Trump Commemorates National Day of Prayer With Rant About Lowering Taxes: ‘That’s Part of the Religion’
President Donald Trump spoke at the White House on Thursday to mark National Prayer Day and promoted his one “big beautiful bill” to lower taxes.
Trump began his remarks, saying, “I want to thank a man of incredible faith who’s with us, Speaker Mike Johnson, for being here. He’s done an incredible job. Thank you, Mike, very much. We’re working very hard on a great, big beautiful bill. Beautiful bill. And we’re trying to come up with a name. And I said, ‘Why don’t we just go with the great, big, and beautiful bill?’ That’s what everyone– So we’re going to probably do that because everyone knows what it means.”
“But later today, I’ll be going to the University of Alabama to deliver the keynote commencement address to a record crowd. They have a big crowd. I guess they have seven ceremonies. And they said, well, if you’re doing it, we’re putting them all together. I said, ‘That’s a lot of people.’ So we’re going to put them all together. It’s the first time they’ve done that. And I’ll give it a shot. All right? I hope we can entertain. I will give it a shot,” Trump continued as he introduced some more leaders present at the speech:
But before we begin, I want to let you know what I was just doing in a really great meeting with Speaker Johnson. We had also Majority Leader Steve Scalise, Chairman Brett Guthrie, who is a fantastic guy, and Chairman Smith. Everybody knows Chairman Smith, he’s the most knowledgeable person on taxes and finances there is, to be updated on the progress of the one big, beautiful bill. We love that bill. I won’t like it if it doesn’t pass, neither will you. If it doesn’t pass, your taxes are going to go up 68 percent. So think of it. Sixty-eight.
“And this is a religious ceremony to me, but that’s part of the religion,” Trump continued joking, adding:
Because if your taxes go up 68 percent, you might give up your religion. You might have no choice. You’ll be working too hard to try and make it. And that’s the Democrats. That’s what they’ll give you. They’ll vote against it. It’s not even believable. It’s called ‘Trump Derangement Syndrome.’ Because, honestly, everything in there is good for Democrats, Republicans, and everybody else.
These will be the biggest tax cuts in American history with 100 percent expensing, which is something that people cannot believe they’re getting. We did it in the last one, and we had the most successful economy in my first four years that we’ve ever had in the history of our country. And expensing was one of the things that led to that. But it’s 100 percent expensing for companies investing in America, and increasing take-home pay for the typical family by thousands of dollars a year.
And to show you how middle-income this is, there’ll be no tax on tips, no tax on overtime, no tax for the great seniors on Social Security. So you have no tax on Social Security for our great seniors. And we have full deduction for interest. If you buy a car that’s made in America, you get an interest rate deduction. That’s going to be a big — it’s got to be made in America. If it’s not made in America, we really don’t care if you buy it or not. But if it’s made in America, we want you to buy it. We make the best cars anyway.
Watch the clip above via Fox News.