Senate Finance Committee Chairman Senator Orrin Hatch talks tax cuts
Tax reform is a constant topic on the campaign trail throughout the country. I sat down with the chairman of the Senate Finance Committee, Senator Orrin Hatch to talk about whether or not there are any more tax cuts coming down the pipe. Here’s what he told me:
HATCH: We've already passed a major tax reform bill under my leadership and frankly, it's already doing the country well. As you can see, we were supposed to go into a recession. We're not only not in a recession we’re robust, and Trump deserves the credit for that. And so do the people who voted for that tax bill and, if we could just keep the Republicans in control, I think we can pull this country through a lot of difficulties that we're going to have to go through without the type of leadership the Republicans would provide.
BORIS: On the individual tax cuts, do you see those individual rates becoming permanently cut? The tax cut 2.0 as the president likes to call it?
HATCH: I do because let's face it, the individual taxes are still way too high, over 40 percent and I'd like to get those down to the level that the corporate tax rates are. And if we do that every time we've made major reductions in taxes to the individuals, the country's taken off and soared and it's taken off and soaring now because of the corporate tax rates that are as low as we've been able to keep them. Can you imagine where we'd go if we could get the individual tax rates lower? And that means more opportunities and I think more revenue for the government, but more opportunities for everybody.
EDITOR'S NOTE: Boris Epshteyn formerly served as a Senior Advisor to the Trump Campaign and served in the White House as Special Assistant to The President and Assistant Communications Director for Surrogate Operations.