U.S. President Donald Trump promised the largest tax reduction in American history, Daily Mail reported quoting Fox News.

“We're going to get a big reduction, we're going to bring business down from 15% to 20% from 36% and 38% and higher in some instances,” the president said.

'It will be the biggest tax cut since Reagan and probably bigger than Reagan,' Trump added.

Trump were repeatedly promising tax reform, but hasn't published the target indicators yet.