Showing posts with label Mnuchin denies tax plans favor big biz. Show all posts
Showing posts with label Mnuchin denies tax plans favor big biz. Show all posts

Tuesday, November 21, 2017


By Fox News, Nov. 19, 2017

Treasury Secretary Steve Mnuchin on Sunday defended Washington Republicans’ tax-reform plan against criticism it favors big business over everyday taxpayers -- and stood behind a viral photo last week of him and his wife posing with a sheet of dollar bills.

“We don’t believe that,” Mnuchin told “Fox News Sunday” about the tax-plan criticism, led by congressional Democrats.

“This is about making the business tax system competitive, which is about creating jobs. And this is about very significant middle-income tax cuts,” continued Mnuchin, who argued the plans are “complicated,” but nevertheless will give middle-income Americans a tax cut, while “rich people” will get very little cuts or in some cases get increases.
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