On Monday morning, Ivanka Trump appeared on Fox News to talk about the impressive strides that her father’s administration is making. As one of President Donald Trump’s most trusted surrogates, Ivanka let slip the “Christmas surprise” that he is sending every American this week. You’re going to love this!
In a Monday morning appearance on Fox & Friends, Ivanka Trump, who has had an instrumental role in framing the new GOP tax bill, promised huge tax cuts for middle-class Americans ahead of the Christmas holiday.
“In business, until it’s done it’s not done, but we feel very, very confident, so the momentum is there. We’re very excited,” she said. “When the vote is done, we’ll be done, but we’re going to deliver historic tax reforms, and it’s going to happen before Christmas.”
Ivanka Trump is confident that the GOP will deliver historic tax reform for the American people before Christmas, touting the positive impact on the middle class and small businesses. The House is expected to vote on the so-called Tax Cuts and Jobs Act on Tuesday, with a Senate vote to follow later in the week.
The sweeping legislation keeps seven tax brackets, but reduces rates for five of them. The new rates start at 10 percent and rise to 12, 22, 24, 32, 35 and 37 percent. The corporate tax rate is reduced from 35 percent to 21 percent, and the bill provides tax deductions to other businesses, lowering their top effective tax rate to about 30 percent instead of 39.6 percent. [Source: Fox News Insider]
Ivanka traveled across the country, appearing at public events and made several trips to Capitol Hill, to push the Republican tax bill. She also had a heavy hand in pushing through a large increase in the child tax credit.
“It’s gonna be the fulfillment of an enormous campaign promise, and something that’s just tremendously important for the American people,” Ivanka said on Monday. “So we feel it. This is something the people of this country want.”
Indeed, nothing could be a better Christmas present than more hard-earned money in the pockets of middle-class Americans, especially those of us who struggle just to provide a Christmas for our families along with the regular monthly bills.
However, even though the bill would seem to be common sense legislation, it has been an uphill battle getting it passed.
At several turns the bill was nearly derailed, with Florida Sen. Marco Rubio saying he could not vote for the plan until the child tax credit was increased to the level he and other conservatives in the Senate had demanded.
Sen. Bob Corker at the same time said that he could vote for a bill that blows a new hole in the federal deficit.
Two Republican senators, John McCain and Thad Cochran, are battling health issues that have kept them out of Washington.
McCain has returned to Arizona for physical therapy and rehabilitation following a hospital stay. He’ll remain there until after the Christmas holiday. [Source: Daily Mail]
Touting the bill’s benefits to small businesses, Ivanka said on Monday that taxpayers “want simplification. They want a tax code they can understand. They want lower corporate taxes and understand the benefit if they’re – the companies they work for can invest in their workforces, invest in new equipment and ultimately lead to wage growth.”
She continued, “We’ve had a lot of very productive conversations with Democrats, who I believe are intellectually there, their hearts are there, but the party is not there, and the leadership’s not there. And that is unfortunate.” Ivanka added, “But I’m hopeful with this really enormous and this win for the American people, we come into 2018 with such tremendous momentum that we galvanize support and cohesion, not only within the party.”
The House plans to vote on Trump’s tax bill Tuesday, with a Senate vote to follow on Wednesday. Pray that nothing gets in the way and that we truly do have tax reform by Christmas. What a glorious gift that would be!