Trump Announces Plan To Sign Tax Bill Into Law Today | Zero Hedge
Description: "Will be signing the biggest ever Tax Cut and Reform Bill in 30 minutes in Oval Office. Will also be signing a much needed 4 billion dollar missile defense bill."
Keywords: Zero Hedge,Zerohedge,Finance,Economics,Markets,Politics,Analysis,White House
Date: 2013-01-07T00:00:00Z

### Bitcoin (BTCUSD) Breaking Daily Chart Upchannel Support

by Tradablepatterns - Dec 22, 2017 3:14 AM

### Prominent Names Within the Crypto Space Cash Out Their Positions

by Sprott Money - Dec 22, 2017 4:23 AM

The community around Cryptos has dramatically shifted and changed.

### Rosie O'Donnell Gets Called Out By Ben Shapiro Over $2 Million Bribe, Tells Him To "Suck My D*ck"

by ZeroPointNow - Dec 21, 2017 6:49 PM

18 U.S. Code § 201 - Bribery of public officials and witnesses

# Trump Announces Plan To Sign Tax Bill Into Law Today

by Tyler Durden
Dec 22, 2017 10:26 AM
0
SHARES

After days of speculation over whether Trump would sign his new tax reform bill this year or wait until January to avoid certain spending cuts (something we covered here), Trump has just announced that the tax bill, along with the missile defense bill, will be signed in the Oval Office later today before he heads off to Mar-A-Lago for Christmas.

> "Will be signing the biggest ever Tax Cut and Reform Bill in 30 minutes in Oval Office. Will also be signing a much needed 4 billion dollar missile defense bill."

> Will be signing the biggest ever Tax Cut and Reform Bill in 30 minutes in Oval Office. Will also be signing a much needed 4 billion dollar missile defense bill.

> — Donald J. Trump (@realDonaldTrump) December 22, 2017

Oddly, at least for Trump, the bill signing will be conducted in private rather than as part of a massive media event.

> Per senior administration official @POTUS will sign #TaxCut bill before departing WH for Mar-a-Lago this morning. Am advised signing will be private. WH event to celebrate slated for Jan. 3

> — Major Garrett (@MajorCBS) December 22, 2017

And just like that, the White House just delivered a $1,000 Christmas bonus to AT&T employees around the country...something that we're almost certain will result in another Trump tweet at some point today.

- White House

- Printer-friendly version
- Dec 22, 2017 10:26 AM
- 24

## Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
IH8OBAMA Dec 22, 2017 10:28 AM

I thought he was going to wait until after the end of the year to prevent some unfortunate side effects.

AlphaSeraph IH8OBAMA Dec 22, 2017 10:40 AM

There are now a lot of employees who will get a nice Christmas bonus and a lot of people looking on thinking that's a great thing. He just built himself a lot of political capital.

Bes AlphaSeraph Dec 22, 2017 10:46 AM

a 2-3% tax break on income doesn't even keep up with inflation

and anything they do buy will have sales tax which they can't deduct anymore

and the rich get 15%+ and even more extras

fucking pathetic

#thankstrump

Ajax-1 Bes Dec 22, 2017 10:48 AM

Had Hillda Beast been President, you would have gotten a lump of coal or a pink slip. I'll take what I can get.

Bes Ajax-1 Dec 22, 2017 10:52 AM

that's your bar? that's what trump had to be better than?

fucking pathetic.

that's some low ass expectations

and why we are racing to the bottom

--------

instead of holding anyone accountable and demanding better

what a pussy

you deserve the oligarch on your back

Bes IH8OBAMA Dec 22, 2017 10:41 AM

i thouught we elected a guy that was going to fight for the little guy

not the little millionaire and billionaire

#maga

Dr. Richard Head Bes Dec 22, 2017 10:42 AM

The little guy (47% of the population) pays no federal income taxes and often gets a subsidized refund on top of that. Why is it a problem to reduce the taxes of those that pay them?

44magnum Dec 22, 2017 10:34 AM

Much needed 4 billion missle defense? Yep just what the middle class NEED missle defense.

AlaricBalth 44magnum Dec 22, 2017 10:42 AM

Merry Christmas to Boeing Co., Raytheon Co., and Lockheed Martin Corp.

"For every boy and girl's Christmas stocking this year... a THAAD, Patriot, or Aegis platform missile system...Batteries are included!!!"

jfp661 AlaricBalth Dec 22, 2017 10:49 AM

At least they have to hire US citizens for those jobs!

Shed Boy Dec 22, 2017 10:34 AM

Meet the new boss...same as the old boss.

ConnectingTheDots Dec 22, 2017 10:34 AM

So typically government, announce a tax cut and new spending to help cover the revenue loss.

<Sheesh>

troubadourcapital Dec 22, 2017 10:35 AM

Interesting point to note: the stock market isn't going up on this news anymore. So from a short term perspective at least, the tax cut's impact on the stock market is priced in.

ebworthen Dec 22, 2017 10:36 AM

I like it, "strike while the iron is hot" and "get er done!".

Wall Street got $11+ Trillion of the debt, so $1.5 Trillion for us plebeians is fine.

ToSoft4Truth Dec 22, 2017 10:37 AM

I told you guys about the pricing at my local Walmart.

Eggs - .44 cent a dozen and 18 packs of eggs at .66 cent.

Now the same Walmart has jacked the prices up. $1.13 for the 18 pack.

Go Trump!!

agNau Dec 22, 2017 10:43 AM

Ever expanding debt is what underpins the US dollar currency system.
Missile Bill is another step towards war.

lester1 Dec 22, 2017 10:43 AM

Fake news told us he wouldn't sign the tax bill until next year. Wtf??

Kantbelieveit Dec 22, 2017 10:44 AM

Stealthy, low-flying cruise missiles are nearly undetectable, have thousand mile range, and can be launched from a shipping container. As far as ballistic missiles, for three decades there has been no successful intercept of a target ICBM using realistic decoys or terminal maneuvering, but the billions just keep on flowing into contractor pockets. Missile defense is a scandalous boondoggle concocted by the defense industry and politicians preying on a stupid and frightened electorate.

Dg4884 Dec 22, 2017 10:44 AM

Can't Stump the Trump.

MAGA

Ajax-1 Dec 22, 2017 10:45 AM

Thanks Santa Trump.

wmbz Dec 22, 2017 10:47 AM

Please sign it today! Libtard heads will be blowing off for Christmas!

jfp661 Dec 22, 2017 10:47 AM

Say what you want by just a reminder where everyone thought we would be over a year ago. https://www.270towin.com/2016-election-forecast-predictions/

It's a good day. Taxes are never a perfect thing, especially when people honestly expect something for nothing (i.e those who don't pay taxes). I will always say that loopholes across the board for all income levels should be eliminated and a flat tax (prob between 11% and 17%, graduated) would do the trick. Merry Christmas!

Consuelo Dec 22, 2017 10:48 AM

The excitement, cheering, etc., of announcing $Billions of dollars being spent, as opposed to $Billions of dollars being cut from government, shows how upside-down the body-politic has become, and that nothing short of a catastrophic event/s will ever turn the ship around.

RawPawg Dec 22, 2017 10:49 AM

What happened to the Mueller Pink Slip Handout?

it is Friday Dec. 22,right?

## User login

Username: *
Password: *

- Create new account
- Request new password

To prevent automated spam submissions leave this field empty.

- New Comments
12-22 10:58: "Death Wish" starring (Juggernaut x2)
12-22 10:58: TRUMP: Fire the corrupt (loveyajimbo)
12-22 10:58: Sure you did...links to (aloha_snakbar)
12-22 10:58: What a coincidence! GS&Co (LaugherNYC)
12-22 10:58: If you count every single mom (Endgame Napoleon)
12-22 10:58: Not the "FBI." Call it by its (lakecity55)
12-22 10:58: The solution is obvious: kill (gregga777)
12-22 10:58: Come on swedes, don't (aliens is here)
12-22 10:58: This is racism! The whites (Jonas)
12-22 10:58: Not sure if they have guns (Pumpkin)
- Today's Top Stories
440,447 - Is California Already In Recession?
317,208 - Is This Why Charlie Lee Sold His Litecoin?
245,048 - Bitcoin Plummets Below $14,000; Peter Schiff Says 'Mark It Zero'
147,883 - Hillary In The Crosshairs As DOJ Prosecutors Begin Asking FBI Agents About Uranium One
141,965 - "A Stunning Rebuke": 128 Nations Support UN Call For Trump To Withdraw Jerusalem Decision
65,982 - "It’s Unprecedented": Bank Of New York Freezes $23 Billion In Kazakh Assets
55,548 - 7 Reasons Why The US Canabis Industry Is About To Be "Rocked"
55,253 - Retired Green Beret Rages "We Are Long Past The Tipping Point"
54,998 - Is Facebook Using Your Phone's Camera And Microphone To Spy On You?
53,722 - David Stockman Warns "Gold Is The Only Safe Asset Left"

- Contact Information

Tips: tips [ at ] zerohedge.com

General: info [ at ] zerohedge.com

Legal: legal [ at ] zerohedge.com

Advertising: ads [ at ] zerohedge.com

Abuse/Complaints: abuse [ at ] zerohedge.com

Advertise With Us

- Suggested Reading

Make sure to read our "How To [Read/Tip Off] Zero Hedge Without Attracting The Interest Of [Human Resources/The Treasury/Black Helicopters]" Guide

It would be very wise of you to study our disclaimer, our privacy policy and our (non)policy on conflicts / full disclosure. Here's our Cookie Policy.

How to report offensive comments

Notice on Racial Discrimination.

- RanSquawk News
12-22 10:36: FX Weekly Wrap: Loonie run in to Xmas for the Cad
12-22 10:36: President Trump to sign USD 1.5tln tax bill later today
12-22 10:36: US New Home Sales Chg MM (Nov) 17.5% vs. Exp. -4.7% (Prev. 6.2%, Rev...
12-22 10:36: US U Mich 5-Yr Inf Final (Dec) 2.4% (Prev. 2.5%)
12-22 10:36: US U Mich Expectations Final (Dec) 84.3 vs. Exp. 85.0 (Prev. 84.6)
12-22 10:36: US U Mich 1Yr Inf Final (Dec) 2.7% (Prev. 2.8%)
12-22 10:36: US New Home Sales-Units (Nov) 0.733M vs. Exp. 0.654M (Prev. 0.685M,...
12-22 10:36: US U Mich Sentiment Final (Dec) 95.9 vs. Exp. 97.1 (Prev. 96.8)
- The Fly
12-22 10:36: Keefe Bruyette keeps $1 price targets on Fannie and Freddie
12-22 10:36: JD calls active as shares tick higher
12-22 10:36: iClick Interactive Asia opens at $8.50, IPO priced at $8.00 per share
12-22 10:36: On The Fly: Top analyst initiations
12-22 10:36: On The Fly: Top analyst downgrades
12-22 10:36: On The Fly: Top analyst upgrades
12-22 10:36: iClick Interactive Asia indicated to open at $8.50, IPO priced at $8....
12-22 10:36: MGIC addresses proposed changes to PMI eligibility requirements
- Street Insider
12-22 10:36: Seaport Global Securities Starts Motif Bio plc (MTFB) at Buy, 'The hunt for the next novel antibiotic starts with iclaprim'
12-22 10:36: Standpoint Research's Ronnie Moas Buys Bitcoin Dip
12-22 10:36: Trump Confirms He Will be Signing Tax Bill Shortly
12-22 10:36: Riot Blockchain (RIOT) volatility spikes as shares sell off 17%
12-22 10:36: Riot Blockchain (RIOT) call put ratio 1 call to 1.71 puts as shares sell off 16%
12-22 10:36: Weight Watchers (WTW) sees sharp gain; shares up 5%
12-22 10:36: Overstock.com (OSTK) short duration option implied volatility increases as shares sell off 7%
12-22 10:36: Advanced Micro Devices (AMD) short duration option implied volatility increases as shares sell off 5%