This morning, President Donald Trump visited Hialeah to talk about taxes and the economy. The President embraced the Hispanic community – which is close to tax reform expert and CEO of Engineered Tax Services Julio Gonzalez’s heart and heritage. Being that Mr. Gonzalez is both Hispanic and heavily involved in tax reform, he was very interested in hearing what the President had to say about tax cuts, jobs, the economy, and the United States’ effort to punish repressive regimes in Venezuela and Cuba.
“We will go on to things that maybe our economy and country have never seen before. We have such tremendous potential,” said President Trump.
What’s to come with the Tax Cut Package?
President Trump promoted the $1.5 trillion tax cut package that was pushed through by Republicans at the end of last year. He did this at the roundtable discussion with many small business leaders in Hialeah earlier.
According to CBS News, he credited the “massive” tax cuts with allowing larger corporations to give bonuses to some of their employees. The President also claimed the tax plan means this is the “last time you're going to fill out that long complicated horrible return.”
“I would say some of these companies that do all that work on getting a lot of money for doing your tax returns, they won't be too happy with us,” said President Trump.
The President also spoke about unfair trade deals with the United States and its international partners. He also mentioned renegotiating the North American Free Trade Agreement.
After the roundtable event, the President headed to Mar-a-Lago in Palm Beach. Tomorrow, he will be hosting Japanese Prime Minister Shinzo Abe to discuss North Korea’s developments.
“I’ll be at Mar A Lago this week meeting on tax reform and what we can do to help with technical corrections. The initial results from tax reform are proving to show more money to Treasury, more jobs and overall growth. So far so good but we need to continue to be more competitive globally, especially when it comes to Research and Development Tax Credits. We are uncompetitive here and losing job overseas. I will be focusing on making research and development tax credits more enhanced to save American jobs and I will also be focusing on strengthening 179D tax code to drive more jobs in American while keep our country less dependable on traditional energy sources,” said Mr. Gonzalez.
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