Monday, November 13, 2017

Larry Kudlow: A pro-growth GOP tax cut is on the way — this year

Larry Kudlow: A pro-growth GOP tax cut is on the way — this year

November 13, 2017 Larry Kudlow: A pro-growth GOP tax cut is on the way — this year , 0 Comments


By CNBC, Nov. 11, 2017

As the U.S. House of Representatives and Senate work their way through the tax-cut-and-reform effort, let me make one thing clear: Both plans are pro-growth where the economic power comes from the business side. And where it comes from the personal side, there will be very little growth. That was always the bet.

During the spring and summer of 2016, economist Steve Moore and I, working with Trump campaign officials Steven Mnuchin and Stephen Miller, saw major tax reductions for large and small businesses as the centerpiece of the candidate's tax policy. Whatever Congress came up with on the personal side, so be it.
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