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The average American family will get $4,000 from tax cuts, Trump team says

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The White House is making a promise: The average American family would get a $4,000 raise under President Donald Trump’s tax plan.

Critics have slammed the plan as a giveaway to the wealthy, but the White House fought back Monday, releasing a white paper from Trump’s Council of Economic Advisers that argues that reducing the top corporate tax rate from 35 percent to 20 percent would boost middle-class incomes substantially.

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