EFE/Michael Reynolds

Washington / The president of the United States, Donald Trump, has celebrated in style to have achieved the approval of the “largest tax cut in the history” of the country, as he said, after the Congress gave final approval to his much sought reform fiscal.

U.S. Congress finally approved the tax reform promoted by the tycoon after a procedural error forced on Tuesday to make a last minute modification before being approved by the Senate.

Thus, the Republicans have completed the largest fiscal cut in decades, which nevertheless will add almost $ 1.5 trillion to the US deficit.

“I promised the Americans a big and beautiful tax cut for Christmas,” the tycoon said.

“With the final approval of this legislation, that is exactly what they are getting. I would like to thank the members of Congress who supported this historic bill, which represents an extraordinary victory for American families, workers and businesses”, the President added, referring to the first comprehensive tax reform in the United States. since 1986

Trump said that unemployment continues to fall in the country, that “the stock market is at a record level” and promised that wages “will soon rise”.

During the celebration summoned in the gardens of the Rose Garden of the White House, and flanked by the main architects of the project in the Legislative, Trump said that the effort had been “an incredible experience” and affirmed that it is the “biggest tax cut in the history “of the United States.

As indicated, an average family of four who earn $75,000 a year, will receive approximately a cut of $ 2,000 per year on the occasion of tax reform.

However, the text is basically aimed at cutting taxes on large incomes and businesses, significantly reducing contributions to the Treasury for companies from 35% to 21%.

For their victory, however, the Republicans have had to resort to an unorthodox legislative technique for a legal reform of this draft, preventing any kind of obstruction of the Democrats in the Senate, where the Conservatives have a very tight majority.

The Democrats have assured that this measure will “destroy the country” and have warned the Republicans that they will “regret” what they have done today.

From Washington to EFE Agency, Raquel Godos. (December 21, 2017, EFE/Practica Español)

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