Tax reform specifics expected to be announced at Trump's Indy visit

Tax reform specifics expected to be announced at Trump's Indy visit”

Simon DonnellyGOP sees fresh opening with Dems' single payer embrace Trump steps up courtship of Dems Trump having dinner with Schumer, Pelosi on Wednesday MORE (D) said Tuesday that he would make a joint appearance with President Trump at the latter's tax reform rally in the state on Wednesday.

President Donald Trump will speak at an event at the Indiana State Fairgrounds on Wednesday to promote the Republican-led federal tax overhaul effort.

"I'm happy to take a look at it", Donnelly said in an interview Friday during a visit from Vice President Mike Pence.

In addition, the top tax for corporations would be reduced to around 20 percent from the current 35 percent, they said. IN is in the process of phasing in Pence's 5% income tax cut, and has already reduced corporate taxes while abolishing the inheritance tax.

It's Trump's first visit to IN as president. His last visit was as president-elect in December, when he came to Indianapolis to announce a deal to reduce the number of layoffs at Indy's Carrier plant.

In a move that suggested he might be open to working with Republicans, Donnelly, along with two other Democrats in the Senate, didn't sign a letter by the party to Republican leadership with a list of demands on tax reform. The White House official says Trump and Donnelly have the same broad goals in targeting offshoring of jobs, but the official and Donnelly both note the White House hasn't released a specific proposal yet.

Pence won't be at this speech, but he's also part of the tax reform roll-out - he was in IN last week to talk about it, as the White House seeks to put pressure on U.S. Sen. Tom fears his family's heritage will end because of the death tax and Trump is expected to use Tom as an example of how people will benefit from rolling back the death tax.

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