Trump calls on Congress to pass the largest tax cut in US history, stating that it will achieve a short-term GDP growth of 3.3% to 3.8%

律动BlockBeats
律动BlockBeats|Apr 30, 2025 17:06
BlockBeats News: On May 1st, according to an official announcement from the White House, President Trump once again called on Congress to pass the "Big and Beautiful Bill", which is the largest tax reduction measure in US history. After the bill is passed, it is expected to: Real GDP is expected to grow by 3.3% to 3.8% in the short term and 2.6% to 3.2% in the long term; Increase actual salary by $3300 per year; The income of middle-class families will increase by $5000 per year; An additional 4.1 million job positions will be created.
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