Trump says he is releasing something 'phenomenal in terms of tax' in 2 to 3 weeks

RealClear Contributor


In a couple weeks, President Donald Trump will be releasing his plan to reform the US tax system and the whole world is waiting in eager anticipation.

"We're going to be announcing something over the next, I would say, two or three weeks that will be phenomenal in terms of tax," Trump said at a meeting with airline executives on Thursday.

The president also said he is "lowering the overall tax burden on American businesses, big league."

President Trump has been very busy in his desires to redo the US's corporate and personal tax systems. He hinted a couple weeks ago that he will be having meetings with manufacturing executives to cut businesses taxes to between 15% and 20%.

"We're going to be cutting taxes massively for both the middle class and for companies, and that's massively," Trump said at the January 23 meeting.

And while cutting taxes, President Trump hinted that he will be imposing a border tax of possibly 20% on imports, particularly those from Mexico.

It's unclear which elements of those proposals would be included in the plan.

We all know that whatever President Trump's plan for tax reform is, he will be criticized so it's only fair that we look at it his plan and assess it rationally without bias. Let's listen to his plan with an open ear, and an open mind.



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