Treasury secretary says Trump to propose biggest tax cut in history

[Yo_Mama_Been_Loggin]

President Trump's forthcoming tax plan will be the "biggest" tax cut in history, Treasury Secretary Steven Mnuchin said Wednesday at an event hosted by The Hill.

Mnuchin provided several clues as to what will be in the package, which will be unveiled later in the day.

He confirmed that the proposal would cut tax rates for businesses to 15 percent. That rate would apply to both corporations and owner-operated businesses known as "pass-throughs."

The 15 percent rate was also part of Trump's campaign plan. Mnuchin said that Trump thinks that's "absolutely critical" for driving economic growth.

He also said that the administration wants to simplify the personal tax system and that most Americans should be able to file their taxes on a large postcard.

-snip-

The new White House plan is likely to resemble Trump's campaign tax plan, which was estimated to cost trillions of dollars over 10 years.

http://thehill.com/policy/finance/330606-treasury-secretary-says-trump-to-propose-biggest-tax-cut-in-history

[C_U_L8R]

1. Watching now. Horrified.

These Trump clowns are so full of shit.
They will destroy the country.

And where the fuck are Trump's tax returns.

[unblock]

2. Might as well go big, donnie, as it's doa regardless

[louis-t]

3. And that's all he cares about, the title.

"The biggest" anything gives him a woodie. A very tiny one.