Sentences with phrase «give big tax cuts»

I tell you, one thing I would say, so, I'm giving a big tax cut and I'm giving big regulation cuts, and I've seen all of the small business owners over the United States, and all of the big business owners, I've met so many people.

Not exact matches

Trump has promised to release the outlines of his tax plan Wednesday and has said the plan would give Americans a tax cut bigger than «any tax cut ever.»

The tax bill lowers the corporate tax rate from 35 % to 21 %, eliminates the penalty under the Affordable Care Act for failing to have health insurance, a narrower estate tax, and cuts the top effective marginal tax rate for S corporations to a top rate of 29.6 percent, among other measures that gives the biggest breaks to the wealthiest individuals and companies.

The proposed repeal of taxes that were put in place to fund Obamacare would give America's top earners the biggest cut.

That's a bigger impact than most economists expect given the skewed nature of the tax cuts toward wealthier people, who are more likely to save than spend.

President Trump often calls this tax cut the «biggest in the history of our country,» but The Washington Post Fact Check team gives that statement four Pinocchios.

Giving to charities is certainly a laudable notion, but the idea that you can cut taxes, reduce gov» t spending, and expect charitable donations to make up for it is taking a big risk with people's well - being who really need gov» t assistance.

Today was Hillary Clinton's turn, where she argued that her plan would boost the middle class while Trump's plan «would give trillions in tax cuts to big corporations, millionaires, and Wall Street money managers.»

Vince Cable, the Liberal Democrats» Treasury spokesman, said: «What we really need is permanent, fully funded tax cuts targeted at those on low and average incomes, through reductions in income tax, rather than giving a temporary VAT cut, which will primarily reward the big spenders who have loads of money.»

The results were quite interesting — most of the answers supported moving the party towards the centre ground, the public wanted to see the Conservative party move towards the Centre (net approval of +41), giving more help to the less well off (net approval of +64), paying more attention to the economy and public services and less to immigration (+41) and opposed promises of big tax cuts if they meant cuts to public services (net disapproval of -42).

Thus, even a progressive tax cut (that is, one that gives a bigger percentage increase in after - tax income to lower - income households than to higher - income households) is often larger in dollar terms for higher - income households than for lower - income households.

The main reason is there is really no way to do anything major given our current large debt without big offsetting spending cuts or tax increases.

To give the richest Americans a big tax cut while still funding the government's essential functions, like building roads and flying fighter jets, the GOP needed to find tax revenue somewhere else.

«The president's goal in tax reform was to create a bill that gives middle - income families a big tax cut and stimulates economic growth so they can continue to feel that relief for years to come,» Walters said in an emailed statement.