General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsWhite House to roll out tax cut plan mid-2020: Kudlow
BALTIMORE (Reuters) - The Trump administration plans to unveil a tax cut plan in mid-2020, a top White House adviser said on Friday, saying it would be targeted to giving significant relief to the middle class.
Speaking to reporters at a retreat for Republican lawmakers, White House economic adviser Larry Kudlow offered no details on what he has termed "Tax Cuts 2.0," a plan the administration intends to put forward as President Donald Trump pursues his bid for a second White House term.
"We will gather together the best ideas from the Hill (Congress), the administration and outside folks to provide a significant new round of middle class tax relief," Kudlow said, adding, "This is not a recession measure at all."
Kudlow, who is director of the National Economic Council, did not specify how the tax cuts would be fashioned or how deep they might be.
https://www.msn.com/en-us/news/politics/white-house-to-roll-out-tax-cut-plan-mid-2020-kudlow/ar-AAHgc4x?li=BBnbcA1
Uh huh
FoxNewsSucks
(10,429 posts)And the drooling imbeciles at his Klan rallies are stupid enough to think they'll be billionaires someday, so. . .
HiloHatti
(79 posts)The last thing this Country needs is another tax cut. We need to slash military spending and raise taxes on the top 2%.
SWBTATTReg
(22,114 posts)2017 tax cuts weren't enough, so they are pressuring rump to do another round of tax cuts, but disguised as 'middle class tax cuts', that will be trickled down to the middle class somehow nefariously by the 1%ers (whom the new tax cuts will really benefit).
dweller
(23,629 posts)all i want to know was he drunk when he was announcing it, again?
🤔
✌🏼
Hoyt
(54,770 posts)Captain Zero
(6,805 posts)Roll it out before the convention. Campaign on it all fall. Complain about how he needs a Republican House to get it through. Lather rinse repeat. Joe Sixpack has his reason to abandon the Dem ticket and cut his own throat, which Joe Sixpack loves to do.
NCjack
(10,279 posts)Vinca
(50,269 posts)Fool me once . . .er, twice . . . twenty . . . okay, fifty times . . .
Andy823
(11,495 posts)it will be "only" his cult followers who fall for this again. Anyone with a brain knows what trump pulled the last time, and many found out the hard way when they payed "more" taxes, not less.
Trump thinks everyone is stupid, and all he as to do is make up lies and false promises to get elected again. He is wrong.
malaise
(268,952 posts)That is all
GulfCoast66
(11,949 posts)The days of the republicans winning on tax cuts is over. It wont stop them from trying as they have nothing else.
Well except racism and abortion.
GeorgeGist
(25,319 posts)Bankruptcy.