Trump says team working on tax cut for middle-income earners


(Worthy News) – U.S. President Donald Trump said the administration was studying a tax cut for middle-income earners that could be rolled out some time around the beginning of November, just before pivotal congressional elections.

Trump mentioned the proposed tax cut in the same week the U.S. government ended the 2018 fiscal year with a $779 billion deficit, the Treasury Department said on Monday, as previous Republican-led tax cuts squeezed revenues. The deficit figure was the highest in six years.

“We’re looking at putting in a very major tax cut for middle-income people,” Trump told reporters before boarding Air Force One following a rally in Elko, Nevada. [ Source (Read More…) ]

9
people are currently praying.

💡 Did you know? One of the best ways you can support Worthy News is by simply leaving a comment and sharing this article.

📢 Social media algorithms push content further when there’s more engagement — so every 👍 like, 💬 comment, and 🔄 share helps more people discover the truth. 🙌

Discuss this article in our forums

Follow us on X

Latest Worthy News

Eritrea Arrests Christians Again, Raising Fresh Fears Of Persecution
IDF Reports Major Gains Against Hezbollah as Operation “Roaring Lion” Intensifies
Planned Parenthood Report Sparks Renewed Pro-Life Calls to Defund Nation’s Largest Abortion Provider
U.S. Inflation Jumps to 3.3% as Iran War Drives Energy Price Surge
Trump Warns Iran: U.S. Forces Will Stay Until Nuclear Deal Fully Enforced
Israel Moves Toward Lebanon Talks as Netanyahu Demands Hezbollah Disarmament
War Powers Resolution halting Trump’s Iran ambitions fails in U.S. House
Report: U.S. added $1.2 trillion to national debt in six months
Israel’s Netanyahu Agrees To Lebanon Talks As Markets Rally On De-Escalation Hopes
Fair Use Notice:This site contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission from the copyright owner.

Worthy Christian News