Tags: donald trump | tax reform | ben stein this year

Ben Stein: Trump Won't Get Tax Cuts This Year

Image: Ben Stein: Trump Won't Get Tax Cuts This Year
President Donald Trump (AP)

By    |   Friday, 06 Oct 2017 06:37 PM

President Donald Trump will not get his tax-reform plan through Congress this year because "Mr. Trump is having so much trouble getting anything done," economist and writer Ben Stein said Friday.

"I hate to say this, because Mr. Trump is having so much trouble getting anything done," Stein, a speechwriter for former Presidents Richard Nixon and Gerald Ford, told Deirdre Bolton on Fox Business. "I don't see him getting it through.

"I can see them getting it through the House," the actor said. "I cannot see them getting through the Senate.

"Anyway," Stein added, "I don't see what the hurry is about.

"The economy is booming like crazy. There's prosperity at almost every level except the very bottom level of society."

Stein, 72, is author of the new book, "The Capitalist Code: It Can Save Your Life and Make You Very Rich."

"I don't think we need any kind of tax cuts," Stein told Bolton. "It just passes on larger deficits to our children and grandchildren, except for the corporate tax cut.

"There should never have been a corporate tax," he explained. "It should just be taxed directly to the stockholders."

Stein also dismissed years of promises by politicians that tax cuts pay for themselves by spurring economic growth.

"All the president said, all the Democrats and Republicans say is we're going to make it work because there's more growth — and it's going to be more stringent with less waste, fraud and abuse in government.

"It never ever works.

"We just keep adding good deficits," Stein said. "Our grandchildren are guaranteed in blood a bankruptcy."

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President Donald Trump will not get his tax-reform plan through Congress this year because "Mr. Trump is having so much trouble getting anything done," economist and writer Ben Stein said Friday.
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2017-37-06
Friday, 06 Oct 2017 06:37 PM
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