President Donald Trump said Monday that he would never let an opportunity for tax reform slip away, saying he’s “totally focused” on enacting his tax overhaul.
Trump, who is in the final weeks of a presidential campaign in which he has promised to lower taxes and get big infrastructure projects off the ground, also vowed to push for a repeal of the Affordable Care Act, arguing that it has created “massive disruption” in the economy.
The president told reporters in the White House Rose Garden that the plan he laid out Monday, the American Taxpayer Relief Act, is “probably going to be the best-ever plan for tax relief.”
“We’re going to get tax relief,” he said.
“We’ve got tremendous jobs.
We’ve got a massive, massive infrastructure project going.
We’re going get it done, and that’s what we’re focused on, right?”
And that’s why I said, ‘We’re not going to let this happen.
“The president also said he will pursue a tax-reform bill in a “major way” during his first 100 days in office.”
And I know I have the votes, but we’re going after it. “
And I’m going do it with all of you.
And I know I have the votes, but we’re going after it.
And we’re not gonna let this thing pass.”
Trump also said that he will sign a bill that would allow companies to deduct up to $10,000 of the tax they pay from their federal income taxes.
The White House says Trump’s plan would raise $1.4 trillion in new revenue for the federal government.