Trump To Offer Middle Class Tax Cut Right Before Election
Just ahead of the November election, President Donald Trump will roll out new tax cuts for America’s middle class, according to National Economic Council Director Larry Kudlow.
The Hill reported that Kudlow told Fox Business host Maria Bartiromo on Friday that the tax cuts will “probably come out sometime in September” — a goal he said was put forth by the president during a recent Oval Office meeting.
Along with the tax cuts, which Kudlow indicated will shave 10 percent from middle class tax bills, Trump would like to solidify "some of the other tax cuts.”
The Hill noted that many of the tax cuts passed in 2017 will expire in 2025.