President Trump Talks Tax Reform Plans At Indiana State Fairgrounds

INDIANAPOLIS, IN —President Trump delivered his anticipated speech on his tax reform plans Wednesday afternoon at the Indianapolis State Fairgrounds. Patch provided a live stream of the President's speech, which began just after 3:30 p.m. President Trump began his nearly 45-minute speech by announcing what he called "historic tax relief" to Americans, and a "once in a generation opportunity."

The framework to the proposal, according to President Trump's speech, includes:

• Cutting corporate and business tax rates to increase job opportunities and higher paychecks
• A simpler, fair tax code
• Bring back American jobs
• Focusing on middle-class families and workers
• Negotiating trade deals, including NAFTA

President Trump praised the Hoosier state, saying Indiana has played a powerful, competitive edge built on low taxes and regulation.

(For more information on this and other neighborhood stories, subscribe to Indianapolis Patch to receive daily newsletters and breaking news alerts and LIKE Indianapolis Patch on Facebook).

"It's time for Washington to learn from the state of Indiana," Trump said.

Trump also took time to mention unemployment rates, saying America's is at a 16-year low. He also sent his thoughts to people in the Virgin Islands and Puerto Rico.

And although the President stayed mum when it came to the media and other recent controversial topics, he did call out Indiana's Democratic Senator Joe Donnelly with a grin, saying there would be a "campaign against him in 2018" if Senator Donnelly voted against this tax plan.

Donnelly recently visited Trump at The White House and after traveling with him today, released the following statement:

"I work for Hoosiers, not President Trump or any political party. As it stands, the framework released today (for tax reform) is missing many details that will be critical to determining whether working- and middle-class families truly stand to benefit. These Hoosiers will be foremost in my mind as I continue to engage with my colleagues in the Senate and also with the White House to try to craft a tax reform bill that will provide greater economic security to these families and also create and protect jobs here in Indiana."

On Wednesday, the White House Patch reported multiple media organizations obtained copies of the Republicans' tax proposal ahead of its release.

Photo by Joshua Lott/Getty Images