Trump unveils tax reform framework and falsely calls it the 'largest tax cut in American history'

On September 27, 2017, President Trump and Republican leaders released a tax reform framework proposing lower corporate and individual tax rates, a larger standard deduction, and the elimination of many deductions. Trump repeatedly promoted the plan as "the largest tax cut in American history," a claim that budget analysts and fact-checkers later found to be exaggerated, as past tax cuts were significantly larger as a percentage of GDP.

"the largest tax cut in American history" — During the unveiling of the tax reform framework on September 27, 2017.