Larry Kudlow to Newsmax TV: Trump Needs Business Tax Cuts First

Larry Kudlow, the former economic adviser to President Ronald Reagan, told NewsmaxTV that the Trump administration and Republican lawmakers should push for business tax cuts as soon as possible, and sort out personal income tax cuts later.

“The corporate tax is going to be the biggest growth driver,” he said in an interview with Bill Tucker. “Investment has been missing now for almost 20 years and especially during the Obama ‘recovery’ — so-called.”

President Donald Trump’s economic agenda took a beating this month when internal divisiveness led Republicans to withdraw a plan to change the Affordable Healthcare Act, also known as Obamacare. The stock market suffered its biggest one-day loss since before the election as investors began to question whether Trump would fulfill campaign pledges to cut taxes, promote jobs growth and re-build roads, bridges and airports.

See Steve Malzberg on Newsmax TV: Tune in beginning at 12 PM EDT to see

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