By enacting comprehensive tax reform, they would spur economic growth and ensure American prosperity far into the future. Both Democrats and Republicans can be heroes to their constituents by passing tax reform and kicking off economic growth similar to what we experienced three decades ago. Under President Reagan, the highest income tax rate was lowered from 50 percent to 28 percent and the bottom income tax rate went from 11 percent to 15 percent. The proposed tax bill would also simplify individual income tax brackets from eight to four (including the “zero” bracket). The Trump administration and Congress have an opportunity to enact legislation that could result in the greatest economic growth since the 1980s.

Source: Fox News October 28, 2017 15:45 UTC