JFK and the Reagan Revolution

Washington to Wall Street

Kudlow's Quick Take


A Pro-Growth Tax Bill Is on the Way
And this year, too.
By Lawrence Kudlow, November 13, 2017

As the House and Senate work their way through the tax-cut-and-reform effort, let me make one thing clear: Both plans are pro-growth where the economic power comes from the business side. And where it comes from the personal side, there will be very little growth. That was always the bet.

During the spring and summer of 2016, economist Steve Moore and I, working with Trump campaign officials Steven Mnuchin and Stephen Miller, saw major tax reductions for large and small businesses as the centerpiece of the candidate's tax policy. Whatever Congress came up with on the personal side, so be it.

So one way or another -- even with the glitches and differences between the House and Senate tax plans -- Congress will come up with a significant pro-growth bill because business tax cuts are still the centerpiece. And they should do it this year.

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JFK AND THE REAGAN REVOLUTION
by Lawrence Kudlow and Brian Domitrovic | Book Trailer


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