“The only thing he was right about is I gave you the largest tax cut in history.”—TrumpThis is false. Trump’s tax cut amounted to nearly 0.9 percent of the gross domestic product, meaning it was far smaller than President Ronald Reagan’s tax cut in 1981, which was 2.89 percent of GDP. Trump’s tax cut is the eighth-largest in the past century — and smaller than two tax cuts passed under Barack Obama. Trump’s tax cut was heavily tilted toward the wealthy and corporations.