Comment on Donald Trump Is Promising Americans a ‘Huge Tax Cut’ for Christmas

Donald Trump Is Promising Americans a ‘Huge Tax Cut’ for Christmas

(WASHINGTON) — President Donald Trump on Monday promised a tax overhaul by Christmas, even as a nonpartisan tax analysis group said the Senate package would leave half of taxpayers facing higher levies by 2027. Speaking before a Cabinet meeting, Trump said, “We’re going to give the American people a huge tax cut for Christmas — hopefully that will be a great, big, beautiful Christmas present.” Trump spoke as the Tax Policy Center said that while all income groups would see tax reductions, on average, under the Senate bill in 2019, 9 percent of taxpayers would pay higher taxes that year than under current law.

 

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