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Donald Trump
President Donald Trump waves during his arrival at Bismark Municipal Airport, Wednesday, Sept. 6, 2017 in Bismark, N.D. Trump is in North Dakota to promote his tax overhaul plan. (AP Photo/Pablo Martinez Monsivais)

Trump promised a crowd in North Dakota 'we will bring back the American Dream'


Updated September 06, 2017 04:21 PM EDT

President Trump speaks in North Dakota.

Updated September 06, 2017 05:02 PM EDT

President Trump told the crowd about his "American model," promising to go into greater detail over the next two weeks.

He called for a tax code that is simple, fair and easy to understand, saying the complexity of the current code leads to confusion and frustration. He talked about families needing professional help just to complete their taxes.

Trump said he planned to cut taxes for middle-class families, calling it the biggest tax cut since the days of President Reagan.

"It's finally time to give the American worker a pay raise," Trump said.

He said he would raise the standard deduction and cut the business tax rate down to around 15 percent, reiterating his belief that the U.S. needs a tax code that will restore its competitive edge.

Trump said he would reduce the tax rate for America's small businesses, and that his tax reforms will also benefit mid-sized businesses and workers in the energy sector.

He said lower business taxes will serve as a catalyst for businesses to hire more American workers.

The president said he plans to end the inheritance tax.

President Trump said he hasn't given up on health care reform -- emphasizing that the GOP's latest effort failed by only one vote.

He urged those in the crowd to tell Congress to stop putting party first and start putting America first.

Trump promised to give U.S. workers "the level playing field they deserve."

When that happens, Trump said, store shelves across the country and all over the world will be labeled "Made in America," or "Made in the USA." He briefly debated which one would be used.

"We will bring back our jobs, we will bring back our wealth... we will bring back the American Dream," Trump said.

Updated September 06, 2017 04:43 PM EDT

“The policy we’re talking about is cutting your taxes,” President Trump told the crowd at the Mandan Refinery.

"The highest taxed nation -- we're going to turn that around very quickly," the president said.

"By working together, we're going to restore America's competitive edge," he added.

Trump said North Dakota chose to embrace the American worker, and has the lowest unemployment rate of any U.S. state.

Trump said he has worked hard as president to reduce regulations. "Since my very first day in office, I've moved at a record pace," he said.

The president said the EPA would be refocused on its core mission -- clean air and clean water.

He was met with cheers as he celebrated the opening of the Dakota Access Pipeline despite significant opposition.

Trump said wages are rising in the U.S., optimism among manufacturers is at an all-time high, and companies are moving back.

"America is back and it's back right on track where it should be," he said.

But Trump said the U.S. tax code is "burdensome."

"Our tax code is a giant, self inflicted economic wound," he said.

Trump touted the fact that the U.S. hit 3 percent GDP growth this quarter. "I'll tell you what, a lot of it had to do with cutting regulations," he said.

The U.S. needs tax reform that is "pro-growth" and "pro-American," Trump said.

He said his administration is working with Congress to develop a plan that would result in higher pay and tax cuts at every level.

He said high tax rates encourage companies to move away, and his administration opposes "off-shoring."

President Donald Trump is headed to North Dakota Wednesday where he's expected to promote his tax overhaul pitch.

The president tweeted, saying he would specifically be discussing "tax reform and tax cuts."

"We are the highest taxed nation in the world - that will change," he tweeted.

Based on Trump's conversation with reporters aboard Air Force One, the Deferred Action for Childhood Arrivals (DACA) program could come up as well.

He told reporters that he believes both sides of Congress will work very hard to reach an agreement on DACA.

"I’d like to see something where we have good border security, and we have a great DACA transaction where everybody is happy and now they don’t have to worry about it anymore because, obviously, as you know, before, it was not a legal deal," Trump said.

The president is expected to begin speaking from the Mandan Refinery in North Dakota at 4 p.m. EDT.

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