Come on down to Crazy Donnie big White House sale, folks I’m telling ya it’s gonna a be YUGE for business as we slash and cash the latest phenomenal things to get you through the door because I’m kinda really smart guy, so come on down but be careful entering at the wall.
Yes we’ve needed a tax overhaul for decades but you can only blame Congress, you know the same jag-offs that you keep sending back each election cycle, for kicking the can down the road on budgets, Social Security and Medicare Reform, Tax Reform and a host of other really big deals. But don’t give me these stupid teaser trailers of “big things to come” bullshit just to keep yourself in the headlines – PB/TK
Trump vows ‘phenomenal’ tax announcement, offers no details – By David Morgan February 9, 2017
WASHINGTON (Reuters) – U.S. President Donald Trump plans to announce the most ambitious tax reform plan since the Reagan era in the next few weeks, the White House said on Thursday, sending stock prices and the dollar higher on hopes for a cut in corporate tax rates.
In a White House meeting with airline executives, Trump promised a “phenomenal” tax plan, but offered no specifics other than citing the need to a lower tax burden on businesses.
“That’s coming along very well. We’re way ahead of schedule,” the president said. “We’re going to be announcing something I would say over the next two or three weeks that will be phenomenal in terms of tax and developing our aviation infrastructure.”
White House spokesman Sean Spicer later told reporters that Trump would unveil a comprehensive tax plan including tax cuts for individuals as well as businesses.
Despite the likelihood of disagreements in Congress before tax reform can be enacted, the U.S. dollar rose along with bond yields and stocks in response to the news.
Under U.S. law, only Congress can substantively change the tax code, which has not been overhauled thoroughly since 1986. Tax legislation must begin in the House of Representatives.
Continue to oann.com article: http://www.oann.com/trump-promises-phenomenal-announcement-on-taxes/
