November 15, 2017

Corey Lewandowski: Following Trump’s Lead to ‘Cut, Cut, Cut’ Will Create Jobs

Before the House and Senate each released the “Tax Cuts and Jobs Act,” President Trump called his version the “Cut, Cut, Cut” plan. Although some aspects of the tax reform plan that is winding through Congress today are not as bold as candidate Trump proposed, Congress is expected to pass a bill that will provide pro-growth reforms. When the president signs tax reform he will be completing yet another Trump campaign promise.

Creating jobs by shrinking government taxation is one big reason why the American people elected Donald J. Trump as president. The idea of making America great again includes convincing American companies to come back home and hire in the United States. Insourcing of jobs and increasing wages are a centerpiece of the Trump plan through a reduction in corporate taxes, repatriating cash from American companies that has migrated overseas and providing incentives for American companies to hire American workers.

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Tax cuts and tax reform are yet another set of promises kept by President Trump. When candidate Trump spoke to the Detroit Economic Club on August 8, 2016, he explained the difference between Democrats and Republicans on taxes when he described “Hillary Clinton – who has spent her career voting for tax increases – plans another massive job-killing $1.3 trillion-dollar tax increase. ... Her plan would tax many small businesses by almost 50 percent.” Democrat opposition to tax cuts is rooted in their idea that the government needs more money to grow even bigger. They love government more than the taxpayer.

Trump had a different vision and we are seeing the promise of tax cuts bearing fruit today. Trump promised the American people that “these reforms will look for the biggest tax revolution since the Reagan Tax Reform, which unleashed years of continued economic growth and job creation” and he further promised “we will Make America Grow Again.” The Trump economy is booming partially because of the promise of a corporate tax cut. Even CNN has to admit the statistical evidence of growth from August, including that the 4.3 percent unemployment rate is a 16-year low, the trade deficit is shrinking, consumer confidence is high red hot rate of home (and car) loans, and the Dow keeps setting records. 

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This Congress really needs to pass tax reform plan before the end of the year. Leaders in Congress are in need of one solid legislative accomplishment to bring back to the voters to show that they can keep their promises – like President Trump. If Congress fails to pass this pro-growth tax reform bill, they will be sending a message to the voters that they are incapable of delivering legislative victories and they will pay a price at the ballot box next fall.

-- Corey Lewandowski, Senior Advisor and Spokesman at America First Action

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