YOUR tax cuts, 6 months in
On December 22, 2017, President Trump signed into law the first real overhaul of the U.S. tax code in more than 30 years. The Tax Cuts and Jobs Act reduced taxes for the middle class, made American employers more competitive, and ensured that all American workers are able to keep more of their hard-earned money.Six months later, unemployment has fallen to 3.8 percent, and more than 500 companies have announced benefits for their workers that include pay raises, bonuses, and expanded education support. Today, the President will highlight stories from working families that show how tax cuts have made their hard work pay off like never before.
Video of the day: President Trump breaks ground on new factory
With President Trump in attendance, electronics manufacturer Foxconn broke ground yesterday on a huge new plant in Mount Pleasant, Wisconsin. Once fully operational, the 20 million square foot campus will employ 13,000 American workers."It would never have happened without the promise of the Trump tax cuts and the President's personal intervention," Commerce Secretary Wilbur Ross writes. "As important as the new factory is to the workers of Wisconsin, the facility is also a symbol of what is to come: It is the first of a large number of investments in advanced manufacturing facilities being reshored from overseas locations back to the United States."
Secretary Ross: Foxconn investment is a sign of more to come.
Photo of the Day
Official White House Photo by Shealah Craighead
President Donald J. Trump participates in the groundbreaking ceremony of the Foxconn Facility | June 28, 2018
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