Is Trump's massive tax cuts timely?

Is now really the time for massive tax cuts?

America's economy and jobs market look quite healthy right now. But President Trump is demanding very expensive surgery anyway.
New numbers released Friday show that the U.S. has grown at 3% for back-to-back quarters for the first time in three years. Unemployment is sitting at just 4.2%, the lowest in 16 years. And consumer sentiment rose in October to levels unseen since early 2004.
Despite the obvious strength in the economy, Trump recently promised on Twitter the "biggest TAX CUT" ever, adding "we need it!"
Trump says he wants to push through both tax reform, which would modernize the outdated tax code, and to provide tax cuts to individuals and businesses.
Given how healthy the economy is, some economists are mystified over Trump's urgent push for tax cuts that are likely to be paid for by adding to America's mountain of debt. Read more...

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