- Adam Michel, The Daily Signal
Adam Michel of The Daily Signal writes on the tax reform plan President Trump announced on Wednesday that would “lower taxes for individual Americans… double the standard deduction for individuals and thereby expand the zero-percent bracket.” The framework will also create three income tax brackets as opposed to the current seven, cut the corporate tax rate to 20 percent, introduce a territorial business tax system, and “allow all Americans to keep more of their hard-earned money in their pockets,” Michael reports. The additional repeal of the “death tax” encourages support for tax reform as well as strengthen the economy, Michael concludes, and it is tax reform like this that “can truly make America great again by unleashing higher wages, more jobs, and untold opportunity.”
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Regarding Puerto Rico relief efforts, the Washington Examiner’s Becket Adams reports President Trump has waived the Jones Act in order to assist with Hurricane Maria recovery. In a social media post, Press Secretary Sarah Sanders announced “it will go into effect immediately,” Adams writes.
And The Washington Post’s Mike DeBonis and Lindsey Bever report on the “dramatic return” of House Majority Whip Steve Scalise (R-LA) to the U.S. Capitol after having been rushed to the hospital with a gunshot wound on June 14th.
At The Hill, Fox News contributor Bradley Blakeman writes “President Trump and congressional Republicans unveiled a major tax overhaul that makes sense,” saying the plan will “revamp the tax code from top to bottom to reduce confusion, bureaucracy, costs and litigation.”
On Obamacare, eHealth CEO Scott Flanders writes in RealClearPolicy that “middle-class Americans, who have been hardest hit by Obamacare, are desperate for Congress to do something — anything — to lower costs.”