President Trump Roundtable on Tax Reform CSPAN April 5, 2018 2:21pm-3:34pm EDT
long commute for me, but i went on a cold saturday, and stephanie hansen had 300 people packed into her headquarters, ready to go knock on doors. the outcome will determine their state senate in delaware went republican or democratic, the margin was that close. have been held by a democrat before stephanie, by just four points. by 4, 8, or 12, she won by 16 points. [applause] hey guys.
mount for a lifetime, he is a friend of my boys, and he is doing a great job as governor. appreciated. where on television talking about it. [laughter] definitely: he is the biggest governor too. it is wonderful to be back in west virginia, it was a wonderful place for election for me. was not even close. [applause] happenedthings have with your coal and other things you are doing in west virginia, and they all happened for a positive. you are one of the most and isful in the nation, cannot say that during the election before we got elected. was not doing so well, but we got it going. i am proud of it because you are very special people, that i can
tell you. [applause] i want to thank jim and attorney general patrick morrissey, and senator sherry. god bless you. congressman jenkins, alex mooney, david mckinley, they are all here. [applause] pres. trump: thank you very much. now once again we see america is open for business. the numbers are fantastic. the results are really incredible. we are being talked about all over the world. one of the big things is tax cuts. these to
collect tax reform, and for 40 years they couldn't pass anything and he didn't know why. how is it hard to pass tax cuts? it turns out it was not that hard, it was not easy -- but we
changed the name. being a person has been doing this for 2.5 years, i said, don't use the word reform. use the word tax cut. we talk about reform it could mean taxes go up, and they went down a lot. the republican politicians, because democrats have a problem. if you look at your senator, he voted against. it was bad. i thought would be helpful because he talks, he grabs me, i grabbed him, we say hello -- but he votes against everything and he voted against tax cuts. he also voted against medical help and health care. and that is bad. we can't have it. it is one of those things. and he does other things i don't
like, i will be honest with you. [laughter] [applause] you are going to have a chance to get a senator was want to vote for our program that is going to help you in so many different ways. you're not getting that help right now. we didn't get one democrat forth for tax cuts. when you think about it, it was more than tax cuts. we got rid of the individual mandate, and the individual mandate was a disaster in the most popular aspect of obamacare. is where you have the privilege of paying a lot of money in order to not have to pay for health care. that is not too good. we got it out in our tax cut plan. also got energy, big energy. i am into the world of energy, as you know. nobody does it better than you folks, so it is important to me.
to have ang discussion
on how to get the country moving even more so. you saw that for many years, no president wanted to go against china, economically. we are going to do it. almosta trade deficit of $500 billion last year with china. for thereat respect president of china, president xi is a friend of mine, and i am a friend of his and i like him a lot. but he is representing china and i'm represented united states of america, and it is time we did something. jimoke with jim coming him, is a great businessman, and he said, you are right. we can continue to allow this to happen. we are hundreds of billions of dollars is taken out of our country and system. if they make a car and sell it here, it is 2.5% tax.
if we make a car and tried to take it to china, number one, they won't take it. but if they did, it is 25% tax. they paid 2.5, we pay 25,
they don't even want to take it. that doesn't sound so good. that does not sound good. it is all like that. intellectual property and a lot of people do not understand what that means. it does not matter if you understand or not, you understand the concept of being taken advantage of and we cannot be taken advantage of any longer. we are at a point where we had to do this. our economy is strong, our jobs are great. we will have numbers on friday that will hopefully be fantastic numbers. companies are doing well. you have to go after the people who are not treating you write. in many respects, i think we will have a fantastic relationship with china. we have to get this strained doubt and have balance.
that goes for other countries and other places. the european union is solidly against us in trade. you know about the european union? it is like we cannot do business. they take our product. we cannot let that happen. [applause] nafta working hard on with mexico and canada. we will have something soon. , we are makinge a trip to peru representing all of south america and it will be interesting. they say let's hit nafta before. i say there is no rush. we will get it done right or we will terminate. if we do not have it done right we will terminate.
when i was running i said we will terminate nafta or we will renegotiate it. mexico has been pretty good. they were very good to us yesterday because they had the caravan of thousands of people coming from honduras. thousands of people. we have very weak laws because of the democrats. and joe. joe manchin has not helped us. we had weak laws. we have the worst laws. catch and release, which we are terminating quickly, we are doing it in pieces. [applause] it is unbelievable. where if theytry step one foot, not two feet, if one foot hits our country we have to take those people, gently register them, and then release them. we are going to release them in a short period of time. then they're supposed to come
back for a court case. we hire more judges. we are to hire thousands of judges. no other country in the world does this. we hire judges so these people will come back. land, we release them, they go into our country. they are supposed to come back within two or three years for a court case. nobody ever comes back. it is
bad enough to say come back in three years but nobody comes back anyway. this is our country. land, have a baby on our congratulations, that baby is united states citizen. we are the only ones. mexico has tough policies. they can do whatever they want, which is the way it should be, to be honest. you are violating something sacred, you are violating a border. canada is very very tough and canada is very merit-based. if you coming to canada that you have to be based on merit.
with us it is a lottery system. you can imagine what those people -- what those countries put into the system. they are not putting their good ones. remember my opening remarks, everybody said he was so tough. anded the word rape yesterday it came out where this journey coming up, women are raped at levels nobody is ever seen before. they do not
want to mention that. we have to change our laws and the democrats are -- it is insanity. nobody understands what is going on. we have to have strong borders. we have started building the wall and fixing miles and miles of wall that is already up and fence. we will have our wall and we will get it strongly. the military is going to be building some of it. we will have strong borders and we have to change our laws and we are working on doing that. if you look in california and
see what is happening, it is an incredible phenomenon because sanctuary cities -- it is the worst. it is the city to protect a lot of people who are bad people. really bad. you look
at some and he things that have happened in our country and they are protected. how about the mayor of oakland where she tells a thousand people to get going, law enforcement is coming to get you. this is all plant and many of them scattered. it was pre-much a failure. to me that is obstruction of justice. something should happen there. it has not and i do not know why it has not. we are toughening up at the border. we will be in great shape over the next 12 months. we will have a lot of things happening. we cannot let people enter our country. we have no idea who they are, what they do, where they came from, we have no idea what the
records are, we do not know if they are murderers, if they are killers, if their ms-13. towns and longto island where we have taken ms-13 and we have liberated towns. this is our country. , writeup in long island short of long island. and these are great towns. i know every one of them. thugs.re taken over by they did not want to use guns, the use knives because it is more painful, where they cut people up because a bullet is too quick. they want to inflict pain on students and young women and young girls walking home and their parents never see them again. they are cut up. this is the kind of stuff and krapp we are allowing in our country. we cannot do it anymore. [applause]
you have to see scenes of ice people, they are fantastic and they are tough. that is the only thing these thugs understand. they don't understand he is wonderful, he studies hard, they only want top. and these ice guys are so much tougher than them. they are grabbing them by the next and throwing them into the paddy wagons people are clapping and screaming, there town has been liberated. your town or city or your country has been liberated. they are clapping because even the law enforcement, we have taken out, we are moving hundreds and hundreds, you saw two days ago we caught a hundred one of these ms 13 thugs. other gangs come in, we do not know the names.
seems to be emblematic of evil and we are getting them out by the hundreds. they can come back in. it is tougher, but they can come back in. we are working out systems now. we called out the national guard. we are doing a real job. the laws of this country have to be strengthened and toughened up. -- thatt that catch means you catch them --
and i you release them. that is what it is called, catch and release. chain migration, think of that. you come in and you can bring your family. you can bring your mother and your father and your grandmother, your this. on the west side highway, which i know very well, in manhattan. he ran over, he killed about eight people and they never mention the 12 people that have
been horribly injured. these are not people that have been a little bit hurt. they are destroyed for life. nobody ever says 12 people were absolutely destroyed. run because heto wants to keep himself in shape and he ends up going home with no legs, no arms, and all he wanted to do is run along the hudson river. this guy comes in and he makes a right turn where everyone runs. he is on the highway going 50 or miles perre our -- 60 hour, he killed eight people, injured seven or eight people. he came in through chain vibration -- chain migration or the lottery.
he brought 22 people with him. ,his guy, because he is here
now can get the mother and the father and the father in the grandmother in the cousins and andsisters and the aunts the uncles. this is what the democrats are doing to you. they like it because they think you're going to vote democrat. they are doing it for that reason. [applause] they are doing it for that reason. and other reasons. they are doing it for that reason. they are not going to be voting with us for the most part. a lot of them are not going to be
voting. a lot of times it does not matter because in a lot of places, like california, the same places votes many times. you probably heard about that. they like to say that is a conspiracy theory. it is not. millions and millions of people, and the state guards their records. we have a lot of things going on and a lot of things are being straightened out.
i want to congratulate the state of west virginia because i am so proud of you. you were with me from day one. [applause] there was never like, oh maybe it will be close. remember at that beautiful arena -- where was the arena? and probably held 7000 people and we had 25,000 people that cannot get in. >> charleston.
pres. trump: i said you mind if i do not come back because i want to focus on places where it will be close. worry, don't don't come back. we won here by 42 points. >> it is getting remodeled. pres. trump: it is getting remodeled and we will be back. polls,palls -- i saw the and i said you think it will be ok if i went to pennsylvania, where we won, and wisconsin and michigan, where it was close. i appreciate west virginia and your numbers are incredible and percentagewise you're
among the greatest gainers in this country and i think it is great. you have done great and we are working on clean coal, clean beautiful coal and the miners
we do have an incredible story to tell. i'm going to go off script because when people ask me, what is something about president trump that i do not know that i , iht be interested to hear always say that president trump is an incredible listener. in any meeting i have ever been in with you, you have always listen to whoever is speaking and taken it in and assimilate it and then move forward in a policy sense. i appreciate that. you are such a good listener and you will hear good stories today. i want to remind you and everybody here, i was one of your earliest and staunchest supporters for the tax cut bill. [applause] it is also no secret in west virginia we have had tough times. of renewal andse great optimism because of the policies you brought forward and
that congress has been able to help you with. stories share your initiative and i will just briefly say, i asked people to share their stories about the tax cuts and the influence it has had. i was at a holiday inn express and i learned the desk work had just gotten her first paycheck from the new schedule. she got an extra $50 on her paycheck. she came in the next morning and told the manager, schiller bright smile on her face. he says how come you are in such a good mood? she says with that $50 i was able to purchase high speed internet for my house so my daughter could do her homework. that is an impact on that person and her daughter. the second incidents is a gentleman from huntington who just got a thousand dollar raise with his company and he said it is amazing he has been able to save some and with energy costs going up and traveling, he is able to use that to enjoy more
things with his family. he says thank you, i say
thank you, and i look forward to hearing the stories today. pres. trump: this will be the last time, april, will be the last time you will go to that big old-fashioned tax form. next april, you will, in many cases, one page, it will be very different. [applause] not only will you say a lot of money, because it is a lot of money for a lot of people, not to even mention the companies where they are employing because they have all of this incentive. apple is going to spend $350 billion building plants in our country instead of the different places they have. you will have a nice simple form next year. this will be the last year -- take pictures of it and enjoy it. this is the last year you will have to file a complex and big tax form. it will be much easier starting next april.
jim? >> let me just say two or three things. this man is a friend of mine. his family has been a friend for a long time. i can share with you just this. that hasas done impacted our state does far has changed our state in so many ways it is unbelievable. ran on tired of being 50th and we are finally first in all kinds of things. to of us have a gratitude pay to this man and his guts to stand up. like a lot of west virginians do. to change our country. he surely did god did not have to do this. this man stepped forward for all of us. let me just say this quickly.
the thing i know about him that you may not is he really cares. cares about west virginia, about you, and about this country. let me end with this. the last time he was here i was in a limousine with him and i said, mr. president, the ladies down at parties this morning when i was going through were out of their minds. they said can you please tell him we set a low and we love him and everything else. he looked at me and he said, you like parties -- you like hardees ? he said, i like mcdonald's. then i asked him if he could sign something to give to those ladies. they looked all through the limo
and finally he pulled out his wrote,and he said, he bigdee's gals, take care of jim, a great guy and a great friend. donald j. trump." that is what kind of man we have in this office. i love him with all of my heart and i will support him. he is a great man. give him a giant round of applause. [applause] pres. trump: thank you very much. that is really nice, jim. jim.ns go hunting with
they love to hunt. thank you very much for that. two smart andask good representatives of you folks to say a few words. i will start with evan, who will be running and has a fairly close races i understand. we will know the outcome. when is the actual race? >> may 8. pres. trump: go out and vote. you are up. >> welcome to the third congressional district. it is an honor to have you and as shelley references the fourth time in the third congressional district. thank you very much. shelley says people often ask her what is something you do not know about the president? let me suggest something everybody in this room and every west virginian nose, and that is
that you are a man keeping your promises. [applause] i was a proud early supporter of your candidacy. thank you. you made a promise to the people of west virginia to end the war a call and you referenced campaign, river your opponent said she would put a lot of coal miners out of work. pres. trump: until she got here. that did not work. [applause] that was not a good day. the roundtable. to end the a promise war on call and you have kept that promise. thank you on behalf of the great people of west virginia. you also said we are going to cut taxes and you did that. shelley referenced facts and figures, let me give you an example.
not a lot of people know it, but for the average west virginian, it is $1966 more in their pocket because of your tax cuts. thank you on behalf of the people of west virginia. [applause] pres. trump: thank you. >> here is something just as powerful. the average mortgage in west virginia is $600. $1900 and $600 into you find that thanks to president trump, president trump paid the mortgage payment for three months of the average west virginia and -- west virginian. you want to talk about making a difference, you have done that. you have kept your promise. i was talking to the president and i said in west virginia you have the highest approval rating of any state in the nation because to west virginians
understand that your policies are working. youended the war on coal, signed the legislation that saved one third of all the coal mining jobs in america. on behalf of the people of west virginia, thanks for keeping your promise. you are welcome to come back anytime. [applause] that is beautiful. thank you. it is my honor. patrick? >> mr. president, welcome once again to wild and wonderful west virginia. it is my pleasure to be with you at this roundtable today because your policies have made an incredible difference in our state. put this in perspective. the previous four years, as the attorney general of west virginia, i probably had to file a lawsuit every day against the obama administration.
thank goodness we now have an administration to work closely with who is committed to regulatory reform, tax relief, and helping our state out. we had the bullseye out until you got here, so thank you for that. now when the president comes to your state for the fourth time, you know that he cares. he has incredible commitment to the people of west virginia. the reason i'm so excited about president trump is because on the key issues that matter to our state, your policies are correct. regulatory reform -- this is where you have made an incredible amount of progress. suedclean power plant, i obama and took him to the supreme court and i won, but it was still pending in the courts. you came in and we walked into the white house and it was much easier dealing with the trump administration that it ever was
under barack obama. that is an awesome thing for west virginia. [applause] issue.ssue after your regulation, an executive order you put out, i defended your administration. we knocked it out of the d.c. court because president trump understands we have to reduce the size and scope of the administrative state. he is committed to doing that with his appointments to the cabinet, with his judicial picks, that is what gets me so excited about it. he is also focusing on the opioid epidemic with a laser beam. i have to tell you, that is our number one challenge in west virginia. we have incredible amounts of senseless death in our state. over the last six months, we have been working with your dea and others because we are changing the failed drug quota systems that has put millions of pills into our state.
years of me being stonewalled by obama, the trump administration is delivering. that is a great thing for the citizens of our state and i want to thank you for that. speaking of opioids, because you are one of the top states in the nation in terms of the opioid problem, we just had $6 billion approved to fight opioid, to take care people, to wean them off. that came with the tax cut bill also. the 6 billion came with the recent bill, the omnibus. we had $6 billion approved toward the opioid crisis. it is something i'm very happy we are able to have the funding. now we have to start the work. it is not an easy situation. whatever you call it, it starts
and you get hooked so fast. law's a friend to goes to goal, he had a bad arm and he is like a drug addict. these are painkillers were you going to a hospital and you come out and you are a drug addict. then we have the more normalized drug problem, and a lot of that comes through the southern border and that is one of the other reasons we are being strong with the national guard and with the wall. [applause] we will get it done. it is not like we have a choice. we have to get it stopped. and you toward the end can talk a little bit and tell us about what is going on. go ahead. >> good afternoon, mr. president. i'm a rural mail calendar -- mail carrier in west virginia.
i have my wife with me and my two sons. [applause] pres. trump: great-looking. >> we are here to thank you for signing the tax cuts and job act of 2017. because of this act, my family $2417.n able to save i want to tell you how we used it. my wife and i have a modest kitchen, we wanted to update the countertops. last fall we were talking about it, we said let's wait and see what happens with the tax plan. the tax plan went through, the new year came around, the economy is rolling. taxelt that because of the plan, confident as consumers and we said now is the time. we will take what we have, we will update our home. that is one way. the other way -- you just spoke
about the opioid epidemic. the part of west virginia i'm from, over near charleston in huntington, one of the most effective ways we deal with the opioid epidemic is through our faith-based initiatives. because i'm getting a little bit of extra money in my paycheck and my wife as well, we are able to give a little bit more to our churches, to ministries, and we use these ministries to fight this epidemic. ministering to people, we are seeing them set free and when they are set free and released from the bondage of their addiction, they are becoming productive members of society, they are getting jobs, they are restoring families, they are finding self worth and dignity because of the work that our organizations are doing. we are able to get in to that. there are two ways that of directly affected our family. do you want to say anything?
>> i just want to say thank you. i said i was not going to cry. i just want to say thank you to you for the tax cuts. this is a big deal for our family. i think half of this audience is our family. we really support you and this is a big deal because tax cuts are a big deal. thank you for listening to us and fighting for us. thank you for caring enough to allow us the opportunity to come and tell thank you to your face, my boys. my little 10-year-old wants to be president one day. pres. trump: it will happen. [applause] that is fantastic. that is a beautiful family. >> thank you for the opportunity. pres. trump: thank you for a much. so beautiful. great family. take good care of them.
[applause] please. mr. president, thank you for the invitation. i appreciate it. it is an honor to meet you. i am proud to participate in this event. i'm the president of citizens bank of west virginia. lkins where citizens is headquartered. bank, a small community we have five branches in the state and we have operated out of elkins for four years. our staff is the heart and soul of what makes citizens successful as a small community bank. because of the tax cuts and the tax cuts and jobs act, we were able to give every one of our 66 employees an additional $1000 over and above their normal annual raises. [applause]
that thousand dollar bonus, we talked to several the staff members and they told us several stories and i are brought with me a staff member i will let speak with you in just a moment. in addition to the bonuses, citizens operates in rural appalachia and we know well that small organizations like us help support local communities and charities. citizens bank, with the savings from the tax reform, we have committed to increasing our philanthropy and we have made a couple significant contributions for local nonprofit hospitals as well as the local liberal arts colleges in our town as well as other small things. i think that the tax plan has given citizens the opportunity to invest more money in folks who deserve more, but also invest in our local communities and the nonprofits who serve
those areas. i brought with me and needed jones, she is with us and one of the recipients of the thousand dollar bonus and i would like to let her tell a little bit about her story. pres. trump: thank you. mr. president, i am honored to be here to meet you. jones. is anitia i am from elkins and i worked at citizens bank of west virginia. i am originally from indonesia. 2006 and ied in moved to west virginia in 2007. in 2013 i became a u.s. citizen. [applause] >> this country has given me a
lot of opportunities to know well in 70 things i do. many things i do. i live in beautiful west virginia. i lost my family home but i gained more here, i found them in my workplace, i found them in college, and i found them in my communities. 2009 and inllege in 2010 i had my internship at the bank. myself i started working up to the position i am today. , 2018, i have a wonderful surprise from the bank. we all do.
we have $1000 bonus each. for me it is such a blessing. tom going to use that money have a trip for me to go home to my home country to visit my parents and my dad has not been well. i have not been home since 2009. i am going to bring my son daniel to go home with me, because he forgot everything about where he came from and it is important for him to do so. i am thankful for the and i amty you gave me very honored. nice.trump: that is so thank you and have a good trip. i know indonesia very well. great people. great representatives i've got
to know very well in indonesia. have a great trip. your bank, maybe from the standpoint of lending, we have done something important. we have made it important -- we have made it easier to lend to people who before you were not able to lend to because of rules and regulations and you are lending to people you do not even want to land and the people you wanted to, it was all messed up with the rules and regulations. i am sure you find a big difference but we are also working on dodd-frank right now so the smaller institutions from areas like right here, or you have some incredible people that want to borrow money, they could never borrow money to start a business or anything else, you were able to do that. you see a big difference right now and the lending climate and waslevel of anger at banks enormous. it was horrible what was going on.
there's a command is difference right now. do you see that as a banker? >> a significant difference. community banking is significantly different than wall street banking. they are important to small towns like elkins and places like west virginia. step trump: we are going a further and it should be done fairly quickly. we actually getting bipartisan support. does anybody believe that? maybe joe will not but most people well. -- most people will. [laughter] pres. trump: thank you, that is a great story. presidentternoon, mr. . welcome back to west virginia. at the principal engineer service pumps and supply in huntington, west virginia. we primarily serve the coal industry. this is my wife michelle. >> we have our two children here
with us today. [applause] both of our children attend st. joseph's catholic school which is a private school. >> we opened a 529 account. previously these accounts can only be used to spend on college education. with the changes to the tax law we can now spend it on our kids k-12 education. it is a great benefit to us. we know a lot of the families who are taking advantage of it as well. change to thethe tax law that allows us to save and invest in those accounts and spending on the kids education. additionally, at service pump where i work, everyone at the company received a raise as a result of the tax plan. we made sure everyone knew the reason they got raises was because of the new tax laws.
we appreciate that. on a side note, we had an impromptu spring break trip to washington, d.c. last few days. were both marshall out of the basketball tournament, so my plans opened up. we explored washington, d.c., and explore the things to do their. my son was disappointed we cannot walk up to the white house and ask for you, but we appreciate that you are here and all you have done for us to virginia -- all you have done for west virginia. so my little guy gets a chance to say hello. pres. trump: hello. thank you. [applause] please. >> thank you mr. president. i am the chairman and ceo of a company called worldwide equipment. we have 48 rooftops in six states. old andany is 50 years
partly because of your administration we were able to bring all three employees that have been with us over 50 years and celebrate the rooms down at the green briar last night. we employ about 225 people in west virginia and f6 rooftops here. -- and have six rooftops here. , because of the tax cut and your administration and the changes you have made in the energy business, we were able to give every employee a $300 bonus. ,e could give more rapid raises we have broken ground on two new facilities. yesterday we just announced the acquisition of another location. this country moves on trucks. 84% of all freight moves on trucks.
with the technology we have air going out of the truck is cleaner than the air going into it. i can to you how good the total country is in business that has changed since you have been in office. the trucking industry is sold out for this entire year and they are scheduling for the first quarter. your tax cuts have made a difference and i can tell you our people know your tax cuts have made a difference. to them whenmbs they can pay their car payments and invest in their children's future. it is extremely important that the money stays in turns over into the community. you are a businessman, you know that. i thank you very much for the things you have done, for the things you've made possible by being in office. i prayed to god you stay focused and get it done as it needs to be. you have done a great job.
pres. trump: thank you very much. [applause] i would like to introduce our hr person. >> hello, mr. president. i just want to say that because of your tax cuts, our employees were able to enjoy bonuses this year. most of our businesses are located throughout the coal fields and you were talking about the war on coal. i know as an hr director and as a business person, but i am married to a very proud coal m iner. personally, i know what the war on coal did to our area. our employees, who throughout the previous administration's war on coal, worldwide equipment held the line. we had zero layoffs throughout
that time. , that only reinforces to our employees how dedicated we were to them. when we were able to give the bonuses, we had employees who came at a time where people were looking to travel, they are wanting to be with families, it was over the christmas holiday when we gave the bonuses. who may haveees been able to travel see families. we had an employee who wrote a thank you letter, he actually used the money to spend time with his father who was dying during that time. otherwise he would not have had the means to have done that. spent theloyees who bonuses on things such as car people think that where's the money going to come from, and we were able to give them a cushion. , the your administration
hard-working people of our company feel like they have been able to take a deep wrath and relax a little bit and enjoy some of the extras that we are able to provide because of you and your administration. i just want to say thank you on behalf of worldwide equipment and all of your employees. pres. trump: thank you so much. [applause] we talk about the trucking industry. it is true they are doing well and building a lot of trucks and we want those trucks to be built here in the united states. right? a lot of them are. that is great. a great story. topresident trump, i want thank you for this opportunity to address you. i want to thank god for this opportunity as well. i am not a political person by any means.
i do not pay a lot of attention. i am a simple man. i'm a father, i'm a worker, i'm a husband and that is what i focus on. .y daughter is in the audience we have two young sons. [applause] >> they were not able to come today. i work for them. we are christians, we served at our church. our pastor is with us today in the audience. i know he is a big supporter. he?. trump: where is >> he is up there, waving. [applause] >> i work for leslie equipment, a john deere dealership.
cat year you were at a company talking about how you will rebuild the american infrastructure. that is a blessing to hear for our company. my job as a parts manager is to make sure our dealership has the parts to keep the machine system and take care of that infrastructure. we also -- the coal fields or big around our area. my wife and i are committee for a car show in the area that benefits a lot of local charities, the biggest one being hospice of southern west virginia. it is great to be able to see you supporting the industries that supports those charities and that event. the reason we are here, our family was blessed by the tax
cuts. i'm am going to introduce my wife, elizabeth. she can tell you exactly how that has been a blessing to our family. >> thank you for being here, thank you for letting us be here. averaging savings over $3500. it is amazing. has joined to the archery team for her school. we get to travel with her now and watch her shoot archery all of the state of west virginia, which is awesome. some issuese have and we have to travel about three hours one way to the hospital. instead of driving down and back, now we can stay overnight instead of making the trip in one day. that is amazing. pres. trump: that is great. that is beautiful.
[applause] and you are doing well? >> i have surgery again in june but i will be ok. pres. trump: you're doing well. that is good. thank you. >> president trump. it is an honor to have the opportunity to speak with you today. i want to thank you again for coming back to west virginia. i know it means a great deal to all of our citizens that you are here. thank you. i am the president and ceo of davis trust company. million community bank in elkins, west virginia. we have been in business for 117 years. we have 45 full-time employees. we are members of the community
bankers of west virginia which is a state affiliate of the i cba. last year some of our members got the opportunity to visit with you in the rose garden. we presented you with one of our red hats, which obviously is a play off of your red hat made famous during the campaign with make america great again. [applause] >> obviously, our red hat is not as famous as yours. our slogan -- make community bank straight again -- certainly goes hand in hand with what you are working to accomplish in america. thank you. act signed and jobs by you into law before christmas is a prime example of what you are doing to provide the tools
to help business turn things around in our country and you are turning things around. on the business side, by reducing the corporate tax rate from 34% to 21%, right out of the gate it helps make us more competitive and improves our bottom line, which in turn enables us to invest more into our community. more smallg, business lending, more consumer lending and investment in the community. we are also located in elkins, west virginia. we are a supporter of our community and able to do more. the local college, the local united way, they look to the community banks and to davis trust company. he took -- because of the tax cut in jobs act, we are able to do more. in this case, our board, with the benefits we are seeing, we were able to give an across-the-board 3% pay increase
coupled with a 2% cost-of-living increase. i can assure everyone listening, this was much more than just crumbs. it makes a tremendous difference. [applause] i urge you to stay the course. stay the course. it is not easy. what you have done for our country, you are helping to turn things around in a big way. now, to give you an idea of what the tax cuts and jobs act means to one of our employees, it is my pleasure to introduce one of our recently promoted assistant head teller to explain just what the benefits of the base pay increase means to her. thank you for being here. pres. trump: thank you very much. [applause] >> i am so fortunate to work for a company willing to share their savings from the tax plan with their employees.
the employees of davis trust company did not receive a one-time only bonus, but an increase to our wages. this means more money in our paychecks now and in the future. i am already using my extra money to spoil my grandsons a little bit more. . have two grandsons the youngest wanted a guitar for his birthday and grandma came through. use getting a guitar tomorrow. [applause] >> his brother, ethan, plays the banjo but has decided he wants to play the violin. i imagine i will be buying a violin in the future. i appreciate the opportunity to express my gratitude to my employer and to you, mr. president. thank you. pres. trump: thank you very
much. [applause] probablyhink you are at the white house when i saw a group of people over the regulation. they were being regulated out of business and we took care of that. a very nasty fashion, you would have been proud. we had a man that was a disaster . he was inflicting pain, wasn't he? these are great people. 100-year-old institutions that were not going to make it. we took care of that situation rapidly. it was a terrible thing that was happening to a lot of great institutions, smaller institutions, and other a thriving i would say. thank you very much. i'm glad to see you in happier times. [applause]
that pretty much wraps it up. we are very proud of the tax cut. a lot of people are being helped so much. there are semi-things in there that we do not talk about. when you are talking about trucking and all of the elements of investing you have to make and now you have one year expensing -- who would've thought that would be possible where you can write off your expenses in one year. i think it is going to be the greatest benefit in the entire bill. i think that could have the biggest benefit of the bill. tremendous amounts of money coming in, billions and billions of dollars being brought from offshore where big companies, small companies have money outside. trillion, apple said they were
bringing back billions and billions of dollars and it is coming back in a faster rate than we thought possible. it has been tremendous. can say on behalf of myself and republicans and the trump administration and all of the people that work so hard, it has been an honor. it has had a huge impact on our country and wait until you see the numbers. the numbers are starting to get released of companies and families and their spending habits and they are able to go out and buy things and hopefully we will start making more things in the united states. that will be great. when you see elements of your life that are very important made in different countries, i think we will start making things here again. that is very important when we renegotiate a lot of these deals. we are taking a lot of the incentive away to go elsewhere.
we want our people to make products that they are buying and we want to be proud of it again. we used have expressed -- made in the usa
we do not hear that anymore but we are starting to hear it a lot. factories moving from mexico and we are negotiating a deal with mexico, nafta, and i hope it works out. for our horrible deal country, and competently drawn, it was a shame it ever happened. it emptied out millions of jobs, thousands of factories and plans , they left and a lot are moving back. chrysler just announced their moving back into michigan, many other car companies are expanding. that has not happened for decades. it is my honor. we are enjoying it. we are fighting it. we have a lot of people out there who i do not think are good people. we have people who love this country more than anything and they see now it is on the right track and will get better and
better. you see a lot of positive changes. it has been great hearing your stories. your stories have been fantastic. you, andnt to thank shelley, and patrick, and evan, good luck. [laughter] good luck. should we do a little test? who is voting for patrick? [cheers] who is voting for evan? [cheers] it was fairly close. thanks everybody. we love you all. we will be back. thank you. ♪
>> facebook ceo mark zuckerberg will be on capitol hill next week for two hearings on a facebook handled users data. outsiders may have gotten information from as many as 87 facebook users. mr. zuckerberg will first appear at a rare joint meeting tuesday, april 10. c-span3 will have live coverage and then on wednesday, mr. zuckerberg will testify before the house, energy, and commerce committee. live coverage begins at 10:00 a.m. eastern on c-span3. c-span,kend on saturday, sunday at 9:30 p.m. c-span tv annual , youral black writings
professor, amy chua, and author of hillbilly elegy talk about their new book on tribalism in america. on american history tv saturday 10:00 a.m. eastern. lincoln's war secretary talked weekend on the c-span's network. discussion with commissioner sweeney on facebook data privacy practices. after allegations that a data firm in the u.k. gained access to millions of facebook profiles, this should be getting underway shortly and you're watching live coverage here on c-span.
>> all right, folks, i think we will get started. great. good afternoon. i'm the director of the open technology institute in america which guarantees everyone has access to an internet that is open and secure. have you for joining us today. conversation, what should we do next? if you're not sure what i'm talking about, you might be in the wrong room.