If anyone feels this is truly a duplicate of:
Is the GOP tax plan the 'largest tax cut in history'?
Feel free to close or delete the question. That question above was asked on 18 December 2017, before the bill passed into law. I thought now possibly a year on we may have a more clear insight on this question. Also the source of the information from the previous answer has sentences qualified by a condition such as "If they succeed...", because at that point the bill hadn't passed into law, and to be honest I'm not sure whether it was revised before it was passed from that point.
I watched a video on Fox News from yesterday where Sean Hannity makes the statement:
He gave us the largest tax cuts in history.
Link to video, at 1.50 in
I'll quickly summarise details given in the answer to the previous question asked:
According to a Reuters article titled Trump's tax cut won't be the biggest in US history
the planned tax cut would be the largest "corporate" tax cut in history.
In regard to individual top tax rate bracket, it seems Trump's cuts doesn't even come close to being the biggest.
The Reuters article claims that Reagan, Coolidge, Warren Harding, Lyndon Johnson and Kennedy dropped the top tax bracket by greater margins. It then goes on to look at another way to measure the tax cuts.
According the previous answer:
The Committee for a Responsible Federal Budget estimated that it would be the eighth-largest as a percentage of GDP. It would be fourth-largest in inflation-adjusted dollars.
So by what metrics would Sean Hannity's statement be a fair one? I understand that leaving aside the corporate tax rate, highest bracket tax rate and tax cut as percentage of gross domestic product, that many lower and middle class Americans got a tax cut, so I understand there are many other ways to approach this question. I was wondering if anyone could shed light on this.