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Trump says middle class tax cut to be announced over next 90 days: Fox Business

Published 01/22/2020, 06:52 AM
Updated 01/22/2020, 06:52 AM
Trump says middle class tax cut to be announced over next 90 days: Fox Business

(Reuters) - U.S. President Donald Trump said on Wednesday a tax cut for the middle class would be announced over the next 90 days.

"We are going to be doing a middle class tax cut, a very big one," Trump told Fox Business in an interview https://www.foxbusiness.com/politics/trump-says-tax-cuts-health-care-and-trade-deals-are-ahead. "We'll be announcing that over the next 90 days."

Trump also threatened of imposing 25% tariffs on cars from the European Union, if a deal was not struck.

"Ultimately it will be very easy because if we can't make a deal, we'll have to put 25 percent tariffs on their cars," Trump told Fox Business' Maria Bartiromo at the World Economic Forum in Davos, Switzerland.

Latest comments

The last tax cut was suppose to be for the middle class, guess my taxes will be going up again.
HiMe, you don't seem like one of tje ones who pays ANY taxes. Mine went down and I saw it in my paycheck.
Bribery or admission of guilt? How about turning the tables.I would not feel patriotic getting it, coming from a liar, cheater, crook.
I voted for this liar. Still paying the individual mandate. Paying more in taxes. I'm supposed to be happy they're 'gonna raise my taxes again and call it a cut!
Stop your *** Can not say bad thing about my man
idk how you are paying more in taxes after the minimum deduction increased to 10k and each individual paycheck is taxed at a lower percentage. to many deductibles perhaps?
Ron, sorry it's not working out the way it is for me as an example. I have ins. thru my co., taxes are in fact lower in the highest taxed eastern state. I don't own a second home. People that work here who make more than me do. They pay higher taxes now. I voted for him based on saying he'd elect conservative judge ro highest court as I didn't trust the rest. Which politician had- actually kept their promises, right? Ishudder ro think what would happen if "she" got in... I guess things may get work out better for you in the future and hope that is the case for you. Unemployment is so far much lower than so much of history. People around us are working, many other good things. Spirit of America ! I honestly hope things change with the situation you're in for the better !
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