Trump promotes Republican tax law during Hialeah visit

AP FACT CHECK No tax-filing migraines are not going away

And he says the new tax law also provided a big boost to American businesses by cutting their tax rates. Thanks to historic tax cuts passed by Congress at the end of a year ago, the curtain is finally closing on our burdensome tax code and the stage has been set for a 21st century tax system that is already growing paychecks and jobs in our state. Despite the sweeping changes it has enacted, the new act still fails to fully address the issues that have plagued our tax code for decades. J.P. Morgan saved some $240 million as a result of Trump's tax cut.

As right-wing advocacy groups embark on yet another campaign to sell the American public on the GOP's corporate-friendly tax law that President Donald Trump insisted would sell itself, a new Gallup poll published Monday found that the tax cuts remain "very unpopular", with just 39 percent approving and 52 percent disapproving. The Tax Cuts and Jobs Act takes a cut of Washington, D.C.'s power and puts it back squarely in the hands of Montanans.

"Republicans are going to throw more money and air time to try to make their tax bill popular", Chang noted. From Libby to Roundup and from Chester to Hamilton, it was great to talk with Montanans across our state about the real benefits of tax cuts.

On Monday, the president hosted an event with Hispanic business leaders in Florida, who explained how the tax bill was already helping them. "In February, House Speaker Paul Ryan boasted that his party's tax law had given a "secretary at a public high school in Lancaster, PA" an extra "$1.50 a week" - a windfall that would "more than cover her Costco membership for the year".

When I first ran for Congress, I made my priorities clear: more jobs and less government.

"The global economy continues to do well, and we remain optimistic about the positive impact of tax reform in the U.S.as business sentiment remains upbeat, and consumers benefit from job and wage growth", J.P. Morgan Chairman and CEO Jamie Dimon said after the release of the earnings report. That's the kind of tax relief Montanans deserve.

Related:

Comments


Other news