Trump called on Congress to pass the largest tax cut in U.S. history, saying it would achieve short-term GDP growth of 3.3 to 3.8%"
Online reports that according to an official announcement from the White House, President Trump once again called on Congress to pass the "big and beautiful bill" to be the largest tax cut in U.S. history. After the bill is passed, it is expected that real GDP will increase by 3.3 to 3.8%, real GDP will increase by 2.6 to 3.2% in the long run; real wages will increase by US$3300 per year; middle-class household income will increase by US$5000 per year; 4.1 million new jobs will be created.
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