(12 Apr 2018) American workers spoke at a White House gathering Thursday about the recent tax cut plan, praising President Donald Trump for supporting it and explaining the benefits they've seen since the cuts.
The massive Republican tax-cut legislation was muscled through Congress late last year and now stands as President Trump's marquee achievement.
It took effect January 1, billed as a huge boon for the stressed middle class and a key GOP selling point in the midterm elections this year.
The $1.5 trillion package provides generous tax cuts for corporations and the wealthiest Americans, and more modest reductions for middle- and low-income individuals and families.
The tax cuts for corporations are permanent, while those for individuals and families expire in 2026.
Nonpartisan tax experts project that the law will bring lower taxes for the great majority of Americans, though not all.
Already taxpayers have seen a tangible result of the new tax law.
Millions of working Americans saw bigger paychecks starting early in the year.


You can license this story through AP Archive: [ Ссылка ]
Find out more about AP Archive: [ Ссылка ]

свернуть