Trump Open to Tax Hike for Richest Americans in Pursuit of Dems
Source: Roll Call
Eager to garner Democratic support for a still-emerging tax overhaul package, President Donald Trump on Wednesday expressed a willingness to raise taxes on the wealthiest Americans.
During a meeting with lawmakers from both parties, Trump pledged that he wants lawmakers to craft a bill focused on slashing middle-class tax rates and doing things to create jobs code for a dramatic corporate tax rate cut.
The rich will not be gaining at all with this plan. We are looking for the middle class and we are looking for jobs jobs being the economy," Trump told reporters as the White House meeting began. So were looking at [the] middle class and were looking at jobs.
I think the wealthy will be pretty much where they are, pretty much where they are, Trump told reporters of tax rates on the wealthiest Americans. If they have to go higher, theyll go higher.
Read more: http://www.rollcall.com/news/politics/trump-richest-americans-tax-hike/
Mr.Bill
(24,334 posts)are smart enough to not believe a single word Trump says.
In fact, statistically, you would do better to assume the exact opposite is what he will do.
turbinetree
(24,726 posts)Trump says Harvey and Irma are why we need to cut taxes on corporations
"On Wednesday morning, President Trump asserted that in the wake of two hurricanes that killed at least 80 people, caused many billions of dollars of damage, and displaced tens of thousands, tax cuts are needed more than ever before. Go Congress, go!
https://thinkprogress.org/trump-uses-hurricane-devastation-to-sell-massive-corporate-tax-cut-5e59e41d62ce/
Traitor............................
mpcamb
(2,878 posts)He, and his little 'can't govern' gang have no notion how to make policy.
His program thru-out his life is to scream, blame and hold everyone else responsible till he gets his way.
SergeStorms
(19,204 posts)Trump and his administration are STILL on their Republican described "learning curve". Having no experience in government apparently gives them free rein to fuck things up royally for an indefinite period of time. At least that's what Ryan and the rest of the GOP hierarchy have been telling us for the past 7 months. They're still on the learning curve.
You'd think they might ask a few questions, or actually attempt to learn how the government works and finances itself, but you'd be wrong. I guess those things must be learned through GOP osmosis, so we can expect the "learning curve" to continue for another year or three, perhaps longer.
lark
(23,166 posts)Guaranteed he will raise what the poor pay, raise what the middle class pays and cut taxes hugely for himself using the long discredited but still shouted constantly refrain that cutting taxes on businesses will create jobs and that absolutely does not happen. He will not raise individual rates for millionaires, that would affect him and everyone knows he does everything including illegal stuff to avoid taxes.
His lips were moving, so we know he was 100% lying.
SergeStorms
(19,204 posts)there's not one shred of evidence to support the assumption that low corporate taxes produce jobs. That will never discourage them, though. "Trickle down" is still in the GOP's playbook, and that one has been debunked many times. They don't really have anything else but cut taxes for corporations and the wealthy to go to in their playbook, so they keep marching out those hackneyed platitudes every few decades, just to see if they can sucker people into believing in them again.
NO, we haven't forgotten that these stupid attempts of wealth redistribution don't work, and they're insulting our intelligence in thinking we've forgotten them.
BigmanPigman
(51,640 posts)SergeStorms
(19,204 posts)Thanks for posting it, BigmanPigman.
louis-t
(23,309 posts)He will pay less.
Aristus
(66,478 posts)I'm cool with that...
Dark n Stormy Knight
(9,771 posts)And is, sadly, the reason many voted for him. Another case of people jumping on a bandwagon with no idea who the band is or where they wagon is taking them. In this culture where "disruption" is valued regardless of the need for disruption in any particular case, Trump's volatility and unreliability was seen somehow as a positive.
Meanwhile, he's an impulse-control impaired idiot who may use his great power to lower taxes on the middle class or, instead, to cause them to be killed or doomed to live in a post-apocalyptic hellscape because he can't see why he shouldn't use nuclear weapons on a whim.
rurallib
(62,465 posts)MrsCoffee
(5,803 posts)Because no way did he just decide to do this. I assume he will follow through just like he gives charities what he pledges.
Maxheader
(4,374 posts)when he says he wants to cut corp taxes from
35% to 15%..?