Trump Again Pledges a New Tax Cut

President Trump repeated his unsubstantiated claim that Republicans plan to unveil a middle class tax cut before the midterm elections a little over two weeks away, CNBC reports.

Said Trump: “We’re putting in a resolution some time in the next week and a half to two weeks and we’re giving a middle income tax reduction of about 10 percent. This is not for business, this is for middle income, and that’s on top of the tax decrease that we’ve already given them.”

With Congress in recess, Trump dismissed the idea that he would try to use an executive order: “No, I’m going through Congress. We won’t have time to do the vote. We’ll do the vote after the election.”