GOP proposes deep tax cuts, provides few details on how to pay for them - News Summed Up

GOP proposes deep tax cuts, provides few details on how to pay for them


During a speech in Indianapolis, Sept. 27, President Trump said the GOP tax plan is a “once-in-a-generation opportunity” to lower taxes on the middle class and businesses. “I’ve been waiting for this for a long time”Trump threatened to try to oust Democrats who don’t vote to approve his tax framework. ), who is up for reelection next year, as a Democrat who would be targeted if he didn’t sign onto the GOP plan. Democrats have said they will oppose tax changes that add to the debt or benefit the wealthiest Americans. “Republicans’ tax framework is not tax reform,” said House Minority Leader Nancy Pelosi (D-Calif.).


Source: Washington Post September 27, 2017 14:26 UTC



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