Stephen Moore Talks Tax Reform

Stephen Moore was the guest today to talk everyone through the tax reform bill. He started off by saying, is it a great bill? No, but it’s a good bill. The economy is growing at 3.3% and if the tax bill passes, Moore thinks the economy could increase by almost 4%. 

Moore believes the latest that the Senate will vote on this bill is Friday or Saturday of this week. Republicans need to get to that magic number of 50, which looks possible after today, but anything could happen. Moore says he thinks there’s a 75% chance that this bill passes in the Senate. 

Moore says he is ashamed of the Democrats because not a single Democrat in the House of Representatives voted for the tax reform bill, which would mean a tax cut for the American people and American businesses. 

The main purpose of this tax plan is to grow the economy. If it doesn’t work, you can always go back and change it, but Moore says to give it a chance.

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