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Rep. Mo Brooks: Trump Tax Proposal Long Way From Finished

(Newsmax TV)

By    |   Thursday, 27 Apr 2017 03:55 PM

President Donald Trump's sweeping tax reform proposal is only a "trial balloon to get feedback that can be used to hammer out a definitive plan, Rep. Mo Brooks tells Newsmax TV.

"It's a trial balloon and in politics, a trial balloon is floated, a bunch of ideas and to figure out what the reaction is to those ideas," Brooks, an Alabama Republican, said Thursday on "America Talks Live" with Bill Tucker.

"Things where the reaction is not so good with, will drop out of what is eventually the bill we're asked to vote on. Things that are good, they'll be in the final version and there might be some other things added."

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Brooks, a member of the House Freedom Caucus, said the nation's deficit and debt impact has to be" a major consideration" of tax reform legislation.

"We cannot continue as a country to accumulate such high debt levels that we increasingly risk the kind of insolvency and bankruptcy now being suffered in Venezuela," he told Tucker.

"According to the International Monetary Fund, this year, Venezuela's inflation rate is going to be 2,200 percent.

"Now to translate that to something Joe Citizen can readily understand, imagine a gallon of milk that cost $2 last year, $44 bucks for that same gallon of milk this year, and then almost $900 a year from now."

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President Donald Trump's sweeping tax reform proposal is only a "trial balloon to get feedback that can be used to hammer out a definitive plan, Rep. Mo Brooks tells Newsmax TV.
mo brooks, tax reform, plan, proposal
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2017-55-27
Thursday, 27 Apr 2017 03:55 PM
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