It’s going to offer working families . . . rebates to buy new and efficient appliances, weatherize their homes, get tax credit for purchasing heat pumps and rooftop solar, electric stoves [including electric induction stoves], ovens, dryers. It gives consumers a tax credit to buy electric vehicles or fuel cell vehicles, new or used.

Well, one of the major Considerations in evolving the tax reform package is obviously to provide adequate incentive for business expansion. And I believe that when the tax reform package is made public, that there will be a sigh of relief and also a removal of the inevitable uncertainty about what the terms of the tax proposal might encompass. Also, of course, through long weeks of House and Senate hearings, any possible improvements on the tax reform package would be explored. We have met with many leaders--I have personally--representing small businesses, large businesses, the professions, labor, consumers, tax experts, in trying to evolve a good package. And I think it will be good. We hope that there will be equity. We hope that there will be a reduction in tax rates. We hope that there will be simplicity, and we hope that we can provide an adequate assurance of improved venture capital in the future. And we hope that there will be substantial tax reductions. Those are about five factors that I hope will be in the tax reform package and which I can predict to you with great assurance will be in the tax package.

You get a tax break for a racehorse, why in God's name couldn't we provide an $8,000 tax credit for everybody who has childcare costs? It would put 720 million women back in the workforce. It would increase the GDP, to sound like a wonk here, by about eight-tenths of one percent. It would grow the economy.

low-income housing credit that accounts for some 90 percent of affordable rental housing in the United States. One reason that social entrepreneurs are considered an end to big government social programs is because, with this single credit, Enterprise has outperformed the Department of Housing and Urban Development (HUD) on its core issue for more than two decades.

As many of us know, women are particularly focused on the household budget and the repeal of the carbon tax means a $550 a year benefit for the average family.

I believe passionately that people have a right, by their own efforts, to benefit their own families, so we have taken down taxation. It doesn't matter to me who you are or what your background is. If you want to use your own efforts to work harder—yes, I am with you all the way, whether it is unskilled effort or whether it is skilled, we have taken the income tax down.

Enough is enough! [...] How many homes can you own?

So here’s the kicker: with the state taxes we’re saving every year, we are literally paying off our entire new home in six years! Did you catch that? We’re paying for our entire home out of the tax savings we now get as residents of the Sunshine State instead of the Golden State. Kind of makes you think we should have done it sooner, huh? Better late than never.

My budget blueprint will restrain spending, yet meet growing needs with a reasonable 4 percent growth rate, which is a little more than inflation. After paying the bills, my plan reduces the national debt, and fast. So fast, in fact, that economists worry that we're going to run out of debt to retire. That would be a good worry to have. Finally, along with funding our priorities and paying down debt, my plan returns about one out of every four dollars of the surplus to the American taxpayers, who created the surplus in the first place. A surplus in tax revenue, after all, means that taxpayers have been overcharged. And usually when you've been overcharged, you expect to get something back. Tax relief means real help for both American families and the American economy. Everybody who pays income taxes will receive a tax cut. Nobody will be targeted in, and nobody will be targeted out. The typical family will get about $1,600 in tax relief, and that's real money. And that's money that will help American families manage their own accounts, manage your own balance sheets.

[ Proposition 13 ] would precipitate a revolutionary reform—one long overdue—in California state and local finance… People’s incomes are not closely related to their ownership or use of housing. Hence, the present tax system unjustly burdens the young family with large housing needs and the older couple who want to live in their family home or their retirement pensions. Stability of home or apartment occupancy is an important social goal. The present tax system weakens our society by threatening to force people out of their homes.

The right of every family to a decent home;

To help our hard-pressed cities, which quite often in the past have not gotten a fair share of governmental opportunity, we've supported--and Congress just passed yesterday--a major expansion of countercyclical revenue sharing, which means that the money goes to the areas that are most in need. We've also proposed a renewed community block grant program with changes that will stimulate private investment, in particular housing and other developments, and put more of the money into the cities again which need it most. We support extending the earned-income tax credit for working people and a general, personal tax credit, which together add up to $6.8 billion annually in individual tax relief, mostly for low- and middle-income families, including those families too poor to owe any income tax. And also, I will sign into law within the next few days--Congress has already passed--a permanent $4 billion tax cut through increases in the standard deductions. Eighty-eight percent of this tax relief will go to families with incomes of less than $15,000 a year, and 3.3 million low-income taxpayers who no;,' pay taxes will not have to pay any Federal income taxes at all.

This pie chart represents the $70 billion in tax cuts, and the majority of that will go to people making over $200,000 a year. Or, as the government refers to them, "citizens."

Even before Donald Trump’s election, only one-sixth of eligible families with kids received assistance for childcare and a paltry one-fifth got housing subsidies. Yet his administration arrived prepared to put programs that helped some of them pay for housing and childcare on the chopping block. No point in such families looking to him for a hand in the future. He won’t be building any for them. Whatever “” may mean, it certainly doesn’t involve helping America’s poor kids. As long as Donald Trump oversees their race into life, they’ll find themselves ever farther from the starting line.