Tags: Trump Administration | Trump Tax Reform | kudlow | trump | tax | cut

Kudlow: Trump Considering Another Tax Cut

larry kudlow
(AP)

By    |   Thursday, 07 February 2019 12:35 PM

White House economic adviser Larry Kudlow said President Donald Trump is considering yet another tax cut.

“We’re kicking it around,” Kudlow told reporters on Thursday. “Looking at a couple of very interesting things that may wind up surprising voters,” the veteran financial guru and former Ronald Reagan adviser said, Fox Business Network reported.

Kudlow declined to offer additional details, but hinted that another tax cut for middle-class voters was a possibility.

“I’m just saying we’re kicking it around, seeing how it feels,” he said. “That’s all I want to say.”

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In late October, the Hill.com reported that Kudlow lowered expectations that Trump's much-anticipated middle-class tax cut would come to fruition shortly after the November midterm elections.

"It may not surface for a while. But that's his goal. That's his policy intent. I don't see anything wrong with that," Kudlow told reporters at the White House at the time, the Hill.com reported.

But Kudlow cautioned against discounting the possibility Trump will push a second round of tax cuts through Congress.

"Promises made, promises kept," he said. "Take him seriously when he comes out with these things. That's been his pattern for a long time. People should not underestimate that."

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Material from Bloomberg and Reuters has been used in this report.

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White House economic adviser Larry Kudlow said President Donald Trump is considering yet another tax cut.
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2019-35-07
Thursday, 07 February 2019 12:35 PM
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