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Rattner: Trump’s promise of ‘no income tax’ is “ridiculous” under basic math

“Next year, you will also see the results of the largest tax cuts in American history, that were really accomplished through our great, ‘Big, Beautiful Bill,’ perhaps the most sweeping legislation ever passed in Congress,” President Trump said while touting the accomplishments of his administration so far. The Economic Recovery Tax Act of 1981 is considered to be the largest tax cut in the United States, according to The Tax Foundation, with a revenue change of -2.89%, whereas the “One, Big, Bea