President plans to implement a major tax cut to the middle class before November
President Donald Trump says a ‘major tax cut for middle-income people’ is coming in 10 days as he plans to implement a large tax reduction for the middle class before November midterms.
Trump has received criticism from Democrats for his tax cuts, which they maintain only help large corporations and the top 1 percent.
But Trump insists the tax cuts he is looking to soon roll out would not be related to businesses whatsoever.
“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.”
“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.”
Speaking to journos after rally in NV, Trump claims that if immigrant caravan reaches US border, he’ll “bring out our military, not reserves, I’ll bring out our military”
“Some bad people started the caravan. More importantly, you have some very, very bad people in the caravan.” pic.twitter.com/A4wsxJFx3h
— Aaron Rupar (@atrupar) October 20, 2018
Last month Neon Nettle reported the U.S. House of Representatives passed a massive $3.1 trillion tax cut on Friday.
The vote was 220 to 191.
The down-to-the-wire 2017 tax act, which passed in December, included modifications that had to result in a net developed cost that dropped within the boundary of $1.5 trillion, allowing the Senate to approve the bill.