President Donald Trump wrote in an op-ed in USA Today on Saturday that the “era of economic surrender” is over and urged Congress to pass tax reform to “ignite America’s middle-class miracle once again.”
Trump, whose opinion piece was published on the 31st anniversary of Reagan’s signing of the historic Tax Reform Act of 1986 into law, wrote of how Reagan built a coalition of Democrats and Republicans to deliver tax cuts and simplify the tax code. Noting that “the economy boomed” and launched into “one of the largest peacetime economic expansions in history” under Reagan, Trump said “it is time” to do it again.
“The tax cuts and reforms of the 1980s show that when we empower the American people to pursue their dreams, they will not only achieve greatness and create prosperity beyond imagination … they will build an entirely new world,” Trump wrote.
“That era of economic surrender is now over,” the president added. “It is time to ignite America’s middle-class miracle once again.”
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