• Skip to content
  • Skip to primary sidebar
  • Home
  • About

Radio America Online News Bureau

Brady

‘This Is Very Exciting’

May 2, 2017 by GregC

http://dateline.radioamerica.org/podcast/5-2-brady-tax-blog.mp3

The chairman of the House of Representatives’ powerful tax writing committee says the tax reform blueprint laid out by President Trump last week is “exciting” and predicts enactment will lead to stronger businesses and more financially secure families.

Trump’s economic team laid out the administration’s principles on Wednesday, including a call for the corporate tax rate to drop from almost 40 percent down to 15 percent, a doubling of the standard individual deduction, and creating just three tax brackets instead of seven.

House Ways and Means Committee Chairman Kevin Brady, R-Texas, loves that Trump is going bold on tax reform.

“This is very exciting,” said Brady.  “Americans saw something they haven’t seen in 30 years, which is a president willing to lead on tax reform and committed to working with the House and Senate.  We want to get this done this year.”

“We only get one chance in a generation to do this, and like Reagan, we have to go bold to do it,” said Brady.

But Brady is not in a tremendous rush.  He says the process needs to play out in the weeks ahead.

“Beginning [this] week, we’re going to roll up our sleeves, sitting down with President Trump’s team and the Senate as well to put together a single tax reform plan that’s going to take place over the coming weeks,” said Brady.

While partisans and the media are focused heavily on the pace of legislative action in the early stages of the Trump administration, Brady says getting it right in a timely fashion is most important.

“I think a lot of press in Washington are focused on which month this happens.  My focus is on the year and that means this year, 2017.  After 30 years of this broken, complicated tax code, it seems like exactly the right time to deliver,” said Brady.

Brady says the Trump blueprint would be a boon for businesses and families.  He says dropping the corporate tax rate to 15 percent would make a monumental difference in America’s business climate.  He says the small business owners will be smiling too.

“For small business owners, we propose to cut your taxes by more than 40 percent.  That’s so you can send less to Washington.  you can invest more in your business, your workers, your success.  We provide full, unlimited write-offs of all your investment and building’s equipment, software and technology,” said Brady.

He says other provisions should ease the burdens of small business owners as well.

“We eliminate the death tax, so family-owned businesses no longer have to worry about Uncle Sam swooping in and taking nearly half of what you’ve earned over a lifetime.  Then we eliminate some of the double taxation.  For small businesses, this is game-changing, since this will grow the economy by more than nine percent” said Brady.

Where the tax bill could run into friction is over a proposed border adjustability tax, which would add a tax on imported goods.  While critics say American consumers would end up paying for it in higher prices, Brady says it needs to happen, in part because everyone else except North Korea and Cuba does it.

“They take a major tax off their products heading into America.  They slap a tax on their made in America products when it goes in their country,” said Brady.

“A foreign product has a major tax advantage over a made in America product, both here and abroad.  So we’re saying for the first time that every product pays an equal tax.  So no longer is Chinese steel getting a break over American steel, Mexican beef over American beef, Canadian autos over American autos,” said Brady.

He also says the more level playing field will likely entice many companies that left the U.S. and others that never were here to set up shop in America, adding to even more job creation.

As for families, Brady says the typical family of four will like the bigger paychecks coming home.

“You’re going to keep more of the money that you earn.  The tax code is going to be dramatically simpler.  If you save for retirement, education or health care, we cut your taxes in half again because we want to reward those types of savings,” said Brady.

“The bottom line is the House Republican blueprint, the idea we’re bringing to the president, is a code so fair and simple, nine out of ten Americans will be able to file using a simple postcard system,” said Brady.

Standard Podcast [ 6:12 ] Play Now | Play in Popup | Download
Share

Filed Under: News & Politics, Podcasts Tagged With: Brady, congress, GOP, news, reform, tax, Trump

Three Martini Lunch 1/31/17

January 31, 2017 by GregC

http://dateline.radioamerica.org/podcast/3-Martini-Lunch-1-31-17.mp3

Jim Geraghty of National Review and Greg Corombos of Radio America discuss President Trump’s firing of acting Attorney General Sally Yates after she refused to defend his executive order.  They also groan as former President Obama injects himself into politics just 10 days after leaving office.  And they defend Tom Brady against the SJW sports media demanding Brady explain where he supports and opposes Trump.

Standard Podcast [ 17:54 ] Play Now | Play in Popup | Download
Share

Filed Under: News & Politics, Podcasts Tagged With: Brady, Martini, National, obama, Review, SJW, Trump, Yates

Primary Sidebar

Recent

  • Biden Deportation Ban Shot Down, D.C. Statehood Push, Double Masks & Invasive Tests
  • Senate Filibuster Safe, Fracturing of the Right, Politico’s Ongoing Revolt
  • Spending Restraint, Portman Retiring, CDC Number Games
  • Biden’s Timid Goal, Starting from Scratch? Masking the Facts
  • Can We Deal with Antifa Now? Biden Rejoins WHO, MSNBC Attacks Free Speech

Archives

  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020
  • March 2020
  • February 2020
  • January 2020
  • December 2019
  • November 2019
  • October 2019
  • September 2019
  • August 2019
  • July 2019
  • June 2019
  • May 2019
  • April 2019
  • March 2019
  • February 2019
  • January 2019
  • December 2018
  • November 2018
  • October 2018
  • September 2018
  • August 2018
  • July 2018
  • June 2018
  • May 2018
  • April 2018
  • March 2018
  • February 2018
  • January 2018
  • December 2017
  • November 2017
  • October 2017
  • September 2017
  • August 2017
  • July 2017
  • June 2017
  • May 2017
  • April 2017
  • March 2017
  • February 2017
  • January 2017
  • December 2016
  • November 2016
  • October 2016
  • September 2016
  • August 2016
  • July 2016
  • June 2016
  • May 2016
  • April 2016
  • March 2016
  • February 2016
  • January 2016
  • December 2015
  • November 2015
  • October 2015
  • September 2015
  • August 2015
  • July 2015
  • June 2015
  • May 2015
  • April 2015
  • March 2015
  • February 2015
  • January 2015
  • December 2014
  • November 2014
  • October 2014
  • September 2014
  • August 2014
  • July 2014
  • June 2014
  • May 2014
  • April 2014
  • March 2014
  • February 2014
  • January 2014
  • December 2013
  • November 2013
  • October 2013
  • September 2013
  • August 2013
  • July 2013
  • June 2013
  • May 2013
  • April 2013
  • March 2013
  • February 2013
  • January 2013
  • December 2012
  • November 2012
  • October 2012
  • September 2012
  • August 2012
  • July 2012
  • June 2012
  • May 2012
  • April 2012
  • March 2012
  • February 2012
  • January 2012
  • December 2011
  • November 2011
  • October 2011
  • September 2011
  • August 2011
  • July 2011
  • June 2011
  • May 2011
  • April 2011
  • March 2011
  • February 2011
  • January 2011
  • December 2010
  • November 2010
  • October 2010
  • September 2010
  • August 2010
  • July 2010
  • June 2010
  • May 2010
  • April 2010
  • March 2010
  • February 2010
  • January 2010
  • December 2009
  • November 2009
  • October 2009
  • September 2009
  • August 2009
  • July 2009
  • June 2009
  • May 2009
  • April 2009
  • March 2009
  • February 2009
  • January 2009
  • December 2008
  • November 2008
  • October 2008
  • September 2008
  • August 2008
  • July 2008

Copyright © 2021 · News Pro on Genesis Framework · WordPress · Log in