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Tags: mark meadows | conservatives | flexible | tax reform

HFC Head Meadows Pledges 'Flexibility' on Trump's Tax Reform

HFC Head Meadows Pledges 'Flexibility' on Trump's Tax Reform
ABC's "This Week"

By    |   Sunday, 26 March 2017 10:47 AM EDT

Rep. Mark Meadows, R-N.C., the leader of the House Freedom Caucus that led the fight which ultimately killed the American Health Care Act on Friday, said President Donald Trump's upcoming tax cuts do not need to be revenue neutral or offset with something like a border adjustment tax.

"I think there's been a lot of flexibility in terms of some of my contacts and conservatives in terms of not making it totally offset," Meadows, a self proclaimed "fiscal conservative," told ABC's "This Week" with George Stephanopoulos on Sunday.

"And that's a move that we're trying to do to provide real relief and economic growth. When we start to grow the economy at 4, 4.1 percent, it increases wages – puts more money in Americans' pockets each and every day."

Flexibility is something Meadow's conservative Freedom Caucus did not show with the AHCA, vowing to block it because it did not completely repeal the liberal opposition's Obamacare. Economic growth can be the offset and revenue stream to pay for the cuts in taxes through American's making more, Meadows said.

"And so, tax reform and lowering taxes, you know, will create and generate more income," Meadows said.

Specifically, on the topic of the border adjustment tax on imports, Meadows' conservative House group is in "information-gathering mode right now."

"[Americans] need lower intrusion from the federal government in their lives," he added. "They need lower taxes, so that they can take more of their paycheck home. And I know President Trump and those in the GOP conference are committed to making sure that that happens."

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Politics
Rep. Mark Meadows, R-N.C., the leader of the House Freedom Caucus that led the fight which ultimately killed the American Health Care Act on Friday, said President Donald Trump's upcoming tax cuts do not need to be revenue neutral or offset with something like a border...
mark meadows, conservatives, flexible, tax reform
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2017-47-26
Sunday, 26 March 2017 10:47 AM
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