On Monday, President Trump vaguely elaborated on a 10 percent tax cut for middle-income earners that nobody else seems to know anything about. Trump's proposal for a "major tax cut" before the Nov. 6 election or soon after is "mystifying White House officials, congressional leaders, and tax wonks around town who mostly have no idea what he's talking about," Politico reports. At a rally in Houston on Monday evening, Trump said he has been working on the proposal with House Ways and Means Committee Chairman Kevin Brady (R-Texas) for several months, and he's said House Speaker Paul Ryan's office was involved, too.
Trump Keeps Promising A Mysterious, Expensive New Tax Cut, And Even Republicans Are Confused
Peter Weber, The Week
Mon, 10/22/2018 - 9:24pm
Topics: president trump nov mystifying white house houston house ways means committee chairman kevin brady r-texas house speaker paul ryan white house the washington post capitol hill jason furman president barack obama's council economic advisers the gop and republicans trump politico brady ryan congress republican republicans tax cut proposal election reports talking percent monday months trillion plans
BING NEWS:
- Republicans Ponder: What if the Trump Tax Cuts Cost Nothing?
Some in the party are considering alternative ways of assessing the federal budget as they prepare to extend temporary tax cuts passed in 2017.
11/22/2024 - 9:03 pm | View Link - 5 obstacles Republicans will face on the road to tax cuts
Republicans are facing some tough decisions regarding their desired tax cuts as one of their top legislative priorities, some of which have dogged the conference for years. While there is broad GOP ...
11/20/2024 - 10:00 pm | View Link - More
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