April 19, 2019

Today is the final day to file, pay 2018 taxes

16 April 2019, 02:07 | Joann Bryant

Trump touts tax cuts with Tax Day trip

Trump en route to the Twin Cities for tax event

"According to the national survey of 102 Certified Public Accountants-representing over 5,500 small business pass through clients across the US -conducted by Research Strategy Group International, almost 80 percent of respondents believe that the implementation of the tax cuts legislation has helped America's small businesses", the pro-small business organization said in a statement timed for tax day. "I would say Americans approve of a prosperous economy" that has been rebuilt by Trump's policies. "It's incredible what's happening", Trump said.

Most economists - including at the Federal Reserve - anticipate growth will slump this year to just above 2 percent as the stimulus from the tax cuts wanes.

"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.

"Remember, I got elected last time - the same exact issue, with same intensity, which wasn't very much because, frankly, the people don't care", he asserted. He claimed his tax cuts are the largest in USA history, but the facts show otherwise.

So far Trump doesn't appear to be getting much credit for the tax changes.

April 15 is the final day to file and pay your 2018 taxes.

Trump bucked decades of presidential tradition by declining to show voters his tax filings, both as a candidate and as president.

Trump's tax day visit also renews attention on his refusal to release his tax returns.

Speaking at a trucking company in the Minneapolis suburb of Burnsville on Monday, Trump said he hoped his economic message would be met with enthusiasm from a state that he came within 1.5 percentage points of carrying in 2016. Speaking of the scene outside the warehouse, he added: "I see American flags waving all over and it's attractive".

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