WASHINGTON, Jan 8 (Reuters)- Two U.S. Democratic politicians asked a government watchdog on Monday to scrutinize implementation of President Donald Trump's tax law, warning that the administration could use new tax guidelines to create the appearance of a large middle -
class tax cut ahead of the 2018 mid-term elections.
Tax experts said the only similar recent tax break that came to mind was in 2014 when New York Gov. Andrew Cuomo, a Democrat, passed a more targeted, three - year middle - class family cut ahead of his re-election bid, according to Meg Wiehe, a tax expert at the Institute on Taxation and Economic Poli
Tax experts said the only similar recent
tax break that came to mind was in 2014 when New York Gov. Andrew Cuomo, a Democrat, passed a more targeted, three - year middle - class family cut ahead of his re-election bid, according to Meg Wiehe, a tax expert at the Institute on Taxation and Economic Poli
tax break that came to mind was in 2014 when New York Gov. Andrew Cuomo, a Democrat, passed a more targeted, three - year middle -
class family
cut ahead of his re-election bid, according to Meg Wiehe, a
tax expert at the Institute on Taxation and Economic Poli
tax expert at the Institute on Taxation and Economic Policy.
The proposed budget would defer most business
tax credits between 2018 and 2020 while moving
ahead with the phase - in of a middle
class tax cut enacted previously.
«This plan means a
tax cut upward of $ 1,200 for middle -
class families, a chance to save, and most importantly, a chance to get
ahead.