The blueprint is expected to reflect promises Trump made during the presidential campaign, including lower corporate and individual tax rates.
President Donald Trump’s tax reform plan will reportedly include a much larger standard deduction, according to The Washington Post.
The White House’s tax reform announcement will help the middle class, and is not aimed at helping either Republicans or Democrats, according to Sarah Huckabee Sanders, deputy press secretary.
Treasury Secretary Steve Mnuchin and other top White House officials will go to Capitol Hill on Tuesday to discuss President Trump’s proposed tax reform plan, ahead of the president’s scheduled announcement Wednesday of the proposal, Fox News has learned.
With several of his campaign promises and his first budget now in the hands of Congress, President Trump is adding to perhaps the most critical week of his early presidency by putting his tax-reform plan into the mix.
President Donald Trump promised Friday a “big announcement” concerning tax reform will be made next Wednesday, but White House budget director Mick Mulvaney has been saying that a full tax bill won’t likely happen by the time its official budget is released by the end of…
Republicans face pressure from conservatives to reach their August deadline for implementing tax reforms.