Treasury Secretary Can't Guarantee Middle Class Will Benefit From Trump Tax Plan

Lakhota

Diamond Member
Jul 14, 2011
158,867
74,341
2,330
Native America
Like Trump’s tax plan itself, Steve Mnuchin’s explanation was short on details.

Treasury Secretary Steve Mnuchin on Thursday argued that President Donald Trump’s proposed tax plan would benefit the middle class ― but he wouldn’t say definitively whether middle-class Americans would pay more or less under the plan.

Like the plan itself, unveiled Wednesday, Mnuchin’s explanation was short on details.

“This is about middle-income tax cuts,” the secretary told ABC’s George Stephanopoulos. “Although we’re not releasing the specific numbers, this is about creating economic effects and tax cuts for the middle class.”

But when asked if he could ensure that the middle class would not pay more under the plan, Mnuchin would not say, claiming the details were “very complicated.”

“I can’t make any guarantees until this is done and on the president’s desk,” he said. But he added that “this is our number one objective.”

More: Treasury Secretary Can't Guarantee Middle Class Will Benefit From Trump Tax Plan

So, are Trump supporters happy that his tax plan will likely only benefit the rich? BTW, why is it that Republicans only obsess about the national debt when Democrats are in power - but ignore it when they are in power?
 
So Trump's people can't guarantee that the President's guarantee for tax cuts is guaranteed?
 
Like Trump’s tax plan itself, Steve Mnuchin’s explanation was short on details.

Treasury Secretary Steve Mnuchin on Thursday argued that President Donald Trump’s proposed tax plan would benefit the middle class ― but he wouldn’t say definitively whether middle-class Americans would pay more or less under the plan.

Like the plan itself, unveiled Wednesday, Mnuchin’s explanation was short on details.

“This is about middle-income tax cuts,” the secretary told ABC’s George Stephanopoulos. “Although we’re not releasing the specific numbers, this is about creating economic effects and tax cuts for the middle class.”

But when asked if he could ensure that the middle class would not pay more under the plan, Mnuchin would not say, claiming the details were “very complicated.”

“I can’t make any guarantees until this is done and on the president’s desk,” he said. But he added that “this is our number one objective.”

More: Treasury Secretary Can't Guarantee Middle Class Will Benefit From Trump Tax Plan

So, are Trump supporters happy that his tax plan will likely only benefit the rich? BTW, why is it that Republicans only obsess about the national debt when Democrats are in power - but ignore it when they are in power?

Why does any far left drone care about the middle class when Obamacare (the biggest tax ever) is still in effect?

Any far left drone still supporting Obamacare, does Not care about the middle class..

The irony impairment of the far left knows no bounds!
 
And if all that is true, you far right drones, the fact remains that Trump broke another promise. So you like Trump being like Obama. OK.
 
Speaking of people that will benefit................there are also parts of this tax bill that says that people who make less than 24,000/yr will be in a zero tax status.

Are you guys okay with the poor of this country being given a free ride? I mean, you guys already accuse them of freeloading with welfare programs, and now, they won't have to pay taxes at all.

And...............you guys accuse the poor of not wanting to work hard enough to make enough money to be ineligible for welfare because they like freeloading, well, don't you think that allowing people to live tax free if they make less than 24,000/yr is just another incentive to stay poor?
 
Speaking of people that will benefit................there are also parts of this tax bill that says that people who make less than 24,000/yr will be in a zero tax status.

Are you guys okay with the poor of this country being given a free ride? I mean, you guys already accuse them of freeloading with welfare programs, and now, they won't have to pay taxes at all.

And...............you guys accuse the poor of not wanting to work hard enough to make enough money to be ineligible for welfare because they like freeloading, well, don't you think that allowing people to live tax free if they make less than 24,000/yr is just another incentive to stay poor?
Pretty sure they'd switch jobs for raise. And Trump promised em he'd make their lives soooooooo muuuuch bigly better. #orange
 
Speaking of people that will benefit................there are also parts of this tax bill that says that people who make less than 24,000/yr will be in a zero tax status.

Are you guys okay with the poor of this country being given a free ride? I mean, you guys already accuse them of freeloading with welfare programs, and now, they won't have to pay taxes at all.

And...............you guys accuse the poor of not wanting to work hard enough to make enough money to be ineligible for welfare because they like freeloading, well, don't you think that allowing people to live tax free if they make less than 24,000/yr is just another incentive to stay poor?
Pretty sure they'd switch jobs for raise. And Trump promised em he'd make their lives soooooooo muuuuch bigly better. #orange

Well, according to some of the conservatives on this board, there are people who are only working part time so that they can keep their welfare benefits.

If they are also tax free, what is the incentive to get a better job?
 
They could lower the tax rate to zero and eliminate every regulation and labor will still be cheaper offshore.
 

Forum List

Back
Top