TELETRADER News
8/11, 12:33 AM (Source: TeleTrader)
more TeleTrader news

Considering middle-income tax cut - Trump

United States President Donald Trump revealed on Monday his administration is considering to introduce capital gains tax cut along with income tax cut for middle-income families.

Commenting on the country's economy, Trump insisted there is no reason it couldn't grow at a 20% rate in the third quarter of the year. Furthermore, he said the government intends to terminate the federal payroll tax.

Meanwhile, Treasury Secretary Steven Mnuchin commented on the enhanced unemployment payments saying the federal states will be able to go through with the plan "within the next week or two."

Breaking the News / ND