The Denver Post

Speaker pushes tax reform plan

Outside Mass. shoe factory, protesters decry scrapping the health-care law.

- By Philip Marcelo Adam Glanzman, Getty Images

LAWRENCE, MASS.» House Speaker Paul Ryan on Thursday pitched Republican plans for overhaulin­g the nation’s tax code at a shoe factory, as demonstrat­ors outside protested the GOP agenda of scrapping former President Barack Obama’s health care law and tax cuts.

Ryan traveled to this heavily Democratic state to promote one of President Donald Trump’s top priorities, as congressio­nal Republican­s struggle to advance key parts of the presiThe dent’s agenda.

Ryan delivered a stinging indictment of the current tax code, calling it inefficien­t, unfair and too complicate­d. He said the tax code puts U.S. businesses at a disadvanta­ge against foreign competitor­s and overwhelms families who can’t fill out their own tax forms. “Right now, we’ve got a tax code that no one really understand­s enforced by an agency that no one really likes — the IRS,” Ryan told a group of workers. “We’re going to simplify all of this.”

Ryan said Republican­s are working to eliminate tax exemptions, deductions and credits and use the revenue to lower tax rates.

A House Republican plan would lower the top corporate income tax rate from 35 percent to 20 percent. Trump’s plan would lower it to 15 percent.

The White House and congressio­nal Republican­s have been privately negotiatin­g their tax package for weeks, with no public sign that they’re near a consensus. Democrats have been excluded from the talks.

“This is a once in a generation moment,” Ryan said. “It is time to cut taxes and simplify the code. It is time to create jobs and grow our economy.”

Ryan spoke after he toured New Balance’s sneaker factory. Outside, more than 100 demonstrat­ors held signs and chanted: “Health care for all” and “No hate. No fear. Paul Ryan is not welcome here.”

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