The outline below was created and distributed to the Press by the White House. Posts evaluating the plan will be produced at a later date. For now, we will simply post the President’s proposal.
President Trump has laid out four principles for tax reform: First, make the tax code simple, fair and easy to understand. Second, give American workers a pay raise by allowing them to keep more of their hard-earned paychecks. Third, make America the jobs magnet of the world by leveling the playing field for American businesses and workers. Finally, bring back trillions of dollars that are currently kept offshore to reinvest in the American economy.
The President’s four principles are consistent with the goals of both congressional tax-writing committees and are at the core of this framework for fixing America’s broken tax code. Too many in our country are shut out of the dynamism of
