Looking forward, Congressman Massie believes that
tax reform can do some great work if it cuts Americans’ tax burden and does not add to the deficit. He said:
In spite of the caution, there’s a lot of opportunity in tax reform. I think what we should do instead of swallowing the entire apple whole, we should take several bites at it. I agree in large part with Stephen Moore and Larry Kudlow in their Wall Street Journal op-ed that we should take it slow and rack up some wins and realize that tax reform does not have to be revenue neutral. Revenue neutral means that someone’s taxes are going down and somebody’s taxes are going up.
“I would like us to see a real tax cut along with tax reform and we can accomplish that without increasing the deficit. We can make up the difference by cutting spending, especially in a lot of ways that works with Trump’s narrative. We spent a $100 billion in Afghanistan rebuilding their infrastructure…. I would like to see Trump bring that money back. That’s a great opportunity right there,” Massie concluded.
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