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Ivanka Trump, Mnuchin in NH to discuss tax plan

New Hampshire Union Leader

April 16. 2018 7:36PM
Ivanka Trump will travel to New Hampshire on Tuesday for a town hall discussion on taxes. (File/Reuters)

DERRY — An estimated 150 invited guests are expected to attend a town-hall style discussion on taxes at the Derry Opera House in Derry this afternoon featuring Treasury Secretary Steven Mnuchin and Advisor to the President Ivanka Trump, a senior White House official said Monday.

The discussion, which is not open to the public, will be moderated by former Gov. John Sununu, and will focus on President Donald Trump’s tax plan for individuals and working families.

“Tax day is not usually a reason to celebrate, but this tax plan gives us good reason to celebrate,” a senior White House official said Monday in a conference call announcing today’s discussion.

The senior White House official said the changes to the tax system announced late last year by the Trump administration doubles the standard deduction and increases the child tax credit, with the average American family projected to see an estimated tax cut of $2,100.

“New Hampshire is very dear to the President and the administration,” the White House official said. “There is no more iconic way than a New England town hall to discuss with New Hampshire families how they benefit from the tax plan.”

The White House official said Sununu was chosen to moderate the event because the former governor celebrates “the fact that New Hampshire has a history and tradition of being a state that lives by its motto, ‘Live Free or Die,’ and that includes lower taxes.”

Ivanka Trump and Mnuchin are expected to give remarks, before answering questions that were submitted in advance. The event, which kicks off at 1 p.m., is expected to last about an hour.

“Their remarks should be brief, and then they will try to address as many of those questions as possible,” said the White House official.

Today’s event marks the Trump administration’s third trip to the Granite State in the last month. The President unveiled a new opioid addiction policy calling for the death penalty for drug dealers during a opioid addiction policy speech at Manchester Community College on March 19, followed by a visit from Vice President Mike Pence to promote the tax plan on March 23.

“Ivanka and the secretary have a great affection for the state,” said a senior White House official.

Today’s discussion in Derry is one piece of a much larger campaign to promote the benefits of Trump’s tax plan, the White House official said. Trump appeared in Florida on Monday at a small business forum, while Ivanka Trump will be in Ohio later this week for another tax plan-related event with Linda McMahon, head of the U.S. Small Business Administration.

The White House official referred to the tax reform law as the first “significant” tax cut to be enacted in 31 years.

“Tuesday marks the last filing day on which Americans are forced to file under a complicated, over-taxed and rigorous tax code,” said the White House official. “The events in New Hampshire, Florida and Ohio highlight a week in which we are out with the old tax code and in with the new.”

Many large corporations announced bonuses and salary increases after the legislation passed, though some congressional analysts and economists warned the drop in federal revenue would lead to more borrowing in Washington.

Last Monday, the Congressional Budget Office predicted Trump’s plan and a recently passed bipartisan spending bill will balloon the U.S. deficit.

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