Article

2018-10-22 Economy

Pres. Trump says 'major tax cut for middle-income people' coming in 10 days

[Washington Examiner] President Trump said Saturday he plans to roll out a major tax cut to the middle class before November.

"We are looking at putting in a very major tax cut for middle-income people. And if we do that it'll be sometime just prior, I would say, to November," Trump told reporters after his rally in Nevada Saturday. "We are studying very deeply right now round the clock a major tax cut for middle income people."

Trump has taken criticism from Democrats for his tax cuts, which they claim only help large corporations and the top 1 percent. But Trump said the tax cuts he is looking to implement soon would not be related to businesses whatsoever.

"Kevin Brady is working on it, Paul Ryan is working on it," said Trump. "I would say sometime around the first of November, maybe a little before then."

Posted by Besoeker 2018-10-22 01:13|| || Front Page|| [11126 views ] Top

#1 Now all we need to do is beat it with some fiscal discipline and we'll be good to go.

Posted by gorb 2018-10-22 08:01|| 2018-10-22 08:01|| Front Page Top

#2 I'm sure it will be something like a higher capital gains cap for a house sale. You don't get it until you change your life.

A promise not a product.

Posted by Skidmark 2018-10-22 09:41|| 2018-10-22 09:41|| Front Page Top

#3 Existing-home sales slump to a near 3-year low as buyers back out

Posted by Skidmark 2018-10-22 09:47|| 2018-10-22 09:47|| Front Page Top

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