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Trump’s Proposed Middle Class Tax Cut Is Not Real. Merry Christmas. Source: rollingstone.com - Dec 21, 2018 Way back before the midterms, President Trump was so desperate for Republicans to retain their majority in the House of Representatives that he blurted out his intention to give the middle class a big tax cut. “We are going to be putting in and are studying very deeply right now, around the clock a major tax cut for middle-income people,” the president said after a rally on October 20th. “Not for business at all. For middle-income people.” He promised that the tax cut would be implemented before the end of the month, despite Congress not being in session. No one knew what he was talking about. A few days later, Trump clarified that he would be putting in a “resolution” for Congress to cut taxes after it reconvened. Still, the details were unclear. Category: General Business |
