Trump Promises ‘Massive Tax Cut’ as Soon as Next Week
In an interview with the Associated Press on Friday, President Donald Trump promised that he would be releasing a tax reform plan with “massive” tax cuts for businesses and individuals as early as next week.
The tax cuts for both businesses and individuals will be “bigger I believe than any tax cut ever,” according to the president, and can be expected “Wednesday or shortly thereafter.”
“We’ll be having a big announcement on Wednesday having to do with tax reform. The process has begun long ago, but it really formally begins on Wednesday,” Trump said Friday afternoon at the Treasury Department.