Man with only Trump store in America brings merchandise to Missouri

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President Donald Trump won't be diving deep into details as he makes his opening pitch on tax reform Wednesday in Springfield, Missouri. I am happy to say that we are at least one step closer to making this a reality: the House Republican Tax Reform Blueprint is projected to increase median household income in MI by $4,716, and create over 50,000 new full time jobs. Another official told reporters that it will be a "very bipartisan speech" that will call for lawmakers to "work to build a tax code that really allows all Americans to have access to the American Dream and work their way up the economic ladder".

Speaking to a friendly crowd in Springfield, Mo., Trump laid out a broad outline for a tax-code overhaul he said would encourage domestic manufacturing, create American jobs and lower the tax burden on businesses and employees alike.

The U.S. tax code has not undergone a significant overhaul since 1986.

"They are taking us, frankly, to the cleaners", Trump added. Claire McCaskill, have said they're open to certain tax reforms. For much of the year Republicans debated that idea, which would have changed business taxes so that imports were taxed and exports were not.

Republicans control both chambers of Congress, but there is hardly a consensus on tax reform, and talks on the issue is set to be arduous. The main break Republicans want to end is the deduction for state and local taxes. Personal income tax brackets would be reduced to three rates of 10%, 25% and 35% under the White House proposal. "Now, the middle class really needs a tax cut".

Missouri will be the first stop of many for Trump's tax tour in the coming weeks.

The counterargument to the administration's push is, what's to say a big tax cut now would make a difference - especially if a lot of the money from those tax cuts gets distributed to shareholders in the early years?

"For tax reform to be permanent it must be bipartisan, and to be serious it must abandon the exhausted myth that tax cuts pay for themselves", said Rep. Steny Hoyer (D-Md.), the minority whip.

The president, who campaigned successfully on a pledge to bring jobs back to the United States, will present his vision of "a future for the American people where everybody has access to the American dream", the official said.

"I would like a tax cut but I really don't think we (as a country) can afford to do that, right now", she said.

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