House Speaker Paul Ryan is confronting a career-defining challenge as he tries to sell a tax overhaul that Republicans are counting on to keep them in control of Congress. Many Republicans fear that failure on taxes, coming on the heels of failure on health care, could mean a harsh punishment in next year's midterm elections.
With that political reality as the backdrop, Ryan traveled to Pennsylvania on Thursday to pitch the GOP's ambitious plan at a pipe-fitting plant in Delaware County, home to several House districts Democrats hope to contest next year. Addressing dozens of workers, the Wisconsin Republican argued that American companies will be able to compete better in a global economy if corporate rates are slashed from 35 percent to 20 percent as envisioned in the plan he helped author with Senate GOP leaders and the Trump administration.
“If they can compete, they can get more jobs, they can get more accounts and they can raise wages,” Ryan told workers crowded in front of a makeshift stage on a factory floor, surrounded by robotic milling machines. “Wouldn't you like to see that happen? That's the whole idea here.”
Pressed by one worker on how he could ensure that the corporate rate cut would benefit blue-collar workers, rather than CEOs, Ryan said CEOs are “already getting paid well” and returned to his argument that high corporate rates hurt workers. The GOP tax plan, though, does plenty to benefit the wealthiest Americans, including eliminating the estate tax.
Source : http://www.mcall.com/news/nationworld/pennsylvania/mc-nws-pau-ryan-talks-gop-tax-plan-pennsylvania-20170928-story.html279