Trump Plans Massive $1.5 Trillion Tax Reform
President Trump, in his weekly address to the nation, announced plans for the largest tax cut in U.S. history - the most sweeping tax reform since 1986.
Mr. Trump said 95% of Americans would file a one-page return if his plan was enacted and that tax rates would fall.
The President’s remarks came three days after key Republicans on the Senate Budget Committee announced that they had agreed on a $1.5 trillion tax cut plan for the next 10 years.
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