×
Newsmax TV & Webwww.newsmax.comFREE - In Google Play
VIEW
×
Newsmax TV & Webwww.newsmax.comFREE - On the App Store
VIEW
Tags: trump | middleincome | tax | cut

Trump Says He Will Unveil 'Middle-Income' Tax Plan in 2020

Trump Says He Will Unveil 'Middle-Income' Tax Plan in 2020
(Valiantsin Korznikau/Dreamstime)

Thursday, 12 September 2019 08:33 PM EDT

President Donald Trump said on Thursday his administration would unveil a tax overhaul plan aimed at middle-income households next year, amid the 2020 presidential election.

"We'll be announcing it sometime in the next year. But it'll be very, very substantial tax cut for middle-income folks who work so hard. And we'll look forward to that. We're going to work on it altogether," Trump told Republican lawmakers, without providing any additional details.

Trump has said his administration was considering potential tax cuts, seeking to play down market anxieties over a possible recession. At the end of 2017, Trump passed a tax overhaul passed by the Republican-led Congress.

© 2022 Thomson/Reuters. All rights reserved.


Headline
President Donald Trump said on Thursday his administration would unveil a tax overhaul plan aimed at middle-income households next year, amid the 2020 presidential election.
trump, middleincome, tax, cut
106
2019-33-12
Thursday, 12 September 2019 08:33 PM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
Get Newsmax Text Alerts
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved