9/14, 2:08 AM (Source: TeleTrader)
more TeleTrader news

Kudlow: Trump tax cuts coming in mid-2020

United States President Donald Trump's planned tax cuts will be unveiled in mid-2020, White House economic adviser Larry Kudlow said on Friday.

"We will gather together the best ideas from the Hill, the administration and outside folks to provide a significant new round of middle-class tax relief," Kudlow told reporters. However, the tax cuts are not "a recession measure at all," he highlighted.

Earlier this week, Trump also stated the tax cut for middle-income Americans will be unveiled "sometime in the next year." The president added the cut would be "very, very inspirational."

Breaking the News / JC