President Trump says he wants to overhaul the U.S. tax code by Christmas.
At a White House meeting with business groups, Trump said he wants the House to pass a tax bill by Thanksgiving, with final approval by the end of the year. He said the bill will not only provide cuts and relief, but reform and also simplification. He added the U.S. economy is doing well, but it could do better.
Trump said the tax cuts will be “really historic” and “there’s never been anything like this in the history of our country.”