After Irma and Harvey 'devastation,' tax cuts are needed more than ever

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The White House said the president "wants to move America forward". President Donald Trump has been pushing for changes to the tax code to cut corporate and individual rates and simplify the system.

"We are looking for the middle class and we are looking for jobs", Trump said during the meeting with Republican and Democrat House members in the Cabinet Room of the White House.

"I think the wealthy will be pretty much where they are", he continued. As North Dakota's former tax commissioner, I understand how much these issues directly impact North Dakota families, farmers, and workers - which is why any tax reform plan must be done with their best interest in mind. But going into a midterm election, it's going to be risky for any Republican to vote against tax reform.

Rep. Josh Gottheimer, a New Jersey Democrat who leads the House Problem Solvers Caucus, said he was hoping the meeting was "part of a new era of bipartisanship". We're at 35-plus. That doesn't work. "So we're looking at, for the middle class, and we're looking at jobs".

He also said the idea of making sure bigger corporations don't evade taxes and "pay their fair share", may draw Democrats out and help speed up negotiations. Pat Toomey, R-Pa., to talk taxes over dinner at the White House Tuesday night.

According to the source in the room, Brady told his Republican colleagues that the goal is for the House and Senate to complete the budget process by mid-October, adding that the budget was the "runway to land" tax reform.

Trump has been increasing his outreach to Democrats in the wake of his recent deal with the Democratic leaders to fund the government and raise the debt ceiling through December 15.

He said a tax reform bill would be worked on simultaneously through committees sometime by late September.

But the House of Representatives and the Senate, which are both controlled by Republicans, quickly approved the deal, including about $15 billion in hurricane-related aid, and it was signed into law by Trump on Friday.

Trump hinted that this deal would be a precursor to other deals, on the young immigrants DACA program or, more importantly, tax reform.

Ryan and Treasury Secretary Steven Mnuchin expressed confidence last week that Congress would pass the tax legislation this year. Now we have a deadline to get this done to make sure that these kids - that the only country they've ever known is America, that they get to stay here.



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