Republicans passed a sweeping tax cut for two-thirds of Americans in 2017, saying it would pay for itself and the American public would thank them. Now, as Americans finish filing to the IRS for the first time under the new system, the law has swelled the deficit and surveys show just one-fifth of taxpayers believe their taxes have gone down.
Trump Gave Americans A Massive Tax Cut. Few Are Noticing — And That’s A Problem For Him
Sahil Kapur and Laura Davison / Bloomberg, Time: Business
Mon, 04/15/2019 - 5:47am
Topics: irs president donald trump representatives dan eberhart canary llc republicans minnesota the trump senate majority leader mitch mcconnell december trump&rsquo larry kudlow the u.s congressional budget office gop perceptions nbc/wall street journal reuters/ipsos march that&rsquo tax policy center president barack obama&rsquo eberhart lsquo;too small&rsquo white house kevin hassett campaign democrats social security medicare election day cnn ryan ellis morris pearl blackrock inc patriotic millionaires ldquo;they hard sell u.s district columbia h&r block worse it california new jersey massachusetts illinois representative tom suozzi american americans trump ldquo;the democrat eberhart republican republicans republicans trump it house in jersey new york salt york gave tax cut law percent taxes states system corporate amount people average residents economic deduction package passed wealthy poll state rate overwhelmingly income break local candidates frustration supported group reduced move impact breaks biggest capping news one-fifth pay individual week cuts show taxpayers promote trillion line data reduction growth general adding child year administration individuals paychecks finances high-tax wanted lowered didn’t top largely bill adviser
BING NEWS:
- Trump campaign blasts Biden for ‘largest tax hike ever' as Americans face 'record-high inflation'
The Trump campaign took aim at Biden for his budget proposal, which includes the "largest tax HIKE ever" and is "defined by massive spending increases" as Americans face economic woes.
04/20/2024 - 8:24 am | View Link - More
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