In Reversal, Trump Says He Is No Longer Considering Tax Cuts – The Wall Street Journal

WASHINGTON—President Trump backed away from pursuing new tax cuts to bolster the U.S. economy, a sharp reversal from a day earlier, when he had described several such measures the White House was contemplating.

“I just don’t see any reason to,” Mr. Trump told reporters on the South Lawn of the White House when asked if he was pursuing any tax cuts. “We don’t need it. We have a strong economy.”

Mr….