ECONOMY/ELECTION/TAXES/TRUMP AS PRESIDENT: “The Trump administration is studying tax cuts to buttress long-term U.S. economic growth that could be rolled out during the 2020 election campaign but is not looking at action to counter any perceived economic weakness now, the White House economic adviser said on Thursday —8-22-19]…Kudlow’s remarks came as he tried to clear up confusion over the administration’s tax policies, fueled in part by President Donald Trump’s comments on taxes over the past few days. The Washington Post reported earlier this week that several senior White House officials had begun discussing a temporary cut to the payroll tax used to fund income and health payments for retirees. It said they also were studying other measures that could be rolled out in the event the economy faltered. The White House initially denied the tax cuts were being considered, but Trump said on Tuesday payroll taxes were being studied. Trump also said he was seriously considering indexing capital gains taxes to the inflation rate. On Wednesday [8-21-19], he said he was not studying that.”
–Reuters Staff, “White House mulling tax cuts but not to counter short-term weakness: adviser,” Reuters, August 23, 2019 9:30 am