Trump says tax plan will boost stock market
President Trump pushed his tax reform plan in a series of tweets Wednesday morning, saying it will make the stock market “grow by leaps and bounds.”
“Stock Market has increased by 5.2 Trillion dollars since the election on November 8th, a 25% increase. Lowest unemployment in 16 years,” Trump wrote on Twitter.
“If Congress gives us the massive tax cuts (and reform) I am asking for, those numbers will grow by leaps and bounds. #MAGA,” he continued.
But he said the news media isn’t giving him enough credit for the sterling Wall Street numbers and said Democrats want “massive tax increases.”
“It would be really nice if the Fake News Media would report the virtually unprecedented Stock Market growth since the election.Need tax cuts,” he wrote. “The Democrats want MASSIVE tax increases & soft, crime producing borders. The Republicans want the biggest tax cut in history & the WALL! ”
The president is traveling to Harrisburg, Pa., Wednesday afternoon to pitch his tax reform plan to a group of truckers.
“When your trucks are moving, America is growing. That is why my administration is taking historic steps to remove the barriers that slow you down. America first means putting American truckers first,” Trump will tell them, according to excerpts of his speech released by the White House.