Trump Announces Plan To Sign Tax Bill Into Law Today

Tyler Durden's picture

After days of speculation over whether Trump would sign his new tax reform bill this year or wait until January to avoid certain spending cuts (something we covered here), Trump has just announced that the tax bill, along with the missile defense bill, will be signed in the Oval Office later today before he heads off to Mar-A-Lago for Christmas. 

"Will be signing the biggest ever Tax Cut and Reform Bill in 30 minutes in Oval Office. Will also be signing a much needed 4 billion dollar missile defense bill."

Oddly, at least for Trump, the bill signing will be conducted in private rather than as part of a massive media event.

And just like that, the White House just delivered a $1,000 Christmas bonus to AT&T employees around the country...something that we're almost certain will result in another Trump tweet at some point today.

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IH8OBAMA's picture

I thought he was going to wait until after the end of the year to prevent some unfortunate side effects.

 

AlphaSeraph's picture

There are now a lot of employees who will get a nice Christmas bonus and a lot of people looking on thinking that's a great thing. He just built himself a lot of political capital.

Bes's picture

a 2-3% tax break on income doesn't even keep up with inflation

and anything they do buy will have sales tax which they can't deduct anymore

and the rich get 15%+ and even more extras

fucking pathetic

#thankstrump

 

Ajax-1's picture

Had Hillda Beast been President, you would have gotten a lump of coal or a pink slip. I'll take what I can get.

Bes's picture

that's your bar?  that's what trump had to be better than?

fucking pathetic.

that's some low ass expectations

and why we are racing to the bottom

--------

instead of holding anyone accountable and demanding better

what a pussy

you deserve the oligarch on your back

Bes's picture

i thouught we elected a guy that was going to fight for the little guy

not the little millionaire and billionaire

#maga

Dr. Richard Head's picture

The little guy (47% of the population) pays no federal income taxes and often gets a subsidized refund on top of that.  Why is it a problem to reduce the taxes of those that pay them? 

44magnum's picture

Much needed 4 billion missle defense? Yep just what the middle class NEED missle defense.

AlaricBalth's picture

Merry Christmas to Boeing Co., Raytheon Co., and Lockheed Martin Corp. 

"For every boy and girl's Christmas stocking this year... a THAAD, Patriot, or Aegis platform missile system...Batteries are included!!!"

jfp661's picture

At least they have to hire US citizens for those jobs!

Shed Boy's picture

Meet the new boss...same as the old boss.

ConnectingTheDots's picture

So typically government, announce a tax cut and new spending to help cover the revenue loss.

<Sheesh>

troubadourcapital's picture

Interesting point to note: the stock market isn't going up on this news anymore. So from a short term perspective at least, the tax cut's impact on the stock market is priced in.

ebworthen's picture

I like it, "strike while the iron is hot" and "get er done!".

Wall Street got $11+ Trillion of the debt, so $1.5 Trillion for us plebeians is fine.

ToSoft4Truth's picture

I told you guys about the pricing at my local Walmart.

Eggs - .44 cent a dozen and 18 packs of eggs at .66 cent.

Now the same Walmart has jacked the prices up.   $1.13 for the 18 pack.

 

Go Trump!!

agNau's picture

Ever expanding debt is what underpins the US dollar currency system.
Missile Bill is another step towards war.

lester1's picture

Fake news told us he wouldn't sign the tax bill until next year. Wtf??

Kantbelieveit's picture

Stealthy, low-flying cruise missiles are nearly undetectable, have thousand mile range, and can be launched from a shipping container. As far as ballistic missiles, for three decades there has been no successful intercept of a target ICBM using realistic decoys or terminal maneuvering, but the billions just keep on flowing into contractor pockets. Missile defense is a scandalous boondoggle concocted by the defense industry and politicians preying on a stupid and frightened electorate.

Dg4884's picture

Can't Stump the Trump.

MAGA

Ajax-1's picture

Thanks Santa Trump.

wmbz's picture

Please sign it today! Libtard heads will be blowing off for Christmas!

jfp661's picture

Say what you want by just a reminder where everyone thought we would be over a year ago.  https://www.270towin.com/2016-election-forecast-predictions/

It's a good day.  Taxes are never a perfect thing, especially when people honestly expect something for nothing (i.e those who don't pay taxes).  I will always say that loopholes across the board for all income levels should be eliminated and a flat tax (prob between 11% and 17%, graduated) would do the trick.  Merry Christmas!

 

Consuelo's picture

 

 

The excitement, cheering, etc., of announcing $Billions of dollars being spent, as opposed to $Billions of dollars being cut from government, shows how upside-down the body-politic has become, and that nothing short of a catastrophic event/s will ever turn the ship around.   

RawPawg's picture

What happened to the Mueller Pink Slip Handout?

it is Friday Dec. 22,right?