President Trump promised he would deliver on a major tax cut for the middle-Class on Tuesday as the White House and Congressional leaders prepare to release details on the tax reform package that would make huge cuts to the corporate tax rate and simplify the tax code.
Trump met with Republicans and Democrats from the House Ways and Means Committee ant the White House, saying he would release a “very comprehensive, very detailed report” on Wednesday.
“We will cut taxes tremendously for the middle-class. Not just a little bit but tremendously,” Trump said. He added that jobs “will be coming back in because we have a non-competitive tax structure right now and we’re going to go super competitive.”
The PResident and Republican leaders are moving on to Tax reform after failing, for the third time, to repeal and replace the Affordable Care Act.