Tags: Trump Administration | Trump Tax Reform | house | freedom caucus | jim jordan | tax cut

Rep. Jordan: Tax Framework Answers Freedom Caucus Questions

Image: Rep. Jordan: Tax Framework Answers Freedom Caucus Questions
Rep. Jim Jordan, R-Ohio (Susan Walsh/AP)

By    |   Thursday, 28 September 2017 03:33 PM

Members of the House Freedom Caucus had been concerned about whether President Donald Trump's framework for tax reform would cut taxes, simplify the code, and produce economic growth, and it sounds like the answers are all yes, founding member Rep. Jim Jordan, R-Ohio, said Thursday.

"We know what the corporate rate is going to be, the small business rate," Jordan told Fox News' "America's Newsroom."

"How many brackets [would be] on the personal side? Those were some of the details and specifics we wanted before we were willing to move forward. We're strongly in favor of this and support the budget and move forward hopefully to get tax reform and tax cuts for families soon."

Caucus members held out until there were some specifics, Jordan said.

"If you remember with healthcare, we passed a budget for this current fiscal year thinking we were going to get clean repeal," he continued. "That's not what the House leadership rolled out. We won't make that same mistake again. We want to know what the tax reform package will look like before we move ahead with the budget. The framework is good and families will be able to keep more of their money. Time to move forward and get it done."

The plan, he continued, will help families by doubling standard deductions, lowering rates, only having three brackets, and by bringing down the corporate rates, producing economic growth that will help all families.

"We have some basic concepts, to make sure families get to keep more of their money and construct a tax code that will produce growth," Jordan said. "We think this outline and framework does that. That's why we're moving forward. The Democrats will say what they always say. They always do. Let's cut taxes for American families and grow our economy so we can have the kind of opportunity we need in this great country."

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Members of the House Freedom Caucus had been concerned about whether President Donald Trump's framework for tax reform would cut taxes, simplify the code, and produce economic growth, but it sounds like the answers are all yes, Rep. Jim Jordan, R-Ohio, said.
house, freedom caucus, jim jordan, tax cut
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2017-33-28
Thursday, 28 September 2017 03:33 PM
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