Speaking at an event in Los Angeles
The Treasury Secretary adds:
- Tax plan makes it easier for small business owners
- we need to reform the entire tax code
- tax plan eliminates incentives to offshore jobs
- will prevent tax pass-through proposal from being abused
- tax reform shouldn't be a partisan issue
- plan calls for massive investment of capital in US
- ensures trillions will flow back to US
- will lead to higher labor force participation
- We need to have the tax bill in front of the president this year
Nothing new here. There will be a lot of cheerleading and spinning from the President's people.
Trump also announced that Broadcom would be moving their headquarters back to the US from Singapore in a White House announcement.