Sept. 11– EXETER — Presidential hopeful Jeb Bush, campaigning in New Hampshire on his tax reform plan, challenged Republican front-runner Donald J. Trump’srecord on taxes.
“They have to get in line,” Bush, with a smile, said to reporters in Exeter on Thursday. “I think I’m still the No. 1 beneficiary of The Donald’s insults. But look, he is who he is. He likes to disparage people. Ultimately, look, as the front-runner, what’s his tax proposal? The last time he had one he called for the largest tax in world history — a tax on assets of 14 1/2 percent.”
Bush continued on, reflecting a potential line of attack in next week’s GOP presidential debate on CNN.
“He has to defend his record and he has to propose things and he has to be serious about it,” Bush said of Trump. “If he wants to be a serious candidate, he needs to act like a serious candidate.”
Bush on Wednesday proposed a Reform and Growth Act of 2017, which aims to simplify the tax code, lower taxes, eliminate loopholes, and help businesses compete globally by lowering the corporate tax rate.
It would also incentivize companies to expand and grow, said state Sen. Russell Prescott, R- Kingston, the owner of R.E. Prescott, a water supply systems company in Exeter, where Bush spoke. Prescott, who endorsed Bush earlier this year, said the plan would help his company, which seeks to construct a second building at the Exeter location.
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