Politics
Grover Norquist On Trump Tax Plan: ‘Would Dramatically Increase Economic Growth’
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The Daily Caller News Foundation got the chance to speak with Grover Norquist, founder of Americans for Tax Reform (ATR), who believes Republican presidential candidate Donald Trump’s tax plan would “dramatically increase economic growth.”
Norquist was particularly excited about the fact that Trump’s economic agenda would, “take the top corporate [tax] rate from 35 percent in the United States, to 15 [percent].” Norquist “absolutely” believes that top U.S. Fortune 500 and Fortune 100 companies with large amounts of cash overseas would reinvest in the American market because of Trump’s economic agenda.
“We’re growing so slowly, that by comparison, had we grown at Reagan rates, at 4 percent a year, instead of Obama rates, 2 percent a year, we would today have 14 million more Americans working,” the tax man told TheDCNF. According to Norquist, “Trump has made it clear that he wants to go in Reagan’s direction on questions of tax policy.”
The one issue which seemed to particularly concern Norquist was that the GOP presumptive nominee has not signed on to his organization’s Taxpayer Protection Pledge, in which the signatory promises in writing, “to oppose any and all tax increases.” Norquist informed TheDCNF he had run into Trump’s head of business outreach a couple of days ago, who told Norquist Trump is receptive towards the idea of signing the pledge.
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