Trump may be making tax cut bills impossible
November 2, 2017
Trump faces the challenge of reducing the national debt while cutting taxes for Americans.
According to many, tax reform is complicated. To achieve the “largest cut in history,” Trump’s proposed framework exceeds cuts of 5.8 trillion dollars. While GOP conservatives call for a more reasonable number to create an effective tax cut, Trump is adamant this number is the only one that will work. Trump’s administrative team is reportedly “attempting to convince him otherwise” when it comes to the elephantine number, according to the New York Times.
On September 28, Trump spoke out about the new tax reform framework: “I’ve been waiting for this for a long time. We’re going to cut taxes for the middle class, make the tax code simpler and more fair for everyday Americans. And we are going to bring back the jobs and wealth that have left our country and most people thought left our country for good.”
Republicans, however, disagree with the overarching simplicity of his proposed plan.
Although simplicity and cuts for taxes are key points on the list of the GOP agenda, House Republicans are arguing the plan is “just too simple.” The proposal came with numerous other issues, causing notable red leaders such as Mitch McConnell and Lindsey Graham to refute the proposal publicly and even state they wouldn’t vote for it, demonstrating the seemingly stagnant relationship between the President and legislature on Capitol Hill.
Republicans and Americans everywhere continue to look forward to a possibly less simple plan that could be more beneficial to all.