Tax cuts to boost U.S. econ­omy big­ger pri­or­ity for Trump than over­all re­form

The Washington Times Daily - - POLITICS - — Dave Boyer

Get­ting tax cuts through Congress this fall to boost the econ­omy is a big­ger pri­or­ity than over­all tax re­form, a top White House of­fi­cial said Mon­day.

White House leg­isla­tive af­fairs direc­tor Marc Short said the ad­min­is­tra­tion is work­ing with con­gres­sional lead­ers on a sin­gle tax-re­lief pack­age that law­mak­ers would take up after La­bor Day.

“We be­lieve that the econ­omy needs to get spurred quickly, and we want to make sure there are suf­fi­cient tax cuts,” Mr. Short told re­porters.

The pres­i­dent is seek­ing a cut in the cor­po­rate tax rate from about 35 per­cent to 15 per­cent, as well as cuts in in­di­vid­ual rates.

While con­gres­sional Repub­li­cans have been aim­ing at rev­enue-neu­tral tax re­form in a com­pre­hen­sive re­write of the tax code, Mr. Short said “our greater pri­or­ity is to pro­vide growth.”

Asked if the White House is back­ing off a more com­pre­hen­sive tax over­haul, Mr. Short replied, “Right now, we want it to be rev­enue neu­tral. We are still sup­port­ive of tax re­form, but I am also say­ing to you that what we be­lieve is most im­por­tant to get the econ­omy go­ing is a tax cut.”

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