President Trump calling on Congress to rewrite the nation's tax law

President Donald Trump listens in the Roosevelt Room of the White House Wednesday Aug. 2 2017 where his advisers reportedly often scramble to reshape policy to catch up with Trump's tweets and public declarations

Trump said with lower taxes for middle class families, "that means they'll go out and spend their money and it'll be a handsome thing to watch".

Today, President Donald Trump visits Missouri to unveil his tax reform plan.

Trump said he plans to work with congress on a plan to reform the United States tax code to make it "pro-growth, pro-jobs, pro-worker and pro-American".

The White House insists that Trump's proposed tax cuts will eventually pay for themselves.

Republicans control both chambers of Congress, but there is hardly a consensus on tax reform, and talks on the issue is set to be arduous.

Trump adds that other countries saw the economic growth and started lowering their rates which made them more competitive over the years.

The president was short on specifics, but aides said he wants to frame the debate in a move to lower taxes.

"I don't want to be disappointed by Congress, do you understand me?" "You know what? The United States is counting on it".

The speech comes four months after National Economic Council Director Gary Cohn and Treasury Secretary Steven Mnuchin gave reporters a one-page outline of Trump's tax plan.

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"We're working right now on NAFTA - the disgusting, awful NAFTA deal that took so much business out of your state, out of your cities and towns".

"We need tax reform", Bossie told Fox News' "Fox & Friends" program.

Trump has vowed to stick to his plan of bringing down corporate tax rate to 15 per cent, from around 35 per cent, mentioning Ireland and other countries in his speech yesterday.

Trump's goal isn't just to make the make the tax code fairer.

Previous tax cuts have lead to more job creation, which has increased the amount of taxes paid and generated more income than the government expected, Ortiz and Williams wrote in The Hill. To reduce corporate taxes and lower top marginal rates on rich people! This focus was largely in terms of the "trillions of dollars in wealth that's parked overseas", and the large companies that execute their business activities overseas rather than in the U.S.

Trump said the third principle for reform is tax relief for middle-class families.

"All of America is grieving with you and our hearts are joined with you forever - we will endure and we will overcome", he said.

It will be up to lawmakers in Congress to hash out the particulars of a complex and risky tax bill, administration officials say.

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