WASHINGTON — Two things can be true at once. President Donald Trump’s tax overhaul is slanted to the rich, as Democrats say and Republicans like to ignore. It also comes with tax cuts for average people, which Democrats bypass in slamming Trump’s “betrayal” of the middle class.
Trump’s signing of the tax bill into law on Friday capped a week also marked by a national security speech in which Trump misrepresented the records of his predecessors in his ceaseless effort to claim achievements that in many cases remain ambitions.
A look at statements by a variety of political players over the past week:
TRUMP: “The bottom line is, this is the biggest tax cuts and reform in the history of our country. This is bigger than, actually, President Reagan’s many years ago.” — remarks to reporters on Friday.
Click to continue reading. By the Associated Press, Dec. 23, 2017.