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DonViejo

(60,536 posts)
Mon Jul 3, 2017, 11:55 AM Jul 2017

Scoop: Bannon pushes tax hike for wealthy

Jonathan Swan 17 hrs ago

Steve Bannon is causing a stir inside the administration by pushing an idea that's anathema to most Republicans: raising taxes on the wealthiest Americans to pay for steep middle and working-class tax cuts. (Some officials who've heard Bannon's idea think it's crazy, but the President's chief strategist believes it's a potent populist idea.)

Bannon has told colleagues he wants the top income tax bracket to "have a 4 in front of it." (The top bracket is currently 39.6% for Americans who earn more than $418,400.)

It's classic Bannon – pushing a maximalist position that's reviled by the Republican establishment.

While all the public attention has been going to health care, Trump aides are teeing up an extremely aggressive tax plan.

Lobbyists who have met with Gary Cohn and Treasury Secretary Steven Mnuchin say they've been struck by how impatient the two appear:

Cohn has told associates that if tax reform doesn't get done this year, it's probably never going to happen.

Sources who know Cohn speculate that he'll leave the White House the instant he concludes tax reform is dead.

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https://www.axios.com/scoop-bannon-pushes-tax-hike-for-wealthy-2452197801.html

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Scoop: Bannon pushes tax hike for wealthy (Original Post) DonViejo Jul 2017 OP
This is nothing more than propaganda from bigoted racist Steve Bannon. Lint Head Jul 2017 #1
Don't believe this for a second. Probably put out there by Kushner. Nt SweetieD Jul 2017 #2
Axios is a propaganda organ for the Republican Party alcibiades_mystery Jul 2017 #3

Lint Head

(15,064 posts)
1. This is nothing more than propaganda from bigoted racist Steve Bannon.
Mon Jul 3, 2017, 12:07 PM
Jul 2017

It's just one more manipulative tactic to convince the deplorables that Trump is on their side and won't take their health care away and raise their taxes. It's bull shit.

 

alcibiades_mystery

(36,437 posts)
3. Axios is a propaganda organ for the Republican Party
Mon Jul 3, 2017, 12:18 PM
Jul 2017

Everyone knows damn well that not a single GOP Congressperson can or will vote for a tax increase on the top bracket. This is typical Bannon smoke and mirrors.

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