Economy

Percent of Accountants Say Tax Cuts Helped Small Businesses

Percent of Accountants Say Tax Cuts Helped Small Businesses

"Losing? People who thought that getting a tax cut would mean a bigger tax refund", Romans explained. "I would say Americans approve of a prosperous economy" that has been rebuilt by Trump's policies.

"It is quite a bit earlier than it was mainly due to the Tax Cuts and Jobs Act, which reduced federal tax liability quite a bit", Pomerleau said.

Reporters traveling with the president said Trump's motorcade pulled up on the tarmac at Joint Base Andrews in Maryland about 11:26 a.m. "This is the hottest economy in the world".

President Trump spent his tax filing day in Minnesota, where he touted his $1.5 trillion package of corporate and individual tax cuts he signed into law in 2017 and made a pitch for his 2020 reelection. He claimed his tax cuts are the largest in USA history, but the facts show otherwise. But so far, the tax cuts haven't delivered a major shot of financial adrenaline to most families.

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"For many, it means those workers took home more money in their paychecks during the year because employers began using the new IRS income tax withholding tables".

President Trump has repeatedly refused to hand over his tax returns, saying his legal team has advised him not to, claiming he us under audit, even though audits do not prohibit him from doing so. He says he won't release the returns because he's being audited by the IRS though the agency says an audit bars no one from making their returns public.

The president's trip to Minnesota is also significant given that he lost the state, which is a traditional Democratic stronghold, by just two points in 2016.

Minnesota, which gave the country Vice Presidents Hubert Humphrey and Walter Mondale, both Democrats, hasn't given its 10 electoral votes to a Republican since Richard Nixon in 1972.