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Trump Tax Plan
By Trevor Valescu | April 26, 2017
Today around 1:30pm EST, in the White house Press Room, Secretary of the Treasury Steve Mnuchin and National Economic Director Gary Cohn announced President Trump’s Tax Reform plan said to be one of the biggest tax cuts in the history of our nation. Small and large businesses, mom and pop shops, etc will all have their taxes brought down to a flat tax of around 15% to encourage growth and staying within the United States. They also went along to mention the removal of the Death Tax, a controversial tax that put strain on families on an unfair tax that shouldn’t have existed in the first place. Along with the Death Tax, taxes themselves will be simplified in a manner that doesn’t require a professional to do your taxes for you, and won’t require you to do them twice as some require now. This tax cut is a net boon to the American people as a whole, keeping more money in their pockets from their earnings, and encouraging a growing jobs markert for the unemployed to find work and feed their families. While this is only an outline and not the bill in its entirety, the larger tax cuts are being worked out with the Senate and the House so that this reform will become law once signed by the President. It’s a large step in the right direction after many weeks of uncertainty and ill news coming from left and right. I will make more posts as information pours in as the day goes on. God Bless America, and God Bless President Trump.
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