President Trump Keeping All Campaign Promises
Friday, President Donald Trump signed the $1.5-T tax overhaul into law.
He also signed a temporary spending bill to keep the government running and provide money to upgrade the nation’s missile defenses.
Starting next year, the new law will give big cuts to corporation and all Americans.
The tax law is the largest since Y 1986
Passage of the tax bill marked a significant victory for President Trump, as he ended the year with his sights on the way the media treat him, Tweeting that the mainstream media “NEVER talk about our accomplishments in the end of year reviews.”
“We are compiling a long & beautiful list,” he tweeted.
“The President has accomplished some absolutely historic things during this past year.” Thank you Charlie Kirk of Turning Points USA. Sadly, the Fake Mainstream Media will NEVER talk about our accomplishments in their end of year reviews. We are compiling a long & beautiful list.
After finishing the bill signings, he was off to Mar-a-Lago in Florida leaving Joint Base Andrews in Maryland just before Noon EST.
President Trump continued to send mixed messages about his desire to work across the aisle. In the Oval Office, he contended anew that Democrats “don’t like tax cuts, they want to raise your taxes.”
“At some point, and for the good of the country, I predict we will start working with the Democrats in a bipartisan fashion. Infrastructure would be a perfect place to start. … It is time to start rebuilding our country!”
Starting next year, families making between $50,000 and $75,000 will get average tax cuts of $890, according to an analysis by the nonpartisan Tax Policy Center. Families making between $100,000 and $200,000 would get average tax cuts of $2,260, while families making more than $1-M would get average tax cuts of nearly $70,000, according to the analysis.
The middle class can expect to see benefits from the business tax cuts, in the form of more jobs and higher wages.
Have a Happy Christmas Holiday Weekend.
Latest posts by Paul Ebeling (see all)
- Archer Entertainment’s (OTCMKT:AEMC) CEO Agrees with Steven Spielberg - April 25, 2019
- F1: Ferrari (NYSE:RACE) Azerbaijan Grand Prix - April 25, 2019
- Massachusetts Judge Indicted for Blocking Immigrant’s Arrest by ICE - April 25, 2019