{"id":2214,"date":"2018-01-31T20:49:00","date_gmt":"2018-01-31T20:49:00","guid":{"rendered":"http:\/\/democrats.org\/blog\/2018\/01\/31\/mnuchin-admits-trump-tax-benefits-the-rich-not-workers\/"},"modified":"2018-01-31T20:49:00","modified_gmt":"2018-01-31T20:49:00","slug":"mnuchin-admits-trump-tax-benefits-the-rich-not-workers","status":"publish","type":"post","link":"https:\/\/democrats.org\/news\/mnuchin-admits-trump-tax-benefits-the-rich-not-workers\/","title":{"rendered":"Mnuchin Admits Trump Tax Benefits The Rich, Not Workers"},"content":{"rendered":"<p>While Trump meets with workers today at the White House, where he will certainly lie and claim that massive corporate tax breaks will benefit working Americans, Trump&rsquo;s Treasury secretary, Steve Mnuchin, has been actually admitting the truth for a change (I know, right).<\/p>\n<p>&nbsp;<\/p>\n<p><strong>This morning Mnuchin said they found nothing wrong with companies using tax cuts to benefit their investors, not their workers.<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p style=\"margin-left:.5in;\"><a href=\"http:\/\/video.foxbusiness.com\/v\/5723243422001\/?#sp=show-clips\">Mnuchin<\/a>: &ldquo;I&#39;m sure there will be some companies that do do share buy backs, but I would just say <strong>there&#39;s nothing wrong with that<\/strong>.&rdquo;<\/p>\n<p style=\"margin-left:.5in;\">&nbsp;<\/p>\n<p><strong>And yesterday, Mnuchin finally admitted that the Trump tax does, in fact, give tax cuts to the wealthy<\/strong><strong> in violation of his self-branded &ldquo;Mnuchin rule.&rdquo;<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p style=\"margin-left:.5in;\">Van Hollen: &ldquo;Back in November &#39;16 you said, and I quote, &lsquo;Any reductions we have an upper income taxes will be offset by less deductions so there will be no absolute tax cut for the upper class,&rsquo; close quotation. That is not true with respect to the final bill, is it? I mean, there are net tax reductions for the upper class.&rdquo;<\/p>\n<p style=\"margin-left:.5in;\">&nbsp;<\/p>\n<p style=\"margin-left:.5in;\"><a href=\"https:\/\/www.c-span.org\/video\/?440283-1\/treasury-secretary-mnuchin-testifies-senate-banking-committee&amp;live\">Mnuchin<\/a>: &ldquo;<strong>There are overall<\/strong>.&rdquo;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>While Trump meets with workers today at the White House, where he will certainly lie and claim that massive corporate tax breaks will benefit working Americans, Trump&rsquo;s Treasury secretary, Steve Mnuchin, has been actually admitting the truth for a change (I know, right). &nbsp; This morning Mnuchin said they found nothing wrong with companies using <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-2214","post","type-post","status-publish","format-standard","hentry","category-press-release"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.0 - 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