Trump Signs Tax Bill Into Law: Merry Christmas America!
Winning! I am one darn happy Deplorable. How about you?
President Donald Trump signed his first major legislative triumph a $1.5 trillion tax overhaul expected to trigger tax cuts for most Americans next year, as well as a temporary spending bill that keeps the government running through mid-January.
The Senate approved Trump’s tax bill 51-48 in a midnight showdown earlier this week.
This is the biggest tax overhaul in 30 years. President Trump signed the tax bill into law Friday before heading to Mar-a-Lago. POTUS Trump touted all of the perks in the tax bill. Trillions of dollars will be returning to the US from overseas:
— Fox News (@FoxNews) December 22, 2017
President Trump also blasted Democrats on Twitter saying they only want to raise your taxes!
95% of Americans will pay less or, at worst, the same amount of taxes (mostly far less). The Dems only want to raise your taxes!
— Donald J. Trump (@realDonaldTrump) December 22, 2017
White House Press Secretary Sarah Huckabee Sanders tweeted, “.
@POTUS delivers. Tax cuts signed. Economy booming. America winning again!”
— Sarah Sanders (@PressSec) December 22, 2017
A quick recap of the positive response from corporations to Trump’s tax bill so far:
TRUMP EFFECT: There’s more… Fifth Third Bancorp announced it will “raise its minimum hourly wage for all employees to $15, and distribute one-time bonus of $1,000 to more than 13,500 employees.” Read more at TGP.