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Trump says he'll work with Republicans in Congress to 'dramatically' cut taxes

ReutersFeb 19, 2025 11:35 PM

- U.S. President Donald Trump on Wednesday said he is going to work with Republicans in Congress to "dramatically" cut taxes for individuals and companies.

"We're going to dramatically cut taxes for families and for workers and for companies, including no tax on tips and hopefully no tax on social security and no tax on overtime," Trump said at a conference hosted by Saudi Arabia's sovereign wealth fund in Miami.

Trump said his administration will also cut taxes on domestic producers of oil and gas.

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