Trump says he is planning a ‘very substantial’ middle class tax cut in next year

Trump says he is planning a ‘very substantial’ middle class tax cut in next year
Donald Trump, White House lawn (Image: YouTube screen grab)

[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.

Trending: Psaki Says Surging Prices Are ‘A Good Thing’ When Cornered By Jake Tapper

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.

Continue reading →

Comments

For your convenience, you may leave commments below using Disqus. If Disqus is not appearing for you, please disable AdBlock to leave a comment.