07 September, 2017
Mr. Trump said America needs tax reform to jumpstart the economy and create millions of new jobs.
Cramer also wants to hear about simplifying the tax code and making the United States more competitive with other countries.
On the statutory corporate tax rate, or what the government has on the books as the business tax rate, Trump is correct when it comes to developed nations. "And I think that's why he's chosen Mandan for this speech, because it's the flawless backdrop to talk about that".
In making the case that Trump's cuts will benefit the rich, activists say the president's own finances will play a starring role.
Trump emphasized that the last time Congress passed a major tax overhaul, under President Ronald Reagan in 1986, Democrats signed on.
Compared to health care, cutting tax rates is a more traditional GOP cause, which could make it harder to find wavering senators and representatives.More news: Merkel heckled twice in one day as she defends refugee policy
Like last week, Trump is not expected to delve into the details of the tax reform proposals congressional Republican leaders are mulling, two senior administration officials said Tuesday. "I think people are frustrated that it's so complicated". The Mandan and Dickinson facilities together refine about 10 percent of the oil produced in North Dakota.
Trump was joined by Sens. Heidi Heitkamp during his Wednesday visit, though it's not clear he'll be as direct as he was a week ago in Missouri regarding another Democrat facing reelection next year.
Tax lobbyists and Wall Street rate the prospects of tax reform as very low. Claire McCaskill stayed away. "And if she doesn't do it for you, you have to vote her out of office", Trump said last week.
"Will be going to North Dakota today to discuss tax reform and tax cuts", the president tweeted. A spokeswoman for Sen.
President Donald Trump said Wednesday he's with farmers and ranchers in North Dakota "100 percent" as they cope with a deep drought, but said nothing about the state's request for a presidential disaster declaration. Heitkamp's term expires next year and she has not announced if she is running for reelection. She knows which side her political bread is buttered on, but the move has gone over like a lead balloon among Heitkamp's fellow Democrats.