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President Donald Trump Goes On Road Trip To Sell Tax Reform Plan

President Donald Trump Goes On Road Trip To Sell Tax Reform Plan

President Donald Trump will start his campaign to reform the nation's tax code Wednesday with a speech in Springfield, Mo.

The theory: If Congress cuts corporate tax rates and reforms business taxes, that will boost investment in the United States - and that, in turn, will create jobs and boost wages. "And if she doesn't do it for you, you have to vote her out of office", Trump said to applause.

Mr Trump was speaking in Springfield, Missouri at what was billed as a tax reform kick-off event. The current tax code is too complicated, too costly and too time consuming for most families to understand and file their taxes.

"This is an area on which I'm optimistic President Trump and I will find common ground", she said in a statement to the Washington Post over the weekend.

Trump's attempt to frame the debate comes as he and his administration have raised the need for tax reform in fits and starts since the early days of his presidency.

He said "one by one we're fixing it".

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Missouri will be the first stop of many for Trump's tax tour in the coming weeks. According to the Springfield News-Leader, company executives contributed to Trump's presidential campaign previous year.

Republicans had been thinking about a tax reform on par with the last big one.

His administration is pushing for a simpler tax code and lower rates, but it has said it will leave the details of the proposal to Congress. The $876 million cut, which is included in the 1,305-page measure's homeland security section, pays for roughly half the cost of Trump's down payment on the U.S. -Mexico border wall that the president repeatedly promised Mexico would finance. "I see them putting these ideas out as though they're making progress, but they are the same regurgitated ideas we've been talking about for 20 years that have never gotten past the white-paper stage". Schumer says if Trump wants to use populism to sell the plan, "he ought to consider actually putting his money where his mouth is" and cut taxes for the middle class.

After more than seven months in power, Trump and Republican leaders who control both the U.S. Senate and the House of Representatives are still far from agreement on a tax package, leading some market analysts to lower expectations for changes this year.

"I think Congress is going to make a comeback, I hope so", Trump continued, to cheers from the audience.

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