Please sit down. Great group. Hi, tom. We have a good group. Thank you very much for being here. For the incredible work you are doing to help us pass. Tax cuts, historic there has never been anything like this in the history of our country. It is cuts, reliefs, in reform. It is also simplification. We are covering everything. There is never been anything like it and it is so important. The economy is doing very well. It can do much better. A lot of jobs are going to come from this. A lot of jobs will start born back in to the United States. As a matter of fact, we will announce a big one very shortly. Come back very shortly. Coming back into the United States. All of you have done a great job vocalizing, talking to members of congress which is very important and making a case for tax reform in the media. The media is not all fake, therefore we can get a fair shake. Now is the time to redouble our efforts. The country needs you more now than ever before. Your leaders of this country and certainly leaders on this subject. It than more about anybody, we needed to be united, committed, and proactive in order to overcome the forces fighting. There are forces fighting out there that very much benefit by the way it is now but that is bad for the country. They know that. And they are fighting for themselves, they are not writing for the country. In a few days i will be traveling to asia to advance americas right 40s. Im counting on all of you to be back here working to maintain our momentum on tax reform and tax cuts and that will be a short time ill be away. About 10. 5 days. We will get back very quickly. We are meeting in china, south korea, japan. We are going to vietnam, to the philippines. Which is a strategically important location where the Previous Administration was not exactly welcome, as you probably remember. The democrats will say our tax bill is for the rich but they know it is not. They dont even know the tax bill. The tax bill has not really been put out yet. It will be over the next short time. They immediately say it is for the rich, it is for the rich because that is the right thing to say, i mean, for them. They dont know what to say. I think we will have some democrats joining us and voting for us for the reduced tax. It is a tax bill for the middle class, jobs, and for businesses which will create the jobs. We are bringing it down from 45 to 20. My agents will be talking directly to taxpayers and focusing on the regional media, which weve wind to be a much more credible media, to be honest with you. To bects, i found it incredible, how good there. Of course secretary mnuchin will taxotally focused on reform. Staying here and working closely with all of you. I have a great relationship with most of the people in the room. We need your continued input to make sure the final bill gets all of the details right until we get that approval. I want the house to pass a bill by thanksgiving. I want all of the people we getg by my side, when ready to sign, by christmas. Hopefully before christmas, you will all be in the room standing front row center. I think we can find a place where you can all stand front row center. It will be a big event. It will be the biggest tax event in the history of our country. Thank you for being here today. We have a couple folks i think i would like to have say a couple words. Tom donahue. Do you have anything to say . Thank you very much for having the meeting, mr. President. The Business Community has been waiting a long time for this administration and president and a willing congress to do what we have not done for many decades. Lucky tohink we were arrange a budget so we are going to have a better opportunity in the senate. I think youre right. There are some members of the Democratic Legislature that will come around on some of this, particularly if the numbers are as promised. You hit it right on the head. Weve got to work on it. Were going to have some differences amongst the Business Community on what should be the takeaways and the additions by the we just have to work on that and i think your planning is really quite good. Off to asia, everybody else get and come back and we will see what we can do. [laughter] pres. Trump i appreciate it. That does not often happen. We had a couple of extra votes if we needed them. Couple of votes if we needed them. There is great spirit for this. Have tremendous support. We will have no democratic support but we may on the tax cuts because it is going to be very hard for four or five or six of them to run successfully that want to raise taxes. Impress want to raise taxes and great abstraction. I have gotten rid of more regulations in the first nine months than any president has for their turn in office. That is a big statement. But we really have just begun. I would say we have at least another 50 that we want to do so that is going to be fantastic. In some cases, it is statutory. You do give the notice, then you have to give another notice, then you wait 90 days. But weve got along with that statutory process and i will tell you you are going to see a lot of additional relief from these horrible regulations that have been telling our country. They literally have been killing. You noticed, gdp was Just Announced and shockingly a lot of people, despite their cane, which could be considered to be one point, we were at three. We were at 3. 2 last quarter, but we were at three. To be at three within one point, that would mean we would of had four or thereabouts. Those of the numbers that have not been seen for many years, so we are doing well and we will continue to do well. The big thing is with companies that really want to move back into the United States now because of regulation, because what we are doing and taxes. That is a big one we are going to be announcing very sent. Ask you to say a few words from the National Association of wholesale distributors . That would be great. I appreciate the opportunity to be here. A few of us in the room are old enough to remember being in the same room on president reagan was working on tax reform. Two of us. Laughter] tom glocer. Tom was here. 30 years ago, the tax bill does not resemble what was done in 1986. Reform is long, long overdue. I represent an industry with very high effective tax rates. Frankly, they are tired of paying the other guys tax rates. Is thed what i assume reason for doing this today, you support the process going forward. Obviously, we need to see the details on their may be one thing or another you would like to see different but the broader perspective is or the good of the economy in the country and frankly i think the good of our members. You have to support the process of going forward. You have our commitment to do precisely that. Pres. Trump thats great, thank you. Thats really great. I think it is so important, we talk tax cuts. That is the big thing. The tax cuts. We desperately need them. Things,re doing other including bringing 4 trillion back into the United States. That will be done by power people creating power jobs in factories and plants. I think the number could be higher than four joined in dollars. It has been 2. 53 for so long. But it kept getting bigger. I think the number will be well over 420 coming back into our country. So many other things. Other things are important, karen, and youre going to say a few words because i am dying to her when you have designed a one of the things that is important is simplification. Too complicated. And, were simplifying it greatly. I want to thank all of my folks on being here and working it. Everybody. The process is complicated but the end result will not be that complicated. It is going to be, people are going to pay less tax by a lot. Companies are going to pay less tax by a lot. That is a big difference. And companies are going to start rebuilding and they will stay here and expand and build new plants in this country. They will not go to other countries like they had been for many, many decades. Eric, can you say a few words for business entrepreneurship . Thank you very much mr. President for your support and leadership on this issue. It is one of the most Critical Issues for Small Business and we know if they get tax reform through we will have more capital to put back into businesses. Theyre going to invest more. Theyre going to provide higher wages. Better benefits for employees. You know, these Business Owners and entrepreneurs are also leaders and their communities and they do see the lack of business dynamism. They dont see new business creation and their communities. And that is a real problem in this country, the lack of entrepreneurship. Week entrepreneurship. 3. 2 missing businesses in our country is a people not taking risks. So were very excited about tax reform and ensuring the growth and investment it will bring. Usa haven for capital, again. Because we need to get that edge back and we need to encourage more people to start businesses. Particularly millennialist. It will add to our competitiveness. Thank you. Pres. Trump one of the things weve been talking about unseen and there is never been anything like it, is the level of the news he has them for business, manufacturing. The highest level it has ever been. The highest level since the charts started. And we have a tremendous level now of enthusiasm for business and manufacturing and nobody has ever seen anything like it and of wars the stock market is at and of course the stock market is at an alltime high. I think it has gone up 54 times since i was elected. Weve had the record 54 times. But we are going to keep it going up. But we have created almost 5. 53 in stock marke