Veteran financial guru and former Ronald Reagan adviser Larry Kudlow warns that savvy investors shouldn’t think President Donald Trump’s tax-reform goal is dead on Capitol Hill just because healthcare reform has been derailed for now.
“I don’t agree that tax reform is dead,” he told CNBC.
“This is the 100th millionth time I’ve said this. I want to get a business tax cut,” said Kudlow, a Newsmax Finance Insider, radio talk-show host and CNBC senior contributor.
“I believe Trump does too,” said Kudlow, who served as the Trump campaign’s senior economic adviser. “Wiser heads need to prevail. Here’s where experience matters. You can split off business from the personal, do the personal next year, the pressing need now is business. If you want to raise wages, cut business taxes,” said Kudlow, who worked as Reagan’s budget deputy between 1981 and 1985.
Kudlow also explained that the quicker a corporate-tax cut is enacted, the faster