by reducing the crushing tax burden”. (Aug. 30)
President Trump went from Texas to taxes on Wednesday, following his tour of Harvey’s damage with a MainÂ Street-focused pitch in Springfield, Mo., for what he called “pro-American tax reform.”Â
Sounds great,Â except the plan barely exists. Trump’s speech proved heavy on promises and light on specifics, essentially repeating a single-sheet outline for tax reform he debuted in April. Trump called forÂ simplifying the tax code, lowering the rate on overseas profits and slashing the corporate tax rate from 35% to 15%.Â
“This is our once-in-a-generation opportunity to deliver real tax reform for everyday hardworking Americans,” Trump said.Â
Yet tax reform efforts are barely breathing in Congress â stuck somewhere behind bigger priorities like the budget, infrastructure and health care. Still,Â Trump seemed excited to talk about Americans’ taxesÂ âÂ just don’t ask him about his own.
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Trump’s pal says his border wall may have to wait
A close ally of the president’s, Rep. Mark Meadows of North Carolina, said most members of his conservative Freedom Caucus would be willing to vote for a short-term funding bill to prevent a government shutdown,Â even if it didn’t include funding for a southernÂ border wall.Â That seems at oddsÂ with Trump, who said last week that he was willing to shut down the government if Congress didn’t provide funding for his would-be signature wall.Â âWeâre calling on our leadership to go ahead andÂ pass a funding bill the first week back,” Meadows, who chairs the Freedom Caucus, said.
Most Americans don’t like Trump’s conduct
AÂ new poll from the Pew Research CenterÂ found that 58% of Americans don’t like the way Trump hasÂ handled…