Author Topic: Trump: Bannon Is Wrong, I'm Not Raising Taxes on the Rich  (Read 238 times)

0 Members and 1 Guest are viewing this topic.

Online mystery-ak

  • Owner
  • Administrator
  • ******
  • Posts: 386,174
  • Let's Go Brandon!
Trump: Bannon Is Wrong, I'm Not Raising Taxes on the Rich
« on: August 02, 2017, 01:08:16 pm »
Todd Beamon   |   Tuesday, 01 Aug 2017 06:56 PM



President Donald Trump has debunked a reported plan by chief strategist Steve Bannon to create a new 44 percent top tax rate on Americans making more than $5 million a year as part of tax reform.

"No, that was not right," Trump told The Wall Street Journal in an interview Friday. "That was not a correct statement, no."

According to a full transcript of the interview obtained and published Tuesday by Politico, Journal editor-in-chief Gerard Baker asked Trump about Bannon's 44 percent plan.

more
http://www.newsmax.com/Politics/taxes-wealthy-44-percent-steve-bannon/2017/08/01/id/805179/
Proud Supporter of Tunnel to Towers
Support the USO
Democrat Party...the Party of Infanticide

“Therefore do not worry about tomorrow, for tomorrow will worry about itself. Each day has enough trouble of its own.”
-Matthew 6:34

Offline Hoodat

  • Hero Member
  • *****
  • Posts: 37,699
Re: Trump: Bannon Is Wrong, I'm Not Raising Taxes on the Rich
« Reply #1 on: August 02, 2017, 05:55:04 pm »
There is no such thing as "taxes on the rich".  A billionaure earning $100k in 2017 pays the same tax as a homeless man earning $100k.
If a political party does not have its foundation in the determination to advance a cause that is right and that is moral, then it is not a political party; it is merely a conspiracy to seize power.     -Dwight Eisenhower-

"The [U.S.] Constitution is a limitation on the government, not on private individuals ... it does not prescribe the conduct of private individuals, only the conduct of the government ... it is not a charter for government power, but a charter of the citizen's protection against the government."     -Ayn Rand-