Accomplishing that, however, required petitioning to have the secrecy order lifted as the years passed with his invention living in the shadows. Itâs a common refrain in the stump speeches of politicians that America is a nation of ideas, but Congress decided in 1951 that some of those ideas must nonetheless be kept hidden.
ATR Analysis of Donald Trump Tax Reform Plan. GOP Presidential candidate Donald Trump released details of his tax reform plan today. It features a system with much lower tax rates than current law, and a broadened tax base for high income earners. âTrumpâs plan is certainly consistent with the Taxpayer Protection Pledge,â said Grover Norquist, president of Americans for Tax Reform. âTrump has said he opposes net tax hikes and has made clear that the real problem is spending.
President Donald Trump may have to wait until after the New Year to sign a sweeping tax reform bill to avoid triggering automatic cuts to Medicare and other programs. The Tax Cuts and Jobs Act of 2017, which Congress approved this week, is a $1.5 trillion package that slashes taxes for businesses and the wealthy, as well as more modest cuts for middle- and low-income families. Trump has promised to sign the tax bill before Christmas. However, a House Republican aide told Bloomberg that Trump will sign the bill on Jan. 3. The White House has pushed back on that claim.