(AFP / Brendan)President Trump took pains Wednesday to emphasize that the wealthy won’t benefit from the tax plan that Republicans just debuted. Where those firms now face up to a 39.6 percent rate, the Republican plan proposes trimming that to 25 percent. ‘We think it’s time for creative thinking,’ NAHB Chief Executive Officer Jerry Howard told Politico.”— Trump’s tax speech was a snooze. The president went to Indiana to sell his tax plan, but his stump spiel was missing all his usual zeal, The Post’s John Wagner writes. ):And the GOP tax plan will explode the deficit, which will lead the GOP to say we need to gut Medicaid, Medicare, infrastructure & education.
Source: Washington Post September 28, 2017 12:00 UTC