Trump pledges to pass 'THE BIGGEST TAX CUT EVER' in early morning campaign tweetstorm from Walter Reed
without delving into specifics on how it would be designed. He stopped raising it once Republicans lost the House, and it never happened.though he has said he wants to scale back the capital gains tax-rate to 15% from 20%. Trump is also prodding Congress to forgive this year's deferred payroll taxes so workers are no longer on the hook.
Both appear unlikely to happen in Congress if the Senate remains under GOP control and the House is Democratic-led, given their contrasting economic priorities.signature legislative achievement . It lowered rates for most Americans but centered most of the benefits for corporations and the wealthy. Meanwhile, Democratic presidential candidate Joe Biden has promised not to increases taxes for Americans earning under $400,000 a year and roll back Trump's tax cuts for corporations, raising their tax rate to 28% from 21%. Most of Biden's tax increases fall upon the top 1% of Americans, according to
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