Millions of middle-class taxpayers are likely to see their taxes go up, though the typical middle-class taxpayer would see a tax cut next year. And the structure of the tax cut tends to favor owners of businesses over drawers of paychecks. If not, a tax cut that polling indicates is already unpopular might become even more so. Mr. Trump said this year that his effort to revive the industry by clearing away regulations had helped produce 45,000 mining jobs. On Thursday, Mr. Trump congratulated the billionaire Rupert Murdoch on his deal to sell most of 21st Century Fox to the Walt Disney Company.

Source: New York Times December 17, 2017 22:03 UTC