Source Politico: Trump to seize populist mantle for pitching messy tax overhaul

President Trump to Speak in Springfield

President Donald Trump kicked off his tax reform push on Wednesday with a speech in Springfield, Missouri, advocating for a massive tax cut while imploring Congress to follow through.

"They acted very swiftly by cutting taxes lower and lower and lower and reforming their tax systems to be far more competitive than ours", Trump said.

The venue has significance to Trump's pledge to American workers, the White House said.

President Donald Trump will speak at a Springfield manufacturing facility in a private event Wednesday.

The speech, meant to shift Washington's focus from the failed overhaul of the Affordable Care Act to tax reform, is not expected to contain policy details. "And I am fully committed to working with Congress to get this job done". Republicans haven't lost a statewide race since 2012, when McCaskill won her second term. "She's got to make that commitment".

Trump made a slew of promises about his tax plan.

"For tax reform to be permanent it must be bipartisan, and to be serious it must abandon the exhausted myth that tax cuts pay for themselves", said Rep. Steny Hoyer (D-Md.), the minority whip.

"Under this plan, the richest Americans would become even richer at the expense of middle-class families", Perez said in a statement. "Instead of trying to benefit themselves, Trump and Republicans should work with Democrats to enact real, bipartisan tax reform for the middle class".




In Washington, few disagree that tax reform is needed, but the "how" is the hard part.

The White House is dodging such questions.

Not only will the legislature have to deal with the relief efforts for Hurricane Harvey, but it must also deal with the debt ceiling, avoiding a government shutdown, and a slew of agency reauthorizations before the end of the month.

"And I'm speaking against myself when I do this, I have to tell you", he said. "There aren't going to be policy-specific details within it", the official said. She will be under pressure to break with her party and back Mr. Trump's plan, if he can sell it to voters in Missouri and across the country. The GOP also intends to eliminate the death and estate taxes and to slash the corporate tax rate "as low as possible".

Trump envisions a corporate tax rate dropping from 35 percent, now the highest in the industrialized world, to around 15 percent.

Republicans control both chambers of Congress, but there is hardly a consensus on tax reform and talks on the issue look set to be arduous.

For instance, the administration has not stated publicly what will be the precise scope of Trump's tax reforms.

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