It’s big league’: Trump promises a ‘phenomenal’ tax cut plan for businesses in coming week – as stocks notch record close in anticipation

Cutting taxes is good. We need to cut spending too however.

(From The Daily Mail)

President Donald Trump said his administration would be announcing a ‘big league’ tax cut that would lower the burden on businesses within the next two or three weeks.

The revelation saw the Dow Jones industrial average rise around 115 points to a record, with Goldman Sachs contributing the most gains.

‘Lowering the overall tax burden on American business is big league, that’s coming along very well,” Trump said at the top of a White House meeting with airline industry executives Thursday.

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