tommyrp12
07-03-2017, 03:51 PM
Report: Steve Bannon Pushing To Hike Taxes On The Wealthy (http://www.breitbart.com/economics/2017/07/03/bannontax/)
http://www.breitbart.com/economics/2017/07/03/bannontax/
Steve Bannon has reportedly been pushing to raise taxes on the wealthy to offset deep tax cuts for middle and working class Americans.
Bannon, who serves as President Donald Trump’s chief strategist, has told colleagues he wants the top income tax bracket to “have a 4 in front of it,” according to Jonathan Swan of Axios. Currently, the top marginal tax bracket is 39.6 percent.
Any effort to raise the top marginal rate is sure to alienate a lot of traditional Republicans and conservatives. It would also run counter to the plan introduced by Treasury Secretary Steven Mnuchin*and National Economic Director Gary Cohn in April. That plan had the top rate falling to 35 percent.
First Breitbart article I've ever seen with zero comments. Scratch that ,one comment.
http://www.breitbart.com/economics/2017/07/03/bannontax/
Steve Bannon has reportedly been pushing to raise taxes on the wealthy to offset deep tax cuts for middle and working class Americans.
Bannon, who serves as President Donald Trump’s chief strategist, has told colleagues he wants the top income tax bracket to “have a 4 in front of it,” according to Jonathan Swan of Axios. Currently, the top marginal tax bracket is 39.6 percent.
Any effort to raise the top marginal rate is sure to alienate a lot of traditional Republicans and conservatives. It would also run counter to the plan introduced by Treasury Secretary Steven Mnuchin*and National Economic Director Gary Cohn in April. That plan had the top rate falling to 35 percent.
First Breitbart article I've ever seen with zero comments. Scratch that ,one comment.