Larry Kudlow, the economist and former adviser to the Reagan White House, said he is optimistic that Congressional Republicans can approve business tax cuts this year to help boost economic growth. He said lawmakers should include the cuts as part of a healthcare reform bill, then work on personal income tax cuts later, if necessary.
“My old boss Ronald Reagan used to say, ‘Give me half of the loaf now, and I will get the other half later’,” Kudlow said on CNBC. “I would do the business tax cuts right now and put it on the healthcare House reconciliation. It is legal and it works.”
Kudlow was an economics adviser to the presidential campaign of Republican Donald Trump, who ran on a pro-business platform of cutting taxes and regulation to create greater incentives to work and invest. Trump also pledged to undo Obamacare, his predecessor’s signature healthcare plan that sought