He claimed his tax cuts are the largest in USA history, but the facts show otherwise.
"We promised that these tax cuts would be rocket fuel to the economy and we were right", Trump said during a roundtable discussion.
The president's trip to Minnesota is also significant given that he lost the state, which is a traditional Democratic stronghold, by just two points in 2016.
Most economists - including at the Federal Reserve - anticipate growth will slump this year to just above 2 percent as the stimulus from the tax cuts wanes.Читайте также: North Korean leader dismisses South Korean attempts to mediate nuclear diplomacy
The New York Times reported that most Americans' tax bills went down, even if they didn't notice it. Trump is taking to the road this week to promote his achievement, saying it is following through on its promise.
The visit was timed for April 15, the deadline for Americans to file their taxes. But history would appear to be against him: Minnesota has not voted for a Republican for president since Richard Nixon in 1972.
"Democrats have taken parts of the tax law that are base-broadening ー and that may increase taxes for a small minority of taxpayers ー and made that central to the message", Pomerleau said. Amy Klobuchar, a Democrat in the 2020 White House race, arguing that they added trillions of dollars to the nation's debt and disproportionately helped the wealthy.
She says it's because she believes in "transparency and accountability". But so far, the tax cuts haven't delivered a major shot of financial adrenaline to most families. "The truth is, Donald Trump is a rich businessman using the presidency and his tax bill to make money for himself and his rich friends". Yet recent polls show the public isn't so sure. "While its customers" overall tax liability fell 24.9 percent in the first year under the new tax law, refunds were roughly flat at just 1.4 percent.При любом использовании материалов сайта и дочерних проектов, гиперссылка на обязательна.
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