Some manufacturers are already acting on Trump's tax plan

Trump delivers a tax speech to NAM in D.C. Photo: Michael Conroy / AP

Even if President Trump is skeptical of his own tax plan, manufacturers are buying his "Middle Class Miracle" pitch on the "rebirth of the American Industry." And some are already acting on the expectation that his plan will pass: one manufacturing president said that his company is buying $1 million of new equipment this week "to take advantage of Trump's tax plan."

Why it matters: Republicans tried and failed to pass health care legislation multiple times, and some are worried the same could happen with taxes. As Axios reported yesterday, Trump wasn't thrilled about the tax framework introduced by the "Big Six" and his tax plan could be ruined if he handles this reform with the same fickleness he showed on ACA repeal-and-replace efforts.