It’s Official! Senate Passes Trump Tax Cuts! President Gives Americans Greatest Christmas Present in Decades!

Guest post by Joe Hoft

After months of work and last minute alterations, the US Senate passed President Trump’s tax cuts in a vote of 51 – 49. No Democrats voted for the bill. President Trump noted earlier this week, Democrats only want to increase taxes on working Americans.

From the Oval Office, the President stated that Democrats only want tax increases –

The final vote for tax cuts was voted on by all but one Republican Senator, Bob Corker from Tennessee voted against the bill.  Corker has already announced that he is not running for reelection next year since he is way behind in polls in his home state after loudly trashing President Trump.  Corker’s vote appears more of an immature response to the President than a vote for what’s best for his constituents.

President Trump tweeted tonight that the tax bill will be great for America by touting 137 economists who support the cuts –

Economists on the TAX CUTS and JOBS ACT:“The enactment of a comprehensive overhaul – complete with a lower corporate tax rate – will IGNITE our ECONOMY with levels of GROWTH not SEEN IN GENERATIONS…”

The tax bill is represents the biggest overhaul of the US tax system since the 1980’s under President Reagan.  Through decreased tax rates and higher deductions, nearly every American is expected to save money in their annual tax bill.  Corporations and companies are also expected to benefit with the federal tax rate dropping drastically from 35 percent to around 20 percent.  Expectations are that the US companies will be much more competitive on a global basis after the cuts are in place which will increase incomes and jobs in the US.

The tax cuts will ignite an already record-setting economy.  Under President Trump the stock markets are at all time record setting highsUnemployment is at lows not seen in years.  Nearly 2 million jobs have been created since last year’s election and the debt to GDP is decreasing.

The economy is already on fire – with these tax cuts the American economy will explode!

Winning, Winning, Winning, Record Setting!


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Jim Hoft is the founder and editor of The Gateway Pundit, one of the top conservative news outlets in America. Jim was awarded the Reed Irvine Accuracy in Media Award in 2013 and is the proud recipient of the Breitbart Award for Excellence in Online Journalism from the Americans for Prosperity Foundation in May 2016. In 2023, The Gateway Pundit received the Most Trusted Print Media Award at the American Liberty Awards.

You can email Jim Hoft here, and read more of Jim Hoft's articles here.


Thanks for sharing!