U.S. President Donald Trump signed the $1.5 trillion tax overhaul into law Friday, using his last moments in the White House before flying to Florida for the holidays to celebrate a much-needed political win.
He also signed a temporary spending bill to keep the government running and provide money to upgrade the nation’s missile defences. The tax cut, which fulfilled a long-held Republican goal, was at the forefront of Trump’s mind.
Starting next year, the new law will give big cuts to corporation and wealthy Americans and more modest reductions to other families. Trump continued to pitch it as a win a for the middle class, insisting that even though polling indicates the tax cut is unpopular, “the numbers will speak” for themselves.
Submitted December 28, 2017 at 02:33AM by juddtrump1234 http://ift.tt/2C2CkqD
