Nov. 29 (UPI) — President Donald Trump said Wednesday that though the Republican plan to overhaul the U. S. tax code is “not good” for…
Nov. 29 (UPI) — President Donald Trump said Wednesday that though the Republican plan to overhaul the U. S. tax code is “not good” for him and his wealthy friends, it would bring more money back to small towns in the United States.
He pushed the tax plan during a visit to Missouri, where he spoke for about an hour at the St. Charles Convention Center.
Trump said the proposed bill, expected to be voted on in the Senate this week, would be “the biggest tax cut in the history of our country, bigger than [President Ronald] Reagan.”
“We’re going to make sure that you take more of your hard earned money,” he added.
Trump said the American tax code is a “total dysfunctional mess” and that he wants to close loopholes that benefit some people, like himself.
“This is not good for me,” he said. “Me, and some very wealthy friends, not good for me.”
“Hey, look, I’m president,” Trump said, joking about how the tax plan would be bad for him personally. “I don’t care. I don’t care anymore.”
During his appearance, Trump took aim at Sen. Claire McCaskill, D-Mo., for being “weak” on crime, military spending and immigration. He introduced Missouri Attorney General Josh Hawley, a Republican, as Missouri’s next senator.
Hawley announced in October his intentions to run against McCaskill.
On Tuesday, McCaskill and other Democrats said they could not support a tax bill that favors higher-income taxpayers.
“My message to Missourians is, ‘We can do this in a way that will help most of you,’ ” she said, but “not the way the Senate is proposing.”
Senate Republican leader Mitch McConnell said it will be “challenging” to get the votes needed to pass the bill.
“Think of sitting there with a Rubik’s cube, trying to get to 50” votes, he said Tuesday .
The Senate was expected to vote Wednesday whether to begin debate on the tax plan.
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