Josh Siegel of the Washington Examiner reports on President Trump’s latest comments regarding tax reform.
President Trump said Tuesday his plan for an overhaul of the tax code will reduce rates for middle-class taxpayers and corporations.
In an interview with the Wall Street Journal, Trump reiterated his previous push to lower the corporate tax rate to 15 percent, and said middle-class taxpayers have “gotten screwed.”
He said high-income people may pay more under his plan.
“The people I care most about are the middle-income people in this country, who have gotten screwed,” Trump said. “And if there’s upward revision it’s going to be on high-income people.” …
… Republicans have targeted tax reform as their next agenda item. But before they tackle taxes, the GOP House majority must agree on a spending blueprint because it unlocks a procedural tool allowing Republicans to pass a tax bill without the support of Democrats.
