Lt. Gov. Mike Parson praised the Trump tax reforms that were recently signed into law, stating that the cuts in the law put the good of the people first.
He brought up that the nonpartisan Tax Foundation’s macroeconomic model found the tax cuts would ignite GDP growth by as much as 3.9 percent over the long term, increase wages by as much as 3.1 percent, and help create nearly 1 million new American jobs. In addition, he pointed out how the new globally competitive permanent tax rate would be a boon to both workers and businesses.
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