Trump 'celebrating' tax day in Minnesota

Kenny Grant
April 16, 2019

President Donald Trump says he's celebrating Tax Day.

Reporters traveling with the president said Trump's motorcade pulled up on the tarmac at Joint Base Andrews in Maryland about 11:26 a.m.

The president showed the audience a printout of the New York Times article during a roundtable discussion in Minnesota to promote its success in boosting the economy.

About 7 of 10 taxpayers told a recent CBS News poll they either saw no change or are paying more in taxes because of the Tax Cuts and Jobs Act, the sweeping tax overhaul that was signed into law by Mr. Trump at the end of 2017.

Most economists - including at the Federal Reserve - anticipate growth will slump this year to just above 2 percent as the stimulus from the tax cuts wanes. "In other words, you paid less in taxes, but you still got a smaller refund".

Larry Kudlow, director of the president's National Economic Council, pushed back against critics who argue the reductions benefited corporations more than average Americans. "This is the hottest economy in the world".

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"Today is tax day", Trump said to boos, according to pool reports. And there's something to their gut instinct: The top 1 percent of income earners received an average tax cut of $51,310 past year, or more than $900 per week, the Tax Policy Center said in its analysis.

In October, a New York Times investigation found that for years Trump engaged in schemes created to avoid taxes - some of which might have been illegal - as he became wealthy from his father's real estate empire.

This was President Trump's third visit to Minnesota in a year. A key House committee, citing a 1920s law, has given the administration until April 23 to hand over six years' worth of Trump's business and personal returns.

Trump has refused to make his tax returns public.

Trump narrowly lost Minnesota to Democrat Hillary Clinton in 2016 and is hoping to flip the state in 2020. Walz and Klobuchar, who is running for president in 2020, are both Democrats; Trump is a Republican.

Political analyst Blois Olsen says Trump is focused on Minnesota because he loves to win, and this is a state he nearly won.

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