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TRENDING TAGS
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- Sarah ten Siethoff is New Associate Director of SEC Investment Management Rulemaking Office
- Catherine Keating Appointed CEO of BNY Mellon Wealth Management
- Credit Suisse to Pay $47Mn to Resolve DOJ Asia Probe
- SEC Chair Clayton Goes 'Hat in Hand' Before Congress on 2019 Budget Request
- SEC's Opening Remarks to the Elder Justice Coordinating Council
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- Deutsche Bank Says 3 Senior Investment Bankers to Leave Firm
- World’s Biggest Hedge Fund Reportedly ‘Bearish On Financial Assets’
- SEC Fines Constant Contact, Popular Email Marketer, for Overstating Subscriber Numbers
- SocGen Agrees to Pay $1.3 Billion to End Libya, Libor Probes
- Cryptocurrency Exchange Bitfinex Briefly Halts Trading After Cyber Attack
- SEC Names Valerie Szczepanik Senior Advisor for Digital Assets and Innovation
- SEC Modernizes Delivery of Fund Reports, Seeks Public Feedback on Improving Fund Disclosure
- NYSE Says SEC Plan to Limit Exchange Rebates Would Hurt Investors
- Deutsche Bank faces another challenge with Fed stress test
- Former JPMorgan Broker Files racial discrimination suit against company
- $3.3Mn Winning Bid for Lunch with Warren Buffett
- Julie Erhardt is SEC's New Acting Chief Risk Officer
- Chyhe Becker is SEC's New Acting Chief Economist, Acting Director of Economic and Risk Analysis Division
- Getting a Handle on Virtual Currencies - FINRA
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The 'Man 'Who Would Be President' Plans to Unveil Major Tax Reform Next Week
Donald Trump says he will release tax reform package next week - and not just any tax reform.
- It will be a "massive tax cut" for businesses and individuals.
- It will be released just before '100-day mark' in office.
- It will be "bigger I believe than any tax cut ever."
The Man Who Would Be President. The President of the United States is arguably the most powerful person in the world. As such, his words are accorded a level of respect and gravitas that go unquestioned, which prompts friends and foes to parse every syllable hidden relevance.
Why, then, does President Trump still feel the need to constantly resort to hyperbole? Perhaps it's because Donald Trump is still running for the post - i.e., "the man who would be president.” - rather than focusing on the responsibilities of the chief executive of the country.
This latest announcement fits an eerily familiar news pattern While the President would not provide details of the plan, his comments nonetheless seem to contradict what Treasury Secretary Steven Mnuchin seems to nitially set a goal of getting tax reform passed by August, but that deadline has slipped. Mnuchin now says the administration still hoped to get a bill passed well before the end of the year.

