ASTON, Pa. — House Speaker Paul Ryan of Wisconsin is in Pennsylvania touting a $5 trillion tax-cutting plan released by President Donald Trump and his fellow congressional Republicans as one that will be good for workers and average people.
Ryan spoke to a crowd of workers Thursday at Pennsylvania Machine Works, a pipe-fitting manufacturer in Aston about 20 miles (32 kilometers) southwest of Philadelphia. There, he answered a few questions about the plan, including one about how a corporate tax cut will benefit blue-collar workers and not just CEOs.
Ryan says lowering corporate taxes would make American corporations more competitive and able to draw more business, hire more people and raise wages. He also says CEOs are already paid well, but taxed at higher rates.
Still, the plan carries several provisions that would benefit the wealthiest Americans.