Political Wire

SubscribeSign in
  • Front Page
  • Trending News
  • Polling Dashboard
  • Trial Balloon
  • Membership
    • Subscribe
    • Sign In
  • Sign In
  • Contact Us
Theme
Text size

Trump Will Propose Second Round of Tax Cuts

June 29, 2018 · 6:34 pm ET · Leave a Comment

President Trump “said he wanted to further lower the corporate tax rate, from 21% to 20%, as part of a second round of tax cuts later this year,” the Washington Post reports.

“Trump, in an interview with Fox News to mark the six-month anniversary of the $1.5 trillion tax-cut law Republicans passed last year, said other parts of the new tax plan would be tailored to the middle class.”

Said Trump: “One of the things we’re thinking about is bringing the 21 percent down to 20 and for the most part, the rest of it will go right to the middle class. It’s a great stimulus.”

Budget & Taxes

← PreviousU.S. Diplomat Resigns After Trump Anti-Europe RantsNext →North Korea Has Increased Nuclear Production

Latest on Political Wire

  • 6:19 pmTrump Says the New York Times ‘Will Be Forced to Close’
  • 6:10 pmDemocratic Super PACs Cut Ads in Key Races
  • 5:35 pmTop House Republican Says Battleground Is Narrowing
  • 5:33 pmTrump Eyes Easing Access to Tax-Exempt Diesel
  • 5:03 pmAbdul El-Sayed Maintains Lead in Michigan Senate Race

Front page →

Political Wire is reader-supported. Join for ad-free reading, member posts and new features →

Taegan Goddard

Taegan Goddard

Taegan Goddard is the founder of Political Wire -- which for more than two decades has been one of the nation's most influential political news sites.

More about Taegan Goddard →

Your Account

Members

For the full experience, sign in.

Become a Member

  • Join Political Wire
  • Gift a Membership

Members Only

  • Another Brutal Warning Sign for Republicans
  • Who’s Running Ken Paxton’s Campaign?
  • The Battleground Is Getting Much Bigger
  • One Chart That Explains the Midterm Elections
  • Weekly News Quiz

Word of the Day Political Dictionary

Blue State

A “blue state” is one whose voters elect primarily Democratic candidates.

Read the definition →

Yesterday’s Word of the Day: Mission Accomplished Moment

Show me a random term

Think You Know Politics?

  • The Way It Was →
  • Yea or Nay? →
  • Split Decision →
  • Pollster →

Copyright © 2026 · Goddard Media LLC

Political Wire® is a registered trademark of Goddard Media LLC

Also from Goddard Media: Political Dictionary · Political Job Hunt · Electoral Vote Map

Privacy PolicyCorrections PolicyContact