President Trump in an early morning tweet on Tuesday predicted an economic boost after the expected passage of the GOP tax-reform plan in Congress.
“Stocks and the economy have a long way to go after the Tax Cut Bill is totally understood and appreciated in scope and size,” Trump said.
“Immediate expensing will have a big impact. Biggest Tax Cuts and Reform EVER passed. Enjoy, and create many beautiful JOBS!”
{mosads}The president’s tweet comes as both the House and Senate prepare to vote this week on a tax-reform plan that includes a permanent cut to the corporate tax rate.
A CNN poll released early Tuesday found that 55 percent of respondents oppose the legislation, which Republicans are aiming to pass before the Christmas holiday. Thirty-three percent of those polled said they support the GOP tax plan.
The bill’s passage would provide Trump with the first major legislative win after Republicans’ repeated attempts to pass health-care legislation.