The plan would not benefit lower-income households that do not pay federal income taxes. Photo“It’s time to take care of our people, to rebuild our nation and to fight for our great American workers,” Mr. Trump told a crowd in Indianapolis. Mr. Trump is proposing to cut taxes during one of the longest economic expansions in American history. The federal income tax is the centerpiece of a longstanding bipartisan consensus that wealthy Americans should pay an outsize share of the cost of government. Mr. Trump is seeking to resume the long-term trend toward flattening the curve.

Source: New York Times September 27, 2017 21:30 UTC