Rates in the history of our country. wages are rising fast. and they are growing twice as fast for low-income workers. they have the biggest percentage increase, low-income workers. 1.3 million fewer children live in poverty today than when i was elected. 1.3 million people. i killed a record number job killing regulations. we passed the largest package of tax cuts and reforms in american history. nearly $1 trillion has already been poured back home. it s coming back in. remember, people would have their money over there. they couldn t bring it back in. it was prohibitive, the legislation was impossible. we got rid of it. over $1 trillion now has been brought back in. and it s being spent building in the united states instead of
Wages are rising fast. and they are growing twice as fast for low-income workers. they have the biggest percentage increase, low-income workers. 1.3 million fewer children live in poverty today than when i was elected. 1.3 million people. i killed a record number job killing regulations. we passed the largest package of tax cuts and reforms in american history. nearly $1 trillion has already been poured back home. it s coming back in. remember, people would have their money over there. they couldn t bring it back in. it was prohibitive, the legislation was impossible. we got rid of it. over $1 trillion now has been brought back in. and it s being spent building in the united states instead of building overseas.
Back, and to the people of new mexico. we ve got a record number of job killing regulations, saving the average american household $3,000. we passed the largest package of tax cuts and reforms in american history. they ve seen the tax bill reduced by more than $2,000. it s one of the reasons you look at asia and china is not doing too well. let s be honest with you. we are here in 57 years, we have
We re at 41%, 42% different places, different areas. but we took it down from probably on average, 41%, 42%, depending on what state you re talking about. sometimes, much higher than that to 21%. and people were pretty amazed that we got that through. but what it meant was tremendous investment in jobs. because capital investment is now 100% deductible. and that s something that people thought would never happen. they d never see. you have one year deductions where it used to be in many cases 40-year deductions. we ve cut red tape and job killing regulations at an unprecedented rate. the most ever by a president. and you could take four years or eight years, or more than that, in one case. and the fact is that nobody has ever cut regulations like we have. we ve eliminated more than 30,000 pages from the federal
42% different places, different areas, but we took it down from probably on average 41, 42% depending on what state you re talking about, sometimes much higher than that to 21% and people were amazed we got that through. but what it meant is tremendous investment and jobs because capital investment is now 100% deductible and that s something that people thought would never happen. they d never see. you have one year deductions where it used to be in many cases 40 year deductions and we ve cut red tape and job killing regulations at an unprecedented rate. the most ever by a president and you could take four years or eight years or more than that in one case. and the fact is that nobody has ever cut regulations like we have. we ve eliminated more than 30,000 pages from the federal