Trump said about the urgent need for tax reforms following the devastating hurricanes
Moscow. September 13. INTERFAX.RU — U.S. President Donald trump said that on the background of the damage from that hit on the United States hurricane “Irma” and “Harvey” the implementation of tax reforms the country needs more than ever, the President wrote in his Twitter.
“After the devastation caused by hurricanes “Irma” and “Harvey”, tax cuts and tax reform is needed as never before. Forward, Congress!” — wrote trump.
The administration of the President of the United States plans by the end of 2017 to implement tax reform aimed at simplifying the tax system in the country. Earlier in an interview with the Wall Street Journal the President called this reform a key priority of the White House.
The reform is designed, in particular, at reducing the tax burden on businesses and the middle class. It is planned that the tax rate for entrepreneurs will be reduced from 35% to 15%, while taxes on wealthy US citizens can grow.
At the end of August in the South-Eastern United States was hit by hurricane “Harvey” in early September, hurricane “Irma” reached the American coast. According to experts, AccuWeather, the potential damage from both hurricanes, according to preliminary estimates will amount to about $290 billion.