Trump's Pre-Election Tax-Cut Promise Leaves GOP Leaders Baffled
- President says House Republicans are working on possible bill
- Landmark 2017 tax law has been criticized for helping wealthy
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President Donald Trump has promised a new middle-income tax cut plan to land days before the midterm election, a move aimed at boosting his party’s chances of holding its Congressional majorities -- yet Republican tax policy-makers know nothing about it.
Party leaders were caught off-guard by Trump’s comments, made Saturday after a rally in Nevada, that “we’re looking at a major tax cut for middle income people,” and that House Republicans, including Speaker Paul Ryan, are working on a possible bill.