President Trump has an ace up his sleeve as we move towards the 2018 midterms.
In a speech given at a massive rally in Elko, Nevada, President Trump teased the possibility of another MASSIVE tax break for the middle class.
That, coupled with the amazing tax break we’ve already gotten, would be welcomed news for hard-working Americans.
Make sure you and every Trump supporter you know heads to the polls, and votes a straight GOP ticket. This is the most important midterm of our lifetime and NO ONE can sit this one out. These midterms are equally as important as the 2016 election was. Everything is on the line.
Trump told reporters Saturday his administration and congressional Republicans were exploring options for a new tax cut plan.
“We are looking at putting in a very major tax cut for middle income people. And if we do that it will be sometime just prior to November,” the president said in Elko, Nevada.
The House is currently out of session and will reconvene again on Nov. 13.
Trump signed the Tax Cuts and Jobs Act of 2017 in December, which consisted of a tax cut on individuals and corporations and was a major overhaul of the U.S. tax policy at large.
Republicans claimed the law would significantly reduce taxes and alleviate fiscal pressure on the middle class but critics said the bulk of the legislation’s benefits went to wealthy individuals and corporations, citing that the tax cuts for individuals are set to expire after 2025 while those on corporations never do.
The legislation has featured prominently in midterm campaigns on both sides of the aisle. Multiple polls have shown that more Americans approve of the law than did immediately after it was signed, more Americans still disapprove of it.
Trump differentiated the two plans, saying, “Not for business at all, for middle income people…the last one was for middle income and business, and our business is now coming back because of it.”
Trump did not offer further specifics on the plan.