Historical Day For The American Nation: The 'Tax Cuts And Jobs Act' Was Signed By The Senate
December 21, 2017 13:00
The world is slowly emerging from the financial crisis, and governments all over the world are changing their economic policies. President Trump will be signing the long-awaited 'Tax Cuts and Jobs Act' that was proposed by the Republicans.
What is the 'Tax Cuts and Jobs Act'?
Proposed by the Republicans, the Act was signed on December 20th, 2017 by the Senat. It is basically a structural overhaul of the tax system but one of the largest ever. Effectively, it means a $1.3 trillion tax cut, and you can understand why it was named a historic day. This huge sum of money will have positive life-altering consequences on the American people.