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?
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?