Despite the hyper-partisan atmosphere in Congress, a bipartisan tax cut for the middle class could cause both parties to work together. Before the midterm elections, President Trump and Ways and Means Chairman Kevin Brady (R-TX) released a statement calling for a 10% middle class tax cut. While Republicans lost the House, Democrats are interested in a middle class tax cut of their own, possibly by expanding the Earned Income Tax Credit.
On Wednesday, President Trump indicated that he could be willing to make “an adjustment” to recent corporate and upper-income tax cuts in order to negotiate a middle class tax cut with Democrats. He did not offer specific details on what a potential compromise would look like.
The Convenience Distribution Association (CDA), formerly AWMA, is the trade organization working on behalf of convenience products distributors in the United States. Its distributor members represent more than $92 billion in U.S convenience product sales, serving a wide variety of small retail formats. Associate members include leading convenience product manufacturers, brokers, retailers, suppliers and others allied to the industry.