Radical middle-class tax relief is ‘third leg’ of reform: Scaramucci

By TaxesFOXBusiness

Anthony Scaramucci: Trump has an unbelievable economic story

Former White House Communications Director Anthony Scaramucci on the 2019 SALT Conference, President Trump's economic policies and the fallout from the Mueller report.

Former White House Communications Director Anthony Scaramucci said Republicans should go on the offense and submit a radical tax proposal to Congress.

Continue Reading Below

“The president was talking about a Phase Two of the taxes prior to the midterms where he has to offer more tax relief to the middle class and lower-middle-income communities,” he said during an interview on FOX Business’ “Mornings with Maria” at the SALT conference in Las Vegas on Wednesday. “I think if he does that, that's sort of this third leg of the stool.”

MORE FROM FOXBUSINESS.COM.... 

Scaramucci believes that the U.S. economy can grow without a ton of inflation by simplifying the tax code.

“If he were to simplify the tax code for those people, and I know he wants to do that, he's just not sure if he can get it through the Congress the way the Congress is configured right now, that would probably stabilize us in the three zone, 3 percent zone on GDP.”

CLICK HERE TO GET THE FOX BUSINESS APP

The U.S. economy grew by 3.2 percent in the first three months of 2019.

What do you think?

Click the button below to comment on this article.