Tags: Trump Administration | Donald Trump | Money | Tax Plan | Spicer

Spicer: Tax Plan Simplifies Codes, Fixes 'Uncompetitive' Corp. Rates

By    |   Wednesday, 26 Apr 2017 11:51 AM

President Donald Trump's tax plan is focused on simplifying the codes and bringing down a corporate rate that, as the highest in the world, "makes us uncompetitive," Press Secretary Sean Spicer said Wednesday.

"Number one, we'll focus on simplification and getting the brackets down so that we can start filling out our taxes on less than 18 pages and get it done on one or two," Spicer told Fox News' "America's Newsroom" co-anchor Bill Hemmer.

The high corporate tax rates means that there is less likelihood that Americans are "growing jobs here."

But Trump, through regulatory and tax relief measures, is "making sure American companies are manufacturing here in America and growing jobs in this country, hiring more people," said Spicer. "We're making sure we bring down rates for America's middle income folks, people who have been too hard hit through the Obama years and we'll make sure they get some much-needed relief."

Meanwhile, decreasing the national deficit is important, but that isn't "putting Americans back to work or increasing wages or making sure we grow more jobs here," said Spicer. "At the end of the day that's not what American workers will care about. We can put together a comprehensive plan that creates growth in this country."

Spicer also discussed Friday's looming spending bill deadline, and said the administration is confident it can reach an agreement with its Republican colleagues on the hill.

"With the fact that the [border] wall is now off the table, Americans should breathe a huge sigh of relief the negotiations can resume and move forward," said Spicer.

There are 60 Senate votes needed to pass the agreement and avoid a government shutdown, said Spicer, but the president remains committed to his priorities of border security and growing the military, but the question is whether Democrats will back that.

The administration also hopes to have enough money during the five months left in this fiscal year to start the planning process for the border wall and to make sure some areas of the border can be refortified immediately, said Spicer.

Spicer also discussed the upcoming meeting between the Trump administration and the full Senate at the White House, noting that Director of National Intelligence Daniel Coats, Secretary of Defense James Mattis, Secretary of State Rex Tillerson and Chairman of the Joint Chiefs of Staff Joseph Dunford will all be present to brief the senators.

But when asked if the case for military action will be made, Spicer said that "this is about making sure that they know what steps the Trump administration is taking to protect this country to reduce the threat of North Korea."

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President Donald Trump's tax plan is focused on simplifying the codes and bringing down a corporate rate that, as the highest in the world, "makes us uncompetitive," Press Secretary Sean Spicer said Wednesday. "Number one, we'll focus on simplification and getting the...
Tax Plan, Spicer
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2017-51-26
Wednesday, 26 Apr 2017 11:51 AM
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