Latest Breaking News On - Cash flow system - Page 1 : comparemela.com
Napa Valley s most popular wineries: Are they worth the trip?
sfchronicle.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sfchronicle.com Daily Mail and Mail on Sunday newspapers.
parameters remain? they do. there s strong support there. the question is how bold do we go. we re trying to leap frog america from 31st in competitiveness in the world up to 2 or 3 and keep us there. that s why we re going through this cash flow system. that s why we re mirroring on the taxes while we re not going to tax worldwide because we know to be competitive, we have to go strongly, we have to go bold. so we can continue to move that direction. neil: we re monitoring and going to it shortly. the former speaker, nancy pelosi is saying this is a victory for democrats. we re sure chuck schumer will say the same. you and i talked about history and a lot of parties get off to stumbling starts. ronald reagan did, john f. kennedy did, bill clinton did and rebounded. you think the party can rebound because there s a lot of finger pointing back and forth. not with you, but with
representatives. neil: so is it your blueprint that is leading the way? he likes what you re crafting and pretty much wants that? we like that president trump during the campaign went big. he challenged us to get to 15%. really what we re doing coming in at 20%, the difference is that what donald trump is wanting to do is to keep the income tax as is. we re fundamentally doing away with the income tax and putting it in a different cash flow system. one that americans can understand. as we brief the trump administration, they re realizing that in fact this is probably the only way to do tax reform. if you look at some of the proposals in the past, it s real will i tough not to drive a big hole in the deficit, which is i think what the anchor was saying a few minutes ago. it s tough to get that rate below 25%. probably tough to get it below 30%. the only way to do it is through
is it doable? is it the kind of thing that will be combined with corporate reform, individual rate changes? what do you think? while most people weren t paying attention last year, the republicans were drafting a blueprint. everybody thought hillary clinton would be president. we go back eight years looking at different ways on how to do tax reform. i would say you talked about the 1986 reform act, this is bigger than that. this is fundamentally changing the code. creating fairness across the system. so we re doing way with the confusing rules, accrual accounting. we re going to a cash flow system. it s something every american can understand. if donald trump will make america great again, he s going to do it with the blueprint we put out last year with the republican house of
vimarsana © 2020. All Rights Reserved.