2882d ago / 2:20 AM UTC

Fact check: Trump touts GOP tax cuts as 'biggest' in U.S. history

“Just as I promised the American People from this podium 11 months ago, we enacted the biggest tax cuts and reform in American history,” Trump said.

This claim is false. The GOP tax bill, passed in December, does not amount to the "biggest" in U.S. history, according to the non-partisan Committee for a Responsible Federal Budget. According to their estimates, Trump's tax cut is the eighth biggest in history.

As for the reform aspect: "It’s hard to mathematically measure how reform-y your tax plan is," said Kyle Pomerleau, the director of federal projects at The Tax Foundation, an independent tax policy think tank. Still, Ronald Reagan's 1986 reform simplified the tax code in a big way and was probably more "reformish," Pomerleau told NBC News.

×
AdBlock Detected!
Please disable it to support our content.

Related Articles

Donald Trump Presidency Updates - Politics and Government | NBC News Clone | Inflation Rates 2025 Analysis - Business and Economy | NBC News Clone | Latest Vaccine Developments - Health and Medicine | NBC News Clone | Ukraine Russia Conflict Updates - World News | NBC News Clone | Openai Chatgpt News - Technology and Innovation | NBC News Clone | 2024 Paris Games Highlights - Sports and Recreation | NBC News Clone | Extreme Weather Events - Weather and Climate | NBC News Clone | Hollywood Updates - Entertainment and Celebrity | NBC News Clone | Government Transparency - Investigations and Analysis | NBC News Clone | Community Stories - Local News and Communities | NBC News Clone