Tags: Trump Administration | US | Congress | Taxes | The | Latest

Trump Defends Tax Cuts as Good for Middle Class

Trump Defends Tax Cuts as Good for Middle Class
(AP)

Saturday, 16 December 2017 01:26 PM

President Donald Trump is defending the Republicans' tax cut plan, pushing back against criticism that it will benefit the wealthy more than the middle class.

Speaking to reporters at the White House Saturday before leaving for Camp David, Trump said the middle class will benefit because the tax cut will draw companies back from overseas, creating jobs.

The GOP plans to muscle the bill through Congress next week.

Trump touted the nation's economy, predicting that it would "start to rock" once the bill is passed.

Trump also predicted that economic growth could go from the current 3 percent to "4, 5 and maybe even 6 percent ultimately."

Many economists doubt that even a sustained 4 percent growth rate is achievable.

© Copyright 2018 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

   
1Like our page
2Share
Politics
President Donald Trump is defending the Republicans' tax cut plan, pushing back against criticism that it will benefit the wealthy more than the middle class.
US, Congress, Taxes, The, Latest
120
2017-26-16
Saturday, 16 December 2017 01:26 PM
Newsmax Media, Inc.
 

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
America's News Page
© Newsmax Media, Inc.
All Rights Reserved