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

December 27, 2020 by NewsDesk

Economist Stephen MooreStephen Moore Trump leaves Washington in limbo with aid threat ‘Borrow-and-spent’ stimulus bill is tax monstrosity on Sunday – COVID-19 relief, cyberattack dominates MORE on Sunday called for corporate tax cuts to be included in the latest COVID-19 lighting and government funding bill issued by Congress this week.

The $ 900 billion bill was passed as part of a $ 2.3 trillion omnibus bill that the government will fund through October.

The COVID-19 aid law passed with wide bipartisan support in both chambers of Congress, but President TrumpDonald Trump Post Office Named After Senior Pearl Harbor Veteran Federal Agents Seek Residence In Antioch In Connection With Nashville Explosion Sunday Show Preview: COVID-19 Relief Awaiting Trump’s Signature; government continues to roll out MORE vaccines sentenced earlier this week the package inadequate and filled with wasteful expenditure.

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

Moore, who serves as the president’s outside adviser, said during an interview with John Catsimatidis on his radio show on WABC 770 AM, that tax cuts are a necessary element to boost the economy struggling amid the pandemic.

“If you want to boost the economy, tell companies not to pay payroll taxes,” he said. Tell employees that they don’t have to pay income tax or payroll tax. You have the biggest bang you’ve ever seen. Instead, we spend money on Sudan. “

Moore also criticized the bill’s length of nearly 6,000 pages and admitted to agreeing with a number of progressive lawmakers, including Rep. Alexandria Ocasio-CortezAlexandria Ocasio-CortezLeft Raises Pressure on Biden for Lobbying Ethical Pledge DeWine says Ohio teachers, school staff to be the next group to receive the COVID-19 vaccine Schumer on Trump’s call for K in direct payments: (DN.Y.), who claimed that lawmakers did not have enough time to understand the bill before it was passed.

“I agree with AOC, of ​​all people who said, ‘This is a shame. Maybe we can’t even read the bill before we all have to vote on it, ” Moore explained. “I hope, John, that Donald Trump will veto this bill.”

“This bill needs to be stripped of all pork and aid should go directly to individuals, not lobbyists,” the economist added.

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

“Where are the tax cuts? Where is the deregulation? Where are the things that will drive our businesses to get back to business? he asked. “My New Year’s wish for 2021 is that we stop this shutdown of our economy and let businesses operate.”

“We can’t have another year like 2020,” continued Moore.

John Catsimatidis is an investor in The Hill.

.Source

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Tags account of government expenditure, Alexandria Ocasio Cortez, Congress, Corona vaccine, coronavirus (COVID-19, coronavirus economy, coronavirus relief, Donald Trump, John Catsimatidis, Nancy Pelosi, president trump, Stephen Moore

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