TRUMP TWEET: Tax reform… move fast!

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In an early morning Wednesday tweet, Trump urged Congress to “move fast” on tax reform.

“The approval process for the biggest Tax Cut & Tax Reform package in the history of our country will soon begin,” the president tweeted on Wednesday.

“Move fast Congress!”

The Trump team is eager to get a legislative victory on the board and put the nightmare that is passing health care behind it. But it’s time for both the administration and Trump to put their money where their mouth is and get something done, as there still isn’t a tax proposal on paper.

Trump has been pressing Congress on tax reform since last month, saying “Republicans must start the Tax Reform/Tax Cut legislation ASAP. Don’t wait until the end of September.”

“Need now more than ever. Hurry!”

House Speaker Paul Ryan has expressed disagreement with some of the tenets of Trump’s dramatic suggestions, stating he’d prefer a 20 percent tax rate for corporations as opposed to 15 percent. The Trump team has responded with pressure, as the White House on Tuesday threatened to engage the Democrats to make a deal on taxes. That sentiment will most likely remain just a threat, as the Democrats couldn’t be further ideologically from where Trump wants to go with taxes.

The White House did manage to strike a deal with the Democrats to raise the debt ceiling temporarily in the face of damage reparations for Hurricanes Harvey and Irma.

Dennis Michael Lynch, CEO of DML News, penned a letter to the president on Tuesday evening urging the president not to use DACA as a bargaining chip for tax reform.  According to DML, “Deporting illegal aliens will give us a tax break without having a single piece of legislation.”  You can read his short letter by clicking here.

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