Trump says he will approve 'major middle income tax cut' if GOP wins House, Senate in 2020

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  • Source: The Hill
  • 07/31/2020
President Trump said Saturday that he would approve a "major middle income tax cut" if Republicans keep the Senate and presidency and take back the House in next year's elections.

"If Republicans take back the House, and keep the Senate and Presidency, one of our first acts will be to approve a major middle income Tax Cut!" Trump tweeted Saturday morning. "Democrats only want to raise your taxes!"

Trump did not elaborate on any details for his proposed tax cut. The Hill has reached out to the White House for comment.

White House adviser Larry Kudlow said Thursday that the administration was looking at a "tax cuts 2.0" package to create long-term economic improvement but added that it wasn't looking at near-term cuts. 

"The idea of some short-term payroll tax cut fix — it doesn't work. It never works. It has no lasting impact," he said.
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