Trump signs tax code rewrite into law | WORLD
Logo
Sound journalism, grounded in facts and Biblical truth | Donate

Trump signs tax code rewrite into law


President Donald Trump on Friday signed into law the tax overhaul bill Republicans hope will jump-start economic growth and put more money in most Americans’ pockets. Trump said he initially planned to wait until Jan. 1 to sign the bill but changed his mind. Before a low-key signing ceremony, the president touted the size of the tax cut, saying “the numbers will speak.” Critics have blasted the bill for giving bigger cuts to wealthy Americans and corporations. Republicans insist tax cuts for the wealthy will trickle down to the middle class in the form of wage increases and better job opportunities. This is the first major overhaul of the tax code since 1986.


Leigh Jones

Leigh is features editor for WORLD. She is a World Journalism Institute graduate who spent six years as a newspaper reporter in Texas before joining WORLD News Group. Leigh also co-wrote Infinite Monster: Courage, Hope, and Resurrection in the Face of One of America's Largest Hurricanes. She resides with her husband and daughter in Houston, Texas.


An actual newsletter worth subscribing to instead of just a collection of links. —Adam

Sign up to receive The Sift email newsletter each weekday morning for the latest headlines from WORLD’s breaking news team.
COMMENT BELOW

Please wait while we load the latest comments...

Comments