Washington, D.C. – In case you missed it, Club for Growth President David McIntosh called on Congressional Republicans to extend and expand the Trump Cuts, especially including neutral cost recovery in an interview with the New York Times. Club for Growth has been pushing for the inclusion of neutral cost recovery in the extension of the Trump Tax Cuts since May 2024.
Click here to read the full coverage from David Sanger in the New York Times.
Click here to read Club for Growth President David McIntosh’s December 2024 op-ed on neutral cost recovery in the Washington Times.
Click here to view the Club for Growth Foundation’s Freedom Forward Policy Handbook from May 2024.
EXCERPTS:
“I keep telling them not to underestimate Donald Trump,” said David McIntosh, the president of the Club for Growth, the anti-tax advocacy group whose members almost unanimously cheered Mr. Trump’s return to office.
Mr. McIntosh said he is optimistic that Mr. Trump will be successful at negotiating down tariffs with Western-style democracies that rank among America’s biggest trading partners. “I run into a lot of executives who ask, ‘OK, how does Donald Trump do this?’ And my answer is to wrap their minds around ‘The Art of the Deal,’ that he is negotiator in chief.”
The way to calm the markets now, he said, is to “get Congress to get the tax cut bill done,” and to extend the tax cuts Mr. Trump got enacted in his first term.
Mr. McIntosh is pressing to expand that tax cut, specifically by permitting businesses to write off the cost of building new production facilities immediately, rather than depreciate those costs over decades.
The post ICYMI: CfG President McIntosh Tells NYT Republicans Must Extend and Expand Trump Tax Cuts appeared first on Club for Growth.
