Republicans grapple with Trump remarks on taxing rich - News Summed Up

Republicans grapple with Trump remarks on taxing rich


Washington (CNN) President Donald Trump declared multiple times this week that wealthy Americans won't necessarily benefit from the tax plan that's still being drafted. Causing further confusion, Trump even raised the idea that tax rates could actually go up for the rich. It's hardly the first time Trump has said he doesn't want tax reform to benefit the rich. With so few details known about the plan, however, it's entirely unclear if the fine print of an actual tax reform bill will match Trump's rhetoric or anything else key Republicans are promising. "I don't know what it's going to be," said Hatch, who's a member of the "Big Six" group of negotiators that's working on tax reform.


Source: CNN September 15, 2017 20:26 UTC



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