“For the sake of economic and employment growth, tax reform needs to get done“
– Raymond J. Keating in The Hill
In The Hill, Raymond Keating, the chief economist for the Small Business & Entrepreneurship Council, argues it is time for comprehensive tax reform. America’s corporate tax rate is “one of the highest in the world,” deterring businesses from “putting down roots in the United States,” he writes. The SBE Council estimated there are some “3.4 million missing businesses in our economy, and that our economy has suffered a dearth in economic growth, investment, productivity, and job creation,” because of our overly burdensome tax code. He writes “transformative changes” to our Nation’s tax code will help small businesses flourish and now is the time for Republicans to act.
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The Daily Signal reports on Treasury Secretary Mnuchin’s statement that he is confident that tax reform will be accomplished this year, saying “this is one of the things that President Trump was elected to do, and we will follow through.”
In Obamacare news, the Heritage Foundation’s Ed Feulner writes in The Washington Times, that Members of Congress cannot back down from their promise to repeal and replace Obamacare, saying “we must continue to press to completely roll back the damage caused by Obamacare and replace it with a patient-centered health system that works better for all Americans.”
In The Federalist, Phil Kerpen writes how the President should end Obama’s bailout of Congress’ health care – worth about $12,000 per year for each lawmaker – that was designed to exempt them from the law they created.
Arguing “free-trade is a two-way street,” Commerce Secretary Wilbur Ross writes in The Wall Street Journal, that “the Trump administration believes in free and fair trade” but will also work “to restore a level playing field” for America, “a true free-trade agenda.”
In caring for our veterans, The Denver Post editorial board praises legislation to continue funding the VA’s Choice program, writing that the President “has promised to make reforming the VA a top priority, and the Choice program gives his administration room to move.”