Trump's Big Tax Cut: A Waste of Time or a Big Economic Growth Driver?

Rachel del Guidice

The American economy has had a strong year. How much of this can we attribute to the federal tax reform passed in 2017? Ahead of this Sunday’s second anniversary of the Tax Cuts and Jobs Act, The Daily Signal is featuring several interviews about the law and its impact. We begin with Joseph Semprevivo, founder and CEO of Joseph’s Lite Cookies. The Daily Signal previously told his story and he’s back to explain how tax cuts not only benefited his cookie business but also Americans as a whole.

We round out today’s show with six individuals who spoke to The Daily Signal exclusively at the U.S. Treasury Department this week. They include economist Stephen Moore, a visiting fellow at The Heritage Foundation; Michael Faulkender, assistant secretary of economic policy at the U.S. Treasury Department; Christopher Netrum, vice president of tax and domestic economic policy at the National Association of Manufacturers; Ken Bentsen, president and CEO of the Securities Industry and Financial Markets Association; John Kartch, vice president of communications for Americans for Tax Reform; and Adam Michel, a senior policy analyst at The Heritage Foundation.

Rachel del Guidice: We’re joined on The Daily Signal Podcast today by Joseph Semprevivo, who is the founder and CEO of Joseph’s Lite Cookies. Joseph, thank you so much for being with us today.

Joseph Semprevivo: Thank you so much for having me. It’s been a very interesting journey in my lifetime. The cookie company was started when I was a little boy diagnosed with diabetes at the age of 9. And at that time, my mom and dad had a restaurant and they went away on their very first vacation, we came back, and the restaurant was empty. The manager stole everything they had. They went bankrupt and here I am, a little diabetic boy, watched my parents struggle, lose everything.

At this time I’m about 11 and a half years old and I decided one day I wanted to make a difference. …

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