President Trump Hosts the Tax Cuts for Florida Small Businesses Roundtable
Oh what. A group, aquatic. Dude these. Are my friends, these are great friends and we, have great friends right here, so thank, you very much everybody we really appreciate, it we've. Made tremendous progress. In. Our country, we're. Working, on new trade deals that are going to be great deals. Where, as you know very tough, on Cuba. Not. Fair not fair what happened with, tough but this is our we're. Gonna celebrate a little bit I love behind, us USA, open for business whose, idea was that that's. Marco. Marco. And. It is it's open for business we're doing, tremendously. Companies, are moving back into our country now we have billions of dollars, and even trillions of dollars going to be coming back in already started, Apple three hundred and fifty billion dollar investment. In. Really. A new campus, beautiful. Beautiful campus, and plants. And. I've always wanted that so many of the companies are bringing back their money they're putting it to work, Chrysler, is opening up a big beautiful, plant in Michigan and so many other car companies and, it's, a whole different story they all want to be part of it and I, want to thank senator, Rubio it's been a great friend. And. Mario I want to thank you you have right. From day. Our. Secretary. Of the Treasury he's right there and our Secretary, of Labor, thank you Alex Thank You Stan. Not. All of my choices were good but they were great ones. Tomorrow's. Tax day and we're going to hear from everybody, and every I mean we have heard from so many people they're so thrilled and remember this this is the last time you're going to fill up that long. Complicated. Horrible. Return. I would say that some of these tax. Some. Of these companies that do all that work when getting. A lot of money for doing your tax returns, they're not going to be too happy with us but that's about the only business that won't be so.
Tomorrow. Last. Day very, importantly. Next. Year it's going to be a simple for. The most part one-page it make it a little bit bigger but. It'll be simple, and easy to do and very. Importantly, you're gonna have a lot of money left over from what you have and. We. Did get one Democrat. To. Vote for us and Senator. Nelson was hostile, to it and let, me tell you if for any reason they. Get in meaning the Democrats, they're going to raise your taxes, way up high they're going to terminate this out of course I'll veto it that's alright but eventually they. Want to terminate, they want to terminate and they want to raise your taxes, and we. Cannot let that happen because this country is starting to rock with our businesses, coming back and it's starting to really rock. So. We've. Had massive. Tax cuts that I mean massive, we've. Had, tremendous. Success from, the company's, standpoint and from the people standpoint, they're going out they have a lot more money to spend and you know. Something, happened that we didn't even expect nobody talked about it when we first had it passed it, started, with well, AT&T. Well we might as well give them credit but, they gave thousand, dollar bonuses, to their employees so that's a lot of employees then all of a sudden other companies, came along and now, you have all of the big I mean so many of the big companies they've given bonuses, to, the people that work for the companies that was unexpected. Nobody thought that was going to happen and most. Importantly, we waited till February first and you see what's happened to, your wallet when you're getting a lot more money, in your, weekly or monthly checks, than you ever thought possible. So. People are really liking, it and, very. Importantly it's great for the country our, taxes, were the, highest, or among the highest but just about I would say Marco, they were the highest in the world from a business standpoint that's why businesses, were leaving now. They're. Not the lowest but they're on the low side and businesses, are pouring back into the United States and that means jobs that. Means jobs. So. We've created. Since. Election, day that beautiful, beautiful day was that a great. Mario. Was saying we got a big, big percentage, vote over here didn't we yeah we got a big percentage, vote but, since election, day we've created three million. New, jobs, three, million. And. People. If I, would have said that prior. To the election, that will create in a short period of time three million jobs they would have said that's ridiculous, that's an exaggeration how. Can it be possible we, would have taken a lot of heat but we've created three million new jobs and now the number is even higher than that so since election, day three million. New jobs unemployment. Rates for. Hispanics. Are, there, any Hispanics, in the room no idea. For. Hispanics. The. We have the lowest level, ever, recorded. In, other words you have more employment, I think of it lowest, level. Employment, rates for, African, Americans, the lowest, level. Ever recorded, and. I'm, really proud. Unemployment. For women for, women lowest, level in 18 years women out there. So. That means if, you, are a woman and Hispanic, or a woman. And, african-american. You're, really doing well right that. Means you're really doing, remember. What I used to say they used to take heat for it what do you have to lose I'd. Say what do you have to lose everyone, said ah say if it, was a rambunctious, Stadium, or something I'd say what. The hell do you have to lose right and I get criticized, by those people to fake media back there. Thank you no. I get I'd. Get criticized, for using the word hell I severed, a heck of a lot worse than that. But. The economy Larry Kudlow is here someplace where's Larry Larry, cutter where's Lee come on Larry stand up he just gave me. He. Just gave me a number, he. Said the economy is, entering, the greatest, boom, in many, decades in other words it's now at the, phase early, phase would you say that Larry of the, earliest, and greatest this could be one of the greatest booms ever I think, it will be actually because the companies, are so strong and they're ready to rock what do you think Larry, good. I thought you're gonna say that can you imagine if he didn't could you, imagine he said no I disagree with that. Right. Everybody's. Going to benefit, yourself. That's, right and very. Important, and by the way John Bolton is here we just had a big.
John. That's pretty good I didn't expect that I'm a little jealous are. You giving him all the credit oh. You. Know that means the end of his job you know. He. Did did he do it did our generals, do a great job get on this. And. You know. With. Way over a hundred, missile, shot in they didn't shoot one down, the equipment didn't work too well their equipment, and, they. Didn't shoot one you know you heard oh they shot 40 down then they shot 15 down they what then I call I said did they no sir every single one hit its target think of them. So. We have the biggest tax cut in history bigger, than the, Reagan tax cut because in any tax cut but what else the, individual, mandate is gone that's, born Obamacare. Which is about, the end of Obamacare. So. We. Had Obamacare. Beat then one senator, decided, to go thumbs down do you remember that evening do, you remember that no nobody remembers, thumbs, down yes it's all right because, Alex, Acosta. Has come. Up and you know this is a plan that a lot of people have wanted for a long time associations. And we're, gonna have tremendous. Signups and Alex one is that, tell. Me if you could when is that going to be ready where people can actually start signing, and doing it in groups and through cooperatives. Etcetera, that's right mr. president we hope to have that by, this summer, it's, gonna be incredible, you're gonna get tremendous. Insurance. At a very low cost so. The individual, mandate, is that Anwar. Is up that's the big energy that, nobody thought you know it's funny I didn't want to do it I said now let's not do that and then, a person called up who I have a lot of respect for the energy business is, it true that you're, gonna get n war as part of your tax cut plan you. Know they put a lot of things in so. We had the individual, mandate we have Anwar I said yeah it's true what tell me about it cuz I'm not inclined to do it I said for very specific, ways he. Said well I tell you it's pretty amazing, he didn't benefit by but he said they've been trying to get this passed since. Ronald Reagan nobody, could get it done no president, could get it done nobody it's impossible. It's perhaps, the most the, biggest the best in the world in terms of energy in terms of a field he, said nobody's, been able to get it done as. Soon as I heard that I said I called up I said put that back in the bill quickly. Right. And, we got it done Marco we got it done that was a big deal and that's, a lot of jobs in Alaska, that's a lot. So. Just. Another thing because you know the tax cut is is massive, and not since reagan but this, is bigger you look at the whole bill it's bigger than anything ever past but. Very importantly, and that's a tremendous, asset, to our country but, we did another thing that people don't talk about much we cut regulations, at a level, that nobody's, seen in the history of our country more, than any other president so I'm here 15 16 months and we've. Cut more regulations. Than any president, whether it's four years eight years or, in one case 16, years nobody's, even close and we're, not finished yet. Where. Roads and highways would, take 1718. Years to get a permit or not even gonna prove you know a lot the worst is it go out 17, years and then they're voted down, you. Now we're looking to get it down to two years and maybe even one year and maybe, get rejected you know nobody's, gonna say it's not gonna get maybe it gets rejected, but if it does it's gonna get rejected quickly, you're, not going to take an entire lifetime, to get something approved and, then all of a sudden you find out and I've had projects, well it took years and years and then you go fortunately. They, got approved but, I've had projects, that took four five six years to get approved big, building, projects, and I said to myself going into the final approvals, I said you know if, these five people don't.
Vote For it I've wasted millions, and millions of dollars and, I've, wasted five, or six years of my life trying to get a project to prove it's not right you, know if something's good if it's good and if it's gonna get approved so we. Have the biggest. Regulation. Cut and I'm not so sure that the, regulation, cut marco isn't even more, important, than this massive, tax cut but it's right up there and we're, continuing, to go so we think that things that would take sometimes, two. Decades, to get approved can be done in two years and even one year and again, if they're not environmentally, good if they're not safe if it's not great for our water and our air and all of the things that we watch and we think. Are so important, we're not good all prove it but, we're gonna have fast approvals, we have many many jobs that started, now that would never start, if the other administration. Came in and that's, why you see the job numbers the way they are the job numbers are through the roof and the training numbers, are through the roof and you, see it and I, just they don't talk about regulation. Much I think it's as important, as the big massive tax cut so I just want to let you know that a business. And consumer confidence, in, our country is, at an all-time high Larry, just gave me the numbers and there's nothing close so we're at an all-time high and. The. Tax cuts for a family, let's talk about just families now because number, one the jobs you have choice you. Know we're creating choice for our great veterans, all right choice this, is a different kind of choice. This. Is a different, kind of choice this is choice for job in the. Past jobs, we weren't doing great and you'd have one job and you'd hold on you really have choice we our people are hiring and wages. For the first time in 18 years are, going up because I used to make the speeches I came down here and made one, wages. Were stagnant and. Even going down people made more money 18 years ago and today, they're working two and three jobs first. Time in 18 years where wages are going up, congratulations. Enjoy your money right, there. So. Today. We're, joined by Florida, business owners and workers who, are experiencing, the incredible, results of the tax cuts and I'd like to invite each of you to share some of your stories, if we can start let's, start right at the end of the table Thank, You mr. president like a very prosperous guy I have to say trying.
To Be trying to do my. Name is Alberto Baio I'm. A Cuban American descent, born, and raised in Hialeah Florida and very proud of. My. Family history in trucking has, been goes, back to day since 1972. My. Father opened Palmetto transport, in 1992. And I. Was successful. Enough and happy enough to take, the company over in 2004. Due. To the surging economy, we have now in South Florida and to, the tax reform I've, been able to invest in newer technology, they, want to buy more equipment and hire, more employees for, my business and mr., president I just want to say thank you for making America great again well thank you. Marco. I'd like to you have been such a help I'd like you to say a few words before we, thank. You mr. president being. Here I think it'd be remiss if I first didn't thank you for being a champion for the cause of freedom and democracy in, this hemisphere. That. Was very clear this weekend the vice president's, presence at the summit of the Americas whether, it's on Cuba or on Venezuela the. United States has led the way in fighting. For freedom. And. I, want to thank you for John, Bolten because I said the day that he was hired was a bad day for Maduro, and Castro, and a great day for the cause of freedom. And. I. Want to thank you for fighting for the American worker because. Behind all these businesses, they're gonna be the first ones I tell you is the American worker the American worker has been forgotten for far too long the people that put in 8 10 12 hours a day six seven, hours a day six or seven days a week there's dignity work isn't just about money it's about the dignity that comes with work and they've been beat up in the north for far too long whether, it's taxes, whether, it's jobs sent to other countries, now this, tax reform is about them but you're doing something else it's very important, you're finally, doing what I wish previous. Administrations, have done you are taking on the cheating and the stealing, the Chinese, have committed against our economy. And. Finally. I want to thank you as well for the child tax credit, millions of parents across this country will have more money in their pocket come, tax. Time next year because, of your leadership and, of your work, and if I may for 15 seconds a lot of those people covering this do so in Spanish rather than let them use an interpreter can I just say. De. La gracias Senor Presidente or, Sharon Campion. Afterward, that mo Gracia la libertad Anatomy. So. I. Was. Going to ask is he better in English and Spanish but they didn't stand for the English and they stood for the Spanish so, I don't have to ask. Very. Good actually, I just said they saved a bunch of money by switching to Geico. Very. Good Thank You Marco very much we appreciate it and you know. Doral. Right. Down the road I own, it surround. It I, don't. Think about it anymore I will tell you. Surrounded. By Venezuelans. As you know a lot of Venezuelans. Those, are great great people, and we are working very hard on the Venezuelan, Horror, Show that's happening and I. Think you see that I think you know that but, I got to know the Venezuelan, people because, so many of them are in that area the Doral area and I. Will tell you these are great people so between Cuba, and Venezuela. And, really. Hopefully, everyplace, else you are very well represented so, thank you very much. So. Go ahead. Thank. You darling. Thank, you. Good. Afternoon mr.. President. My. Name is dr. Patricia McKenna, I was, born in Cuba, October. 27, 1948 and. Came. To this country in, 1967. Since. 1984. I have practiced, dentistry in. Miami-dade county for, my business and my practice the. Tax law that was passed on December. 2017. Has, brought improvement. To, the practice, like, we were able to buy new, and last generation, equipment, my. Office, whom Cara family, the industry, includes. Is a large. Facility with if the a dental, unit is a small, corporation, where our clinic, has for, dainty, some 14, employees, and all. Of them have, been officiated, from this low, secretaries. Hygienists. Assistant. Have, all received bonuses. Also. An increment, under check your. Motivation. Is. Noticed, due, to the changes, in that tax policies, we plan to open more positions, in the front office and ask a hygienist, it. Is a pleasure to, have you here with, us and, I, am glad that, you, are taking, action to make America, truly great again. So. I know maximum, and you, built a great company and, now. It's become you, just said even greater so go ahead let, us know how many more people you hire.
It's. Really overwhelming a feeling. To. Think that. Almost. 60 years ago at age 13, I, arrived. In this great country of ours and. That one day six days later was gonna be next, to Marco. Rubio greatest, senator and, one of the best presidents. My. Name is max Morris most of you people know me as max, said. This before I'm a pyro I. Was. One of over 14,000. Children that came from Cuba without parents, and lo. And behold, you. Happen, to arrive, with the finest, most. Generous country in the world and. My. Notes look, similar to the president, believe it or not he's got just dancers like this so just really because, we talk from our heart so we. Don't have to read very much to tell you our, story. It's. A story of many. Many millions of people who come to this country to look for an opportunity and our. President. Has. Now restored. The capacity, of people, like me that, started a business from the trunk of our cars, to become a very prominent company, where we impact, over 50, 40 thousand, families and. Think. Of mr. president very. Happy. That right. Before he was elected we. Had a town hall meeting and I took the liberty of elected, him I said we're gonna elect you in November and we're gonna see you soon I'm oh my god I look prophetic, today. Just. To give you an idea, but. The impact, of. The. Tax. Laws. Pass. By. Mr., Trump our president, who. By, the way he didn't get everything that he wanted but still we. Set off more because he has to deal with some people who still do not understand, what really makes America, great but I'm pretty sure in time they will but. Just to give you an idea my. Company. Who, runs and/or supplies, over 400, gas stations, in the South Florida area we. Have hire over 40, people that. Differently. We have not been able to hire if not, for these tax cuts that allow us to have. The extra income to do this for. Example something, very simple, the. Fact that we can now write off the equipment that would now normally, we had taken us 10 15 years to write. It off now we can do it immediately imagine. How many businesses, that produces. How many families, are working how many how, many people need to install that equipment, and so on and so forth Thank You mr. president because, it's not only the tax laws is that regulations. That. They're the, ridiculous, regulations, that we had that, prevented, people to. Do what I did, 31. Years ago starting, a company with, nothing and. Became a very prominent, company, and this. Is the only country in the world that you can do this and. I hate to get emotional. It. Happened to be in the petroleum. Industry and, of. Course we supposed to be bad people because we, damaged the environment, when. In essence we, probably protect the environment, more than anybody else and it, was this president, that allowed the construction, of, the, Keystone pipeline. Which will then believe. It or not will provide cheaper. Oil cheaper, fuel to all of us and it. Was mr., Donald. Trump our president. Made. That happen immediately. That's. The typical Latin, person. I'm. Gonna stop now because, they told me only one or two minutes. Today. I just. Want to tell you that. Those. Of us who have been successful are. Now. An example, of all, our children to. Follow in our footsteps, and. I, challenge, my colleagues. To. Understand, that. If I gave everything that I have today. It. Would only be 10% of. What, I was even, when. I came to this country. On. A sidenote. He. Owns corral I live, it because I've been at the rail since 1988, thank you very much where he took something that was rundown that it was absolutely. Third. World country, and made it into the nicest place that we have in South Florida thank you very much nothing less I don't. Actually. He was much quicker than I thought okay. So. I really have a great story please thank, you good, morning mr. president, thank you for allowing me to be here with you today it is a great honor thank you my, name is Adina V I knew my family and I arrived, in 1980, during the Mariel Exodus, we. Brought nothing with us only the clothes we were wearing however.
We Didn't come here for a handout we, came here because this was the promised land a country. The promised political, stability, respect. Of law opportunity. And freedom in, 1984. We opened our first restaurant in South Florida, Las Vegas Cuban, cuisine today. We operate 15, units including, La Casita ubon Miami International. And. We. Employ over 400, employees in, South Florida we. Were hit hard during the last administration's, tax hike and are most grateful for your tax and jobs Reform Act. It. Allows us to keep more of our hard work to earn and earnings, allowing us to reinvest, in better and new operations, thereby. Creating, more jobs I. Personally. Think it's better for the country than, studying tadpoles, in some dry River down in California. Government. Helps small businesses, by letting us do our jobs and getting out of the way by, unleashing, the American spirit, your'e incentives, have created huge demand, in the labor market so. Therefore, in order to retain and hire new employees ow, hourly, employees, have seen an approximate. Wage increase, of about 20 percent in this, short time period, people. Are earning more in their book therefore, this gives them confidence to go out and spend more a win-win. For everyone, on, a personal, note I'd, like to say that I've been a supporter from day one you announced your candidacy and, I have Facebook to prove it good. Having. Comes from a country that promised, everything and only delivered misery, I knew. That eight years of promoting appeasement apologies, and entitlement, was taking the us down a path of no return, lastly. I leave you with a thought from a great cuban thinker who's they might be, it. Is a sad thing not, to have friends, but even sadder must have been not having any enemies that, a man should not have no enemies is a sign that he has no talent to outshine, others, nor. Character, to inspire no. Valour to be feared. No. Honour to be rumored nor goods to be coveted nor, anything to be envied. I am. Grateful millions of us had the good sense to elect a man who believes in the greatness of this country so, that it may be preserved at all costs, for future generations, thank. You. I. Think. The politicians, are being beaten today. So. Mario give us a good few, words. But. I mean let me first. Let. Me first agree to what our fine senators, stated this. Community understands, freedom, what. It takes the. Loss of freedom and your, support. In. This hemisphere but particular, for the cause of our free Cuba and a free Venezuela is something, that we thank God every, day for no. Long number to. Mr.. President one of the things that I never thought I would see and I was getting frustrated is, finally. Moving the US Embassy, to Jerusalem, thank.
You. As. You saw mr. president this highly, is very special this is a hard-working, community, these. Are hardworking people these are folks that again. Most. Of them came, from a place where freedom does, not exist they. Work hard and, they. Understand. That, when. The, federal government takes. Their, money, again. It's their money, and. Kind of does, some things that are not very productive they. Understand that's not the way to do it and you. Heard it here today. This. Bill has. Made it possible, for. Hard-working. Men and women in places, like this like Hialeah, to, keep more of their hard-earned money. And for, that obviously we're all grateful but. You. Know folks know me as an appropriator, but I'm also on the Budget Committee and if you look at where we were folks, look. At where we were CBO. Had the forecast for. The next foreseeable future, ten years of less, than 2% growth that's. Where we were headed that, was the new normal, and I think a lot of people may have kind of given up but. Look. What happens when you. Cut regulation. The lower taxes, you'll free up the American, people good, things happen so we're very grateful and no place in. The country is, more emblematic of the hard work of the American people the Entrepreneurship, that here in Hialeah welcome to our young. Max. Mentioned, something that nobody, thought they'd ever seen that's when your expensing, the. Expensing. Of, equipment. And other things that you're gonna be investing, in where you can write it off in one year nobody thought they'd ever see that and that's, had a huge impact I think that's even bigger than the trillions, of dollars that he come back from foreign. Lands because as you know the money was locked out there under the old laws you could never bring it back in it was impossible, almost and the, taxes were too high if they did bring it in was a very complicated thing.
To Do but if they did bring it in the taxes were so high it made no sense so, we. Have trillions. Of dollars coming back into our country but I believe that expensing, a very simple, clause. That we got in Marco wasn't easy but I think the one year expensing, could have a bigger impact than almost, anything else in the bill so thank, you very much I appreciate it yes, sir go ahead please. Thank, you for inviting me. Like, Max my. Name is Guillermo Otto set off like Max hey. I came to United States in 1960. From Cuba also, without, my parents. The. Uncles that I came here to this were, they. Was they were in the caps in, the human invasion so, I was here by myself with my brother at that time which. Is a story, that, is very common. To. All the people, here, you'll. Find that most Cubans have a story, and, one. Thing that you mentioned and. When you were describing it was were motivated, and we're passionate about the, things that we do and, Continental. National Bank, which. I'm the president of was established, in 1974. It. Was the first cute American Bank in the United States, National, Bank, I joined. Continental. In 1976. So I've been there first time, how. Your, your. Expats. Have. Impacted. My institution I can tell you that and. As a. Regular. Says evolution. They can want. We. Look at the autonomy, to plan our future last. Year was a very. Strong. Most. Banks, not. Grow 20 percent with who are assets, by 20 percent because thanks, to the economy I can, tell you that we're ahead of the pace. One. Of the things about employment. Before. You, can hire anybody that. You want it because there were so many bankers at work, not. Anymore, now. We compete, against each other we have a group of bankers here we're stealing from each other and you better pay top dollar in, order to get that that. I. Really. Necessary. Individual, for your purposes, to work, with I want. To pursue and, our loan revenues. Are over, the top from last, year at this point in time I want. To personally thank you. So the actions that you're taking, in. The world and, your. Thank. You. Thank. You. Mr.. President thank you for for, doing this here in the city of Hialeah this is a very. Meaningful place. For a lot of us Jose, Maya owner of Biscayne Bay Brewing Company, we have a craft brewery actually based in Doral but, I actually grew up five blocks from here in an apartment building just down the street I attend. A middle school next door at Jose Marti middle school and I played on these cords of these fields, and in so many parts in the city of Hialeah I'm a proud product as a single highly of parks and recreation system. Mother. Marlene and my father Nicholas Millea both, immigrants, from Ecuador in Cuba and for, me to be sitting here with you today living. On my dream as a small business owner surrounded, with so many amazing leaders and other successful business owners is, a testament, to why this really is the greatest country in the history of the world so thank you so much for. Just. An amazing, benefit to the craft beer community it included, a 50%. Reduction in the excise tax on our. Beer which has helped all of us small craft brewers were all small manufacturing, businesses that are growing reinvest.
In Our businesses, Biscayne, Bay Brewing Company has been able to buy additional, equipment, about a hundred thousand dollars and equipment, also. Because of other benefits, in the tax package that, have allowed us to increase our production by 40 percent that has, led already to two jobs being created and, potentially another four before the end of the year and that's just one brewery we have 6,000 craft breweries across the country so the economic impact of this is tremendous, then when you look at how, that impacts, American farmers, who, sell grain to craft brewers American, hop Brewers that, sell hops and even companies like all-american container, I saw Tomatoes here in the audience today we buy our bottles, from them and they are an amazing success story in and of themselves so the impact, of these, laws. And your policies, have, just been tremendously, compounding, I think it's important to continue to fight for those. Issues I think all of you leaders that are here that fought, the fight in Congress and and also you, yourself who who went around and sold, this important. Package continue, to fight it let's find a way to make some of these permanent in our case the excise tax cut, sunsets. In a couple of years and it's critical that we just continue to fight for this continue to fight for econ. MacCready and like everyone mentioned the opportunities, that we have in this great country that so many of us don't, our, parents didn't have in theirs it's, why you, know so many of you continue, to lead and it's important that we continue to do this and we're here to support you I know Hialeah will always be behind you but, all of us in the, business community are incredibly grateful so thank you. I. Really. Appreciate the, support that, we've had from Haile and from Florida state, of Florida I was. Remember. That famous evening, Donald. Trump has won this, state of, Florida. That. Was a long evening for them they had a lot of we had a lot of great success, and. I think most importantly. Somebody. Actually not even a friend. Of mine said that, President. Trump has actually, produced more. Than he's promised, and I think if you look at what's happening, with the economy with the regulations. With the taxes, that most people said would never ever be able to happen you know they used to call it tax, reform, and that's, why first almost 40 years they couldn't get anything passed because they used the word tax reform, so I met with the politicians, and you, know I've only been doing this for like two and a half years so I said what's. The problem how can you not get tax. Cuts they. Said well we don't call it tax cuts we call it tax reform, I said that's your problem, tax reform does it work because. We, do have tax reform but people don't understand, that you know what we're doing is cutting taxes, we're also reforming. But that could be an increase in taxes, we're cutting taxes, so, we go the tax cut and jobs. Plan now I wanted to call it they asked me what, would you like to call it I said how, about this. Is after the word reform how about the tax, cut, cut cut cut plan. And. They, thought it was a little tacky I said.
But It gets the point across but. We did go at the tax cut plan so, it, was, very big I just want to. We. Lose, a tremendous. Number of jobs and, money with. Almost every, country, we, do business with and. In many cases our friends are worse than our enemies in. Terms of trade deals they're, being renegotiated. We're. Straightening, them out if, we don't straighten em out we're going to terminate them and we'll start all over again. But. Our country, has been taken advantage of, for many many. Years, whether. It's China whether it's Mexico, whether it's I, could name I could name almost every country, the. European, Union as an example it's very hard to do business we lost a hundred and fifty 1 billion. Dollars. With the European, Union last, one hundred and fifty 1 billion dollars, it's very hard for us to get our products, in but they send their cars, in like Mercedes, like, BMW. Would like lots of other things and, we're. Straightening, that out we're not gonna let it go on any longer we can't let it go on any longer so you'll be able to set your product in. Japan. And, South Korea are, so many countries just and it's its massive, numbers I mean. Mexico, nobody knows this we. Lost last year, in terms of a trade deficit. 100. Billion. Dollars. With Mexico, we. Can't keep doing this folks and we're not going to so we're renegotiating NAFTA, which, was probably the worst deal, ever made in the history of trade. But. With China, we're. At, 375. Billion, dollar trade deficit, so. We started a process and, we'll see how it ends up but, we're, gonna win you. Know I always said we, had an imbalance, of five hundred and four billion dollars, and I, always said when you're down five hundred and four billion dollars, you can't lose okay. We lost years ago by presidents. And others allowing, this to happen they should have never allowed it to happen, but, we're gonna bring it back and we're bringing it back strim it's already happening people see it it's already happening, so, I just want to thank all of the people of Florida all of the people of Hialeah you are spectacular people. Hard-working. People I love you. And we will go on two things. I think that maybe, our. Economy, in our country have really never seen before we have such tremendous potential. Because. Of people like you thank you all very much for being here tonight.