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President Donald Trump will give a statement on his tax reform plan Wednesday evening in Harrisburg, Pennsylvania. The event is scheduled to begin at 5:45 p.m. ET.

As previously reported by IJR, Trump's speech Wednesday will see an announcement promising an increase in earnings for a typical American household. The increase will come on the back of lowering the corporate tax rate, which will, in turn, produce an increase in company earnings, which will ultimately result in a trickling down to the individual employee.

“My Council of Economic Advisers estimates this change alone would give the typical American household a $4,000 pay raise,” Trump will apparently say in Harrisburg on Wednesday evening. In addition, Trump will propose to eliminate the death tax.

Watch Trump's comments below, via the White House.