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Trump Reaffirms Intention to Pursue Reforms to Lower Taxes for Middle Class

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US President Donald Trump said in a speech on Thursday at the Republican Congressional Retreat in Philadelphia he will help revive the ability of the United States to compete in the global marketplace by conducting tax reform that includes lower taxes for middle class Americans and businesses.

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Trump to Cut Business Regulations by 75%, Taxes to 15-20%
WASHINGTON (Sputnik) — Earlier this week, Trump told corporate executives he met with at the White House that tax cuts were coming "soon."

"We will create millions of new good paying jobs by removing the economic burdens that cripple our ability to compete," Trump stated. "At the center of that agenda is bold tax reform that massively lowers taxes for our middle class and for all American businesses."

Republican congressional leaders have committed to include tax reform legislation in their agenda for the first 200 days of the new Congress.

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