The Public Pulse: Nothing to celebrate about this tax bill

Since Congress included the waivers in their year-end government funding bill, Trump could sign the bill in 2017, allowing numerous tax cuts to take effect by next year.

While it's true that most Americans will see a small tax cut next year, the richest of the rich will see the vast bulk of the bill's benefits over the course of the next decade.

There were more big promises to come, including Trump's suggestion that he'll work with Democrats in the election year to rebuild the nation's roads and bridges. And I consider this very much a bill for the middle class and a bill for jobs.

The president said he had planned to wait until about January 7 to sign the tax-cut bill in a big public ceremony.

The tax bill is estimated to give 80 percent of taxpayers a tax cut, and represents Trump's first major legislative victory.

Donald Trump is a cancer, and the only way to save U.S. democracy is to remove him from office ASAP. President Donald Trump is expected to sign the measure on Friday before leaving Washington for a Christmas visit to his Florida estate.

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"I have some handsome pens over here and because all of these folks are either continuing to work down the road or getting ready to leave, and I'm sure they'll be working very hard also, I think I'm probably going to hand some of them to the press", Trump said".

Indian-American Congressman Raja Krishnamoorthi said the Republican tax bill would add almost Dollars 1.5 trillion to the national debt while raising taxes on working families, and destabilise health care system by leaving 13 million more Americans without insurance.

"President Trump later tweeted: "...the most hated part of ObamaCare is the individual mandate, which is being terminated under our just signed Tax Cut bill". He said he believed the tax law was "selling itself" to Americans when asked whether he would travel to promote it, and he asserted that Democrats already regret not supporting it.

WASHINGTON, D.C. (WBRE/WYOU-TV) Americans now have a new tax cut plan in place.

Because of the approved tax reform lead by his administration, the USA president was proud to announce that he was fulfilling his promise to the country.

Republicans are trying to navigate the "awful politics" of the tax bill by saying that everybody will "benefit from the explosion of growth and wages that cutting taxes on corporations will supposedly produce".

  • Sonia Alvarado