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Home / World / Moore calls for tax cuts in the latest COVID-19 relief bill

Moore calls for tax cuts in the latest COVID-19 relief bill



economist Stephen MooreStephen Moore (Stephen Moore) Trump puts Washington into trouble with a bailout threat. The “borrow and spend” stimulus bill is a fiscal monster, and Sunday shows-COVID-19 bailout, cyber attacks dominate Sunday called for tax cuts to be included in the latest COVID-1

9 relief and government funding bill passed by Congress this week.

The US$900 billion bill is part of the US$2.3 trillion comprehensive spending bill, which will provide funding for the government until October.

The COVID-19 relief law was passed with bipartisan support from both houses of Congress, but President TrumpThe Donald Trump post office will be named after the oldest Pearl Harbor senior federal agent searching for homes in Antioch for the Nashville bombing.The government continues to introduce more vaccines Condemned earlier this week package Insufficient and wasteful expenditures.

Trump specifically cited US$85.5 million in aid to Cambodia and US$40 million in the Kennedy Center in Washington in his criticism, adding that the stimulus checks for Americans should be increased from US$600 to US$2,000.

Moore, an external adviser to the president, said in an interview with John Catsimatidis in an interview with the WACAT 770 AM radio program that tax cuts are a necessary element for the economy to struggle in the pandemic.

He said: “If you want to stimulate the economy, please tell companies that they don’t have to pay payroll tax.” “Tell workers that they don’t have to pay income tax or payroll tax. You will have the greatest prosperity ever. On the contrary, we are spending money on Sudan .”

Moore also criticized the length of the nearly 6,000-page bill and admitted that he agreed with some progressive lawmakers, including the Progressive Party. Alexandre Ocasio CortezAlexandria Ocasio-CortezLeft (Alexandria Ocasio-CortezLeft) increased the pressure on Biden to lobby for moral guarantees (DN.Y.), he argued that legislators did not have enough time to understand the bill before it was passed.

“I agree with the AOC among everyone, and they said:’This is outrageous. Moore explained that we may not even be able to read the bill until we all have to vote on it.” “I hope, John ​​, Donald Trump vetoed this bill. “

The economist added: “The bill should remove all pork, and aid should be provided directly to individuals, not lobbyists.”

Moore then argued that the $1.4 trillion bill used to fund the government through October “has no elements to promote growth.”

“Where is the tax cut? Where is the deregulation? Where will we encourage our business to resume normal operations?” He questioned. “My hope for the New Year in 2021 is that we stop this economic stagnation and let companies do business.”

Moore continued: “We can no longer have a year like 2020.”

John Catsimatidis is an investor in The Hill.




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