Trump Among Topics in Bush Meeting on Tax Plan

Republican presidential candidate Jeb Bush agrees that immigrants aren’t causing job loss in U.S., but rather “it’s a bad tax system and over-regulation and things like that,” Heritage Foundation economist Stephen Moore says in interview recounting today’s meeting with Bush, publishing executive Steve Forbes, and CNBC contributor Larry Kudlow.

  • Moore says they disagree with Republican candidate Donald Trump’s assertion that U.S. should keep out immigrants
  • Bush said his tax plan, which the candidate will unveil tomorrow, “will raise the GDP by about 10ppts over next decade,” according to Moore
    • “It’s very specific about what would happen to rates, which deductions would be allowed and which wouldn’t, and what he’d do with the corporate system”
  • “We were happy with the plan” as it’s “very pro-growth”
  • NOTE: Bush said last week that tax rates should be lowered to stop U.S. companies from moving corporate headquarters overseas; related story
  • NOTE: Moore, Kudlow and Forbes, along with Arthur Laffer, have formed the Committee to Unleash Prosperity

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