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White House: Trump wants additional 10% middle-income tax cut

While speaking to reporters at the White House ahead of a campaign trip to Texas late-Monday, the US President Trump noted that his administration is considering producing a resolution within two weeks that seeks a 10% tax cut for middle-income people.

Key Quotes:

“We’re putting in a resolution sometime in the next week or week-and-a-half, two weeks.”

“We’re giving a middle-income tax reduction of about 10 percent. We’re doing it now for middle-income people.”

“We won’t have time to do the vote” before the election.”

“We’ll do the vote after the election.”

The latest tax cut plan was not meant to help businesses but was for middle-income earners and would be “on top of the tax decrease that we’ve already given them.”

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