Trump Sells Tax Reform In Missouri
President Donald Trump pitched tax reform in Missouri Wednesday with a speech that included attacks on North Korean dictator Kim Jong Un and a re-telling of his election victory.
House Republicans have already passed a tax reform bill and Senate Republicans are gearing up to do likewise.
Trump, who spent a career focusing on branding, said that previous administrations failed to deliver major tax changes due to calling legislation “tax reform,” not “tax cuts.”
Analysis from the Congressional Budget Office found that the Senate Republican tax plan would cause working-class Americans to pay more in taxes starting in 2019 and that it would benefit Americans making more than $100,000 a year.
Trump, however, said that once the House and Senate bills go to conference, which he called a “mixer,” it will become “something really, really special.”
He said during the speech that tax reform would “usher in a thrilling new era of opportunity and growth for this nation that we love so much.”
Trump’s speech was reportedly only supposed to last 20 minutes, but Trump spoke for about 40 minutes as he went off the teleprompter several times.
North Korea fired an intercontinental ballistic missile Tuesday, and Trump referred to Kim Jong Un during the speech as a “sick puppy.” The president also relived the election, said that rich people don’t like him and promised speech attendees that a border wall with Mexico will be built.