[Ed. – Beating the Dems at their own game, except that if he signs a tax cut into law, it will actually be a tax cut.]
President Trump on Thursday reportedly said that he planned to announce a middle class tax cut in the next year.
“It will be a very substantial tax cut,” Trump said at a Baltimore retreat with House Republicans, according to Bloomberg News.
He added that the tax cut would be “very, very inspirational” but did not provide additional details.
The comments come a day after the White House said that the president would not reduce capital gains taxes “at this time.”
“President Trump was thoroughly briefed on the complex economic, legal and regulatory issues, and concluded that at this time he does not feel enough of the benefits will go to the middle class,” White House spokesman Judd Deere said Wednesday.