On the recordJanuary 18, 2017
Any reductions we have in upper-income taxes would be offset by less deductions, so there would be no absolute tax cut for the upper class.
Said by
Steven Mnuchin
Source
congress.govAny reductions we have in upper-income taxes would be offset by less deductions, so there would be no absolute tax cut for the upper class.
Mnuchin outlines his tax rule regarding upper-income tax reductions.
Share
More from Steven Mnuchin
The reforms would standardize the approach to capital regulation, improve the quality and consistency of bank capital requirements, and level the playing field for U.S. banks.
I very much agree with you and those other experts that more fiscal response is needed.
Russian disinformation campaigns targeting American citizens are a threat to our democracy.