Deepertruth: The President Trump Successes Western Style - Promises Kept

Under President Trump’s leadership, Congress passed historic tax cuts and relief for hard-working Americans. The Tax Cuts and Jobs Act:

• Is the first major tax reform signed in 30 years. 
• Federal revenues are increasing as the economy grows. April 2018 had a record surplus of $214 billion.
• Over 500 companies (507) have announced bonuses, wage increases, and new investments. 
• Businesses have invested $482 billion in new, American projects and employees. 
• More than 4.8 million workers received increased wages or bonuses (3.7% of all private workers). 
• Provided $1.5 trillion in tax cuts to individuals.
• American families received $3.2 trillion in gross tax cuts and saw the child tax credit double.
• A family of four making $73,000 will get a cut of over $2,000-cutting their taxes in half. 
• Nearly doubled the standard deduction.
• Repealed Obamacare’s burdensome individual mandate.
• The bill provides a 20% deduction for small business income, which means $415 billion tax cut. 
• The President lowered the corporate tax rate was lowered from the highest in the industrialized world (35%) to 21%.