President Donald Trump revealed that he will be releasing a major surprise approximately one week before voters head to the polls for the November midterms. There’s absolutely no way the Democrats will be able to pull off a win now!
President Trump revealed on Saturday that he is set to deliver the one thing that could seal the deal for Republicans in the midterms: massive tax cuts for the middle class.
“We are looking at putting in a very major tax cut for middle-income people. And if we do that it’ll be sometime just prior, I would say, to November,” Trump told reporters after his rally in Nevada on Saturday. “We are studying very deeply right now round the clock a major tax cut for middle-income people.”
“Kevin Brady is working on it, Paul Ryan is working on it,” said Trump. “I would say sometime around the first of November, maybe a little before then.”
We already know that President Trump does not make promises he cannot keep; he has made a reputation for himself by delivering on all of the vows he made to voters on the campaign trail, and he’s less than two years into his term. Indeed, it is safe to say, at this point, that we can take the man at his word.
That having been said, if the president delivers these major tax cuts to the middle class by November as he stated, they will come at perhaps the most opportune time imaginable — just before the midterm elections, solidifying many a win for the Republicans.
TRUMP: "We are looking at putting in a very major tax cut for middle-income people. And if we do that it'll be sometime just prior to November. We are studying very deeply right now round the clock a major tax cut for middle income people."
(There are 11 days until November!) pic.twitter.com/imbnUKWU7P
— Aaron Rupar (@atrupar) October 20, 2018
In the past, Trump has taken criticism from Democrats for his tax cuts, which they claim only help large corporations and the top 1 percent. However, millions of Americans were given sizeable bonuses from those corporations after the president slashed taxes the last time around. House Minority Leader Nancy Pelosi (D-CA) famously referred to those bonuses, many of which amounted to as much as $1,000, as “crumbs.”
Walmart, for example, passed along the economic benefits of Trump’s tax cuts by offering one-time cash bonuses to employees of up to $1,000 and raising its starting salary in the U.S. to $11 per hour. You’d think this would have had Democrats like Pelosi jumping with joy. After all, $1,000 is enough to feed a family of four for an entire month, and aren’t these the people who are always whining about raising the minimum wage?
House Minority Leader Nancy Pelosi said businesses across the United States are handing out “crumbs” to employees as part of recent tax reform legislation signed by President Trump.
Walmart joined a growing list of companies on Thursday that are passing along the economic benefits of tax reform to employees, but Mrs. Pelosi is not impressed. She told reporters during her weekly press briefing that Walmart, Southwest Airlines and other companies are merely looking for good press.
“In terms of the bonus that corporate America received versus the crumbs that they are giving workers to kind of put the schmooze on is so pathetic. It’s so pathetic,” the California Democrat said.
“I would hope that with their big advantage of bringing money home at a very low rate that they would invest in infrastructure and things, but our experience has been that they will do dividends, do stock buybacks and things like that,” she continued. “I think it’s insignificant.” [Source: The Washington Times]
President Donald Trump said the tax cuts he is looking to implement soon will not be related to businesses whatsoever, but you can still expect some major pushback from Democrats, especially seeing as they have absolutely nothing to offer ahead of November’s midterms themselves. With Americans able to keep more money out of their hard-earned paychecks, you can bet they’ll be running to the polls to vote red. So much for that “Blue Wave” that they warned us was coming.