Trump: ‘Lowering the overall tax burden on American businesses’ is ‘coming along very well’
President Donald J. Trump this week said there is a tax-reform plan in the works that aims to alleviate some of the weight pressing on American businessmen and women.
“Lowering the overall tax burden on American businesses big-league, that’s coming along very well. We’re way ahead of schedule, I believe,” Trump said in a meeting with airline industry executives Thursday morning at the White House.
“And we’re going to be announcing something, I would say, over the next two or three weeks that will be phenomenal, in terms of tax,” the president said…
Congressional Republicans have declined to set a timeline for tax legislation that would include corporate tax reform. Reform has been identified by the administration and congressional leaders as a top priority, but Republicans have yet to call hearings or introduce legislative text.
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