Trump Says Team Working On Tax Cut For Middle-Income Earners

  • 6 years ago

According to Reuters, President Donald Trump says that the Trump administration has been studying a tax cut for middle-income earners that could be implemented some time around the beginning of November. Trump said, “We’re looking at putting in a very major tax cut for middle-income people." In December, Trump signed into law the largest tax overhaul since the 1980s, which cut the corporate rate from 35 percent to 21 percent.