Trump will press Congress to reduce the tax burden for Americans
According to the Vice-President of the United States, it will be the most significant tax cut since Ronald Reagan.
NEW YORK, March 26. /Offset. TASS Kirill Volkov/. The President of the United States, Donald trump intends to work with Congress to achieve reform, implying a reduction of the tax burden for American citizens and corporations. This was stated by Vice-President Michael Penny.
“Working with Congress, the President, the trump is going to reform on the most significant tax cut since Ronald Reagan, we are going to get the American economy working again,” said Pence, speaking at a meeting with representatives of small business in the Charleston (West Virginia). The Vice President recalled that the new administration wants to lower taxes for corporations from the current 35% to 15%.
Pence in his speech also touched on the recent failure of the plan to reform the health insurance system of the United States. Attempt to take in the House of representatives a bill to repeal and replace a system introduced by the previous administration and called Obamacare, suffered in Friday fail. The Republicans failed to collect the required number of votes in the lower house of Congress, so the document did not even put to the vote.
“As we all yesterday (Friday) found out, the Congress was not ready — said the Vice-President. — When all the Democrats in the House of representatives, and several Republicans stood in the way of trump’s plan for the abolition and replacement of Obamacare, we are back to the stage of development (of the bill)”. He also said that the fight with legislators about the repeal of Obamacare is not over, and the President would in any case be to achieve the abolition of this program.
The Pens said that the administration intends to work with Congress and other reforms, including the adoption of bills to increase funding of the armed forces and the weakening of state regulation in the energy sector of the United States.