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Larry Kudlow

Excerpt from Newsmax:

Veteran financial guru and former Ronald Reagan adviser told Newsmax TV that President Donald Trump must quickly push tax-reform legislation through Congress in order to avoid disappointing voters and to bolster his own standing in the eyes of the American public.

“From the Trump standpoint, he needs wins. He’s got to have first-year victories and the two biggest issues are healthcare and tax reform,” the radio talk-show host and CNBC senior contributor told “The Steve Malzberg Show.”

Republican officials have said they don’t expect major tax reform until after the August Congressional recess. “That means it’s going to take quite some time to realize any of these tax reforms, any of them, and I think that’s going to damage the outlook for 2017, I think it’s going to damage the stock market, I just think it’s foolish to wait. So, my view is let’s get it done fast. That’s what we should focus on,” the Newsmax Finance Insider said.

Steve Forbes

Excerpt from Newsmax:

President Donald Trump must act now to push his tax plan through Congress because the American people who voted him into office are expecting the economy to truly flourish and fulfill his campaign vow to “Make America Great Again,” Steve Forbes, chairman and editor-in-chief of Forbes Media told Newsmax TV.

“The key thing is to get a good straight bold tax cut plan through,” Forbes told Sunday’s “The Income Generation Show.”

“Don’t put in this crazy 20 percent national sales border tax in. Make it clean, make it big,” he said.

“And I would push it through now even though the Republican are deep into healthcare that’s going to take a lot of work, a lot of controversy. Do a big tax cut, make it retroactive and you’d start to see this economy blossom,” he said.

“There’s a lot of optimism out there. People ready to move and he’s got to start have Congress deliver on the promises that he made. The American people are expecting it,” he said.