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MarketWatch First Take: Trump’s ‘major’ tax promise is a sign that even he recognizes the 2017 tax cuts didn’t resonate with voters

President Donald Trump seems to have finally recognized the obvious: The American public doesn’t believe the tax-cut bill he signed into law in 2017 is benefiting them.

That can be the only explanation for his jaw-dropping contention — so incredible it really needs to be heard to be believed — that the White House and Congress are working on a “major” pre-election middle-income tax cut.

TRUMP: “We are looking at putting in a very major tax cut for middle-income people. And if we do that it’ll be sometime just prior to November. We are studying very deeply right now round the clock a major tax cut for middle income people.

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