Hoeven: President Makes Case for Tax Reform to Strengthen North Dakota Economy, Provide Families with Tax Relief
Senator Also Urged President, Administration to Support ND Producers Impacted by Drought
MANDAN, N.D. – Senator John Hoeven today joined President Donald Trump, U.S. Treasury Secretary Steven Mnuchin and National Economic Council Director Gary Cohn, to make the case for tax reform.
“We appreciate the president and members of his cabinet coming to North Dakota to discuss the importance of reforming the tax code for families and businesses across our state and nation,” said Hoeven. “Today’s speech highlighted North Dakota’s role in powering our nation’s economy and how tax reform will empower greater economic growth, job creation and help to increase wages for our workers, while also providing tax relief for individuals and families across the country. We need to get tax reform done for the American people.”
Hoeven’s priorities on tax reform are to reduce compliance costs for businesses and families by simplifying the code, bringing down rates and broadening the tax base to ensure stable revenues. This will allow continued funding for the nation’s priorities while increasing government revenues over the long run through efficiency and economic growth.
Additionally, in working with the Administration before the president’s visit, Hoeven emphasized the need to help the state’s farmers and ranchers to weather the drought. The senator also spoke with President Trump on Air Force One to encourage his support for the state’s agriculture sector, which is challenged by drought conditions and low commodity prices.
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