Sep 12, 2019
Trump Says He Plans to Unveil Middle-Class Tax Cut in Next Year
, Bloomberg News
(Bloomberg) -- President Donald Trump said Thursday that he’s planning a tax cut directed at the middle class that will be announced in the next year.
“It will be a very substantial tax cut,” Trump told congressional Republicans at a retreat in Baltimore. He said the tax cut would be “very, very inspirational” without providing details.
To contact the reporter on this story: Jordan Fabian in Washington at jfabian6@bloomberg.net
To contact the editors responsible for this story: Alex Wayne at awayne3@bloomberg.net, Justin Blum, Michael Shepard
©2019 Bloomberg L.P.
Politics
BNN Bloomberg Picks
-
6:11Meta projects higher spending, weaker revenue amid AI push
-
11:57Uncertainty in Canada's tax landscape could weigh on investment: economist
-
5:22NHL playoff runs give local businesses a major boost: Moneris
-
4:00Ottawa moves to raise inclusion rate on capital gains taxes in 2024 budget
-
8:19What's the neutral rate, and why did the Bank of Canada raise it?
-
4:55Some of the key highlights from the Liberal government's 2024 federal budget