Trump's promise of a new tax cut appears to fade
by Colin Wilhelm
| October 30, 2018 12:00 AM
President Trump’s promise of a 10 percent tax cut for the middle class this year appears to be fading almost as quickly as it came.
The Republican chairman of the congressional committee with authority over tax policy, Rep. Kevin Brady, R-Texas, suggested Monday that congressional follow-through on the tax cut could be limited to a merely symbolic gesture, though he tried to keep hope alive for next year.
“But really what the president was referring to — and I wish some of his critics would have just simply asked — what he was talking about was when best do we introduce either the bill or a nonbinding resolution laying out our commitment, as Republicans, to doing that,†Brady said in an interview with Fox Business News.
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https://www.washingtonexaminer.com/policy/economy/trumps-promise-of-a-new-tax-cut-appears-to-fade