Mnuchin speaking at Delivering Alpha conference
- Tax reform is my #1 priority
- He will have dinner with Trump and Cohn tonight on tax plan
- Debt limit decision showed we can put politics aside
- Too soon to say concrete impact of hurricanes
- Wants to pass tax reform on a bi-partisan basis
- If he can't get 60 Senate votes, prepared to use reconciliation
- Don't know if a 15% corporate tax is achievable
- Wants to create tax relief for pass-through businesses
- Services income won't get the benefit of pass-through tax rates
- Companies that create jobs like manufacturers would get pass-through rates
- Dynamic scoring 'does work'
The comment on bi-partisan tax reform is a reach. What they mean is they hope Democrats will vote for it, but they won't be drafting the reform with Democrats.
