Quote If we want to renew our prosperity, and to restore opportunity, then we must reduce the tax burden on our companies and on our workers.

TAX REFORM FOR ECONOMIC GROWTH: President Donald J. Trump’s tax reform will revitalize the American economy and create millions of jobs.

Reforming our outdated tax system is critical to boosting economic growth from the recent annual average of 2 percent to 3 percent or more.

Over the next ten years this sustained increase in growth will create: 12 million new jobs, $10 trillion in additional economic activity, and $3 trillion in budgetary savings.



A RECORD OF ECONOMIC SUCCESS: President Donald J. Trump is following past successful tax reforms to jumpstart the economy, create jobs in America, and boost wages.

Under existing policies, the Congressional Budget Office (CBO) projects economic growth to be stuck at 2 percent for the next ten years. Tax relief and reform can boost economic growth, create jobs, and raise wages for working Americans.

Tax cuts, like those included in President’ Trump’s tax reform package, boost economic growth, according to the Tax Foundation. President Bush’s 2001 tax cuts contributed 2.3 percent to economic growth over ten years. President Clinton’s 1997 tax cut contributed 0.8 percent to economic growth over ten years. President Reagan’s 1986 corporate income tax cut contributed 3.3 percent to economic growth over ten years. President Reagan’s 1981 tax cuts contributed 8 percent to economic growth over ten years. President Kennedy’s 1962 and 1964 tax cuts contributed 6.2 percent to economic growth over ten years.

Tax reform, including tax cuts, encourages the investment needed to create jobs so Americans can get back to work at well-paying jobs, according to Freedom Partners. After President Bush’s 2003 tax cuts, the economy created 6.9 million new jobs over five years. After President Reagan’s 1981 tax cuts, the economy created 11.7 million new jobs over five years. After President Kennedy’s tax cuts, the economy created 9.3 million new jobs over five years.

A crushing tax burden on American companies is really a crushing tax burden on American workers. Economists agree that America’s corporate tax harms America’s workers by keeping their wages low. According to one study by the CBO, more than 70 percent of the corporate tax burden is put on American workers.



AMERICAN ENERGY POSITIONED TO BENEFIT FROM TAX REFORM: President Trump has prioritized the energy sector to help create greater energy independence and is well-positioned to benefit from tax reform and bring back a Made-in-America economy.