Trump Vows 'Great Detail' on Tax Reform in Next 2 Weeks

A Goldman Sachs sign on the floor of the New York Stock Exchange in New York City

Vague generalities are good on the campaign trail, and the president plans to take that strategy to his next stop: North Dakota.

But is the average American really concerned that corporations are paying too many taxes?

Speaking at a tax reform event in Bismarck, North Dakota, President Donald Trump said his thoughts and prayers are with the victims of Hurricane Harvey and pledged the nation's full support as an even stronger hurricane Irma moves toward Florida.

North Dakota Gov. Doug Burgum echoed sentiments made by the president, saying that a simplified tax code would help taxpayers and stimulate business growth. John Hoeven, R-N.D., said he also plans to travel with the president on Air Force One, and Cramer said it's "likely" he'll do the same.

Mr. Trump said America needs tax reform to jumpstart the economy and create millions of new jobs.

"I think most importantly, I want to hear how will his tax plan and the Republican tax direction impact middle class, middle America", he said. And your senator, Claire McCaskill, she must do this for you.




But the most comprehensive measure to judge Trump's claim, combining both corporate and individual taxes actually paid, is tax burden as a percentage of GDP.

"The liberals often say, well, you know we care about the children". Heitkamp's term expires next year and she has not announced if she is running for reelection. Her only would-be opponent thus far, Republican state Sen. Greg Hodur, a former chairman of the state Democratic party, wrote in an indignant letter to the editor published by the Fargo Forum today.

Behind the scenes, staffers in the House Ways and Means Committee have been fleshing out the bullet points laid out by the White House in its call for a lower corporate tax rate, lower income tax rates and policies aimed at encouraging American businesses to bring overseas profits back home.

Rauschenberger says North Dakota is a unique backdrop for the president's pitch.

"It's your money, not the government's money", Trump said. "We welcome this opportunity, and we hope the president will spend as much time listening to our concerns as he does selling his agenda".

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