WASHINGTON (AP) — President Donald Trump on Monday promised a tax overhaul by Christmas, a day after the White House signaled its willingness to strike a health care provision from Senate tax legislation if it’s an impediment to passing the tax bill. Speaking before a Cabinet meeting, Trump said: “We’re going to give the American … Continue reading
Tag Archives: Tax Cut
The Latest: Republicans unveil nearly $6 trillion tax cut
WASHINGTON (AP) — The Latest on the Republican plan to overhaul the tax code (all times local): 8:20 p.m. President Donald Trump and congressional Republicans have unveiled the first major revamp of the nation’s tax code in a generation. The sweeping, nearly $6 trillion tax cut would deeply reduce levies for corporations, simplify everyone’s brackets … Continue reading
FACT CHECK: Math in Trump’s tax plan doesn’t always add up
WASHINGTON (AP) — Republican presidential front-runner Donald Trump touts his tax overhaul plan as a boon for middle-income Americans, but it would also be likely to help the wealthy — including people like himself. A closer look at some of the claims Trump made Monday in unveiling his tax proposal: ___ TRUMP: “It reduces or … Continue reading