Talk of The Villages Florida - View Single Post - Will a big tax cut create jobs
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Old 09-28-2017, 07:51 AM
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The way the new tax code will be written will actually cause the wealthy to pay more by taking away all their tax breaks.
The standard by which the Trump tax plan should be judged is the standard that the Trump administration itself has set.
“There will be no absolute tax cut for the upper class,” Treasury Secretary Steven Mnuchin said shortly after the election. “My plan is for the working people,” President Trump said yesterday. “I don’t benefit.”
None of that is true. It’s the latest disturbing example of politicians telling falsehoods about a proposed policy. Trump has done so repeatedly, and now members of Congress are doing it more often, too. These aren’t mere exaggerations or truth shadings; they are often just lies. -NYT