White House working on second-term tax cut package: Kudlow

Market news

15 November 2019

White House working on second-term tax cut package: Kudlow

The White House is working on a tax cut package for implementation in a second term of U.S. President Donald Trump, White House economic adviser Larry Kudlow said.

Kudlow said the tax cuts would be aimed at bolstering growth and providing tax relief to middle-income families. He said it was in the very early stages, but details would be released next year as part of the 2020 presidential campaign.

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