On Monday's broadcast of Fox Business Network's “Morning with Maria,” U.S. Rep. Beth Van Dine (R-Texas) talked about the first steps the new Republican Congress would pass to give businesses certainty. He said the settlement should include tax cuts, and also said there could be tax cuts. There is only one adjustment package.
asked Heritage Foundation researcher EJ Antoni.[A]The Trump tax cuts were incredibly effective, but one of the things that made them less effective was that they were incredibly slow to actually implement them and cross the finish line first. I think so. If the speaker actually does that, so that we don't fall behind and that people are essentially, whether it's investment, consumption, whatever, whether tax cuts can get across the finish line. Are you stopping to check? ”
“Companies can definitely work by the rules if they understand what the rules are and the rules aren't constantly changing,” Van Duyne said. “There has to be consistency. And again, I think that's important. That's why I think it's important for businesses to recognize that in having a tax package in the first reconciliation bill, which is the only reconciliation bill that we can pass. As a result of the We're seeing people invest in their people and the future of their business. Investment. I believe these tax cuts and tax plans are necessary for future economic growth, and I will work with the means and tools to ensure they deliver results. We're working hard to make that happen, and that's what will get us across the finish line.”
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