Individual Taxpayer Reform News

BREAKING: Trump Administration Vows 'Biggest Tax Cut,' 'Largest' Overhaul In History

by Domenico Montanaro | Apr 26, 2017   ()

President Trump is expected to make a major announcement regarding tax reform today. Stay tuned for more updates throughout the day on our social media feeds or check our Tax Reform Resources page for more information. 

You can review this article from NPR to see what we know so far:

The White House is banging the drums that President Trump is doing something big again ahead of his 100th day in office — unveiling a tax "plan."

"This is going to be the biggest tax cut and the largest tax reform in the history of our country," Trump's Treasury Secretary Steve Mnuchin said at a panel Wednesday morning.

But what's coming out later Wednesday afternoon are guidelines, not legislation, akin to what would be revealed in a campaign. Though there's no sign Congress is ready to take this up immediately, Mnuchin made it sound urgent, saying the administration wants to move "as fast as we can."

The guidelines do set out the president's priorities, so let's take a peek:

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Source: NPR
Source: NPR

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