Andy Puzder: ‘All Americans Will Benefit’ from the Tax Cut Bill

EXCERPT:

KILMEADE: "First off, this isn’t the exact tax plan the president wanted, but most agree stats reveal 90 percent of middle class people will be getting a tax break of over $1,000. Is it already put into the market, this tax break or do you think that we’re going to see some type of boon come winter."
PUZDER: "We're going to see a real boon. This tax -- this -- look this tax bill has done exactly what it should have done. It gave tax benefits to working and middle class Americans as you pointed out, which -- which was important. Because during the Obama years they really didn’t have the opportunity — the good job opportunities that a thriving economy would give them. But it’s also more importantly going to incentivize businesses to invest. And that was what was missing during the Obama years. We didn’t have business investment and GDP growth never got much above 2 percent. This bill comes on top of regulatory reform which has already got us about 3 percent GDP growth and the anticipation of the bill has really created a lot of enthusiasm in the business community where the New York fed is now predicting that we’ll have close to 4 percent GDP growth in the current quarter. So I think going forward as businesses invest the moneys that they'll get from these tax benefits, and from being able to expense their investments in the year they make them, we're going to see a lot of growth, a lot of jobs created, it’s going to put pressure on wages and all Americans will benefit from this."