Washington is the closest to major tax-cutting reform in 30 years, according to a powerful House chairman who also promised that the Treasury Department “will take less” from business and regular working Americans.
Expanding on a theme President Trump and his chief spokesman pushed Monday, House Ways and Means Committee Chairman Rep. Kevin Brady said that “growth, simplicity and service” will be the focus as the GOP seizes on its mandate to cut taxes and spending.
.@RepKevinBrady: Pro-Growth Tax Reform Will Pass in 2017 via @MSNBC https://t.co/5hJSaSg0xY
— Greta Van Susteren (@greta) January 24, 2017
“Very few predicted President Trump’s election with Republican majorities in both the House and Senate would move us to closer to pro-growth tax reform than at any point in the last 30 years,” the Texas Republican told the U.S. Chamber of Commerce Tuesday.
“Washington will take less so local businesses can invest more in their workers, their community, and their future,” added Brady.
The president has promised to cut taxes for all and the chairman indicated that the plan is well underway to becoming law.
For the first time in years, GOP tax cutters have an ally in the White House and Team Trump has become very vocal in putting taxpayers first.
On Monday, for example, while explaining the reason for freezing federal hiring, White House Spokesman Sean Spicer said, “There has been to some degree frankly a lack of respect for taxpayer dollars in this town for a long time and I think what the president is showing through the hiring freeze is, first and foremost today, is we’ve got to respect the American taxpayer.”
He added, “They’re sending us a ton of money, they’re working real hard, some people working two, three jobs just to get by, and seeing money being wasted in Washington on a job that is duplicitous is insulting to the hard work that they do to pay their taxes.”
Brady also went all in with Trump’s plan to help products made in America by doing exactly what foreign nations like China do to hurt U.S. imports by slapping a “border” tax on them while cutting taxes on their own products.
“This means today Chinese steel is cheaper here in the U.S. than American steel. Mexican beef and autos are cheaper than American beef and autos. Foreign oil is cheaper than American oil,” he said, adding, “This tax disadvantage on ‘Made in America’ products and services destroys true competition. Worse, it often means the best location for a U.S. company to sell to America is overseas. Why accept such an unfair and job-killing tax code?”
Paul Bedard, the Washington Examiner’s “Washington Secrets” columnist, can be contacted at [email protected]
