Ivanka Trump, Treasury Secretary Steve Mnuchin Talk Tax in Derry

DERRY, NH - Ivanka Trump and U.S. Treasury Secretary Steve Mnuchin paid a visit to Derry on Tuesday to take part in a town hall discussion that focused on the president's tax plan. According to WMUR, pair took questions from the crowd at the Derry Opera House. The discussion was moderated by former Gov. John H. Sununu.

When asked how the Trump tax bill would specifically create jobs, Treasury Secretary Mnuchin said it includes the lowest tax rate for small businesses since the 1930's.

"I think people know that small businesses are a driver of economic growth, of course large businesses are a big driver but small ones are drivers of economic growth, particularly here in New Hampshire," he said.

Sec. Mnuchin said businesses will now be able to write off what they invest in year one.

"That competitive rate will have a great impact on wages and bonuses," he said.

Dover resident Margo Cope is a salon owner on the seacoast and said the tax cut was a breath of fresh air.

"I can hire more employees, I can increase my line and for me personally, it helps my children," she said.

You can view a video of the entire talk at WMUR here.