H&R Block had a muted response Tuesday to Donald Trump’s declaration that his “dream” is to put the tax preparation company out of business with a simplified tax code.
Trump didn’t give details on how he would reform the nation’s tax system, except to say in a phone call aired on MSNBC’s “Morning Joe” Monday that one of his top priorities would be to simplify it.
“It is so complicated and so terrible,” Trump said of the tax code.
He told Joe Scarborough, the show’s host, that he wants to make the tax laws simple enough that Americans won’t need tax preparation services.
“It would be a dream of mine to put H&R Block right out of business,” he said.
H&R Block, which advertises itself with the slogan “Get Your Billion Back, America,” did not respond directly to Trump’s comments. But it said in a statement Tuesday that it supports “intelligent” tax code reforms.
“We give our clients confidence that someone has their back no matter how simple or complicated their tax return,” the company said in a statement.
During the program, Trump was pressed on how he would address other economic issues, including pay equity for women.
“I don’t want to come out with that policy right now,” he said.
Trump told MSNBC the other two policies that top his list on how to grow the economy include cutting costs at federal departments like the Environmental Protection Agency and the Department of Education, and “create incentives” to bring the poverty level down in inner-cities.