Trump Wants New Tax Cuts by September 2020: Kudlow
President Donald Trump wants new tax cuts by September, economic adviser Larry Kudlow said.
The package could center around 10 percent tax cuts for the middle class, Kudlow, the national economic director, said during an appearance on Fox Business’ “Maria Bartiromo’s Wall Street ” late Thursday. The administration also wants to make other tax cuts permanent.
Kudlow said administration officials will probably use Office of Management and Budget Director Russell Vought’s $1.4 trillion budget request to craft the new package, dubbed “tax cuts 2.0.”
The package containing the fresh round of cuts will come out sometime in September, according to Kudlow.