Trump’s tax-form claims are exaggerated

Staff Writer

WASHINGTON (AP) — On the eve of Tax Day, President Donald Trump is exaggerating the government’s plans to shrink the much-dreaded federal income tax forms.aa
He is promising a simplified, one-page tax form for next year that basically already exists — the 1040EZ. And after weeks of promises, Trump appears to be dropping a pledge to create an even smaller, card-size tax form. There are no signs the IRS is planning any such thing for the 2018 tax year.
Meantime, Trump’s tweet Monday accusing China and Russia of “playing the currency devaluation game” is at odds with the Treasury Department, which has not reached the same conclusion in recent economic reports.
A look at the statements and how they don’t hold up:
TRUMP: “Russia and China are playing the Currency Devaluation game as the U.S. keeps raising interest rates. Not acceptable.” — tweet Monday.
THE FACTS: Trump’s claim misstates the current economic situation and contradicts his own Treasury Department, which on Friday released a report showing no country was labeled a currency manipulator...To read more, please refer to our print or online edition.

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