Trump and US taxes

"He's fine.We're more advanced than expected, I think, and let's announce something, I would say that in the next two or three weeks it will be spectacular in terms of taxes," Trump told a meeting with the presidents of top airlines Of the United States at the White House.

The president has not revealed details of the plan, but has repeatedly stressed that it seeks to achieve the largest tax cut since Reagan's presidency in the 1980s.

Financial markets have been optimistically welcomed by Trump's announcement and Wall Street earnings extended in time and three indicators traded at record levels, with the Dow Jones advance of 0.68%.

As part of its economic program, Trump has pledged aggressive fiscal stimulus package based on investment of millions of dollars in infrastructure and reductions in defense and taxation.

His nominee to run Treasury Steven Mnuchin, whose nomination is expected to be ratified by the Senate, said at its first confirmation hearing that the aim is to reduce the tax burden on citizens and businesses, and thus strengthen the competitiveness of the US economy . EFE