Political Quotes

Steven Mnuchin: It would move money offshore. It would disproportionately hurt pensions, 401(k)s, and people who are saving for…

On the recordDecember 4, 2019
It would move money offshore. It would disproportionately hurt pensions, 401(k)s, and people who are saving for retirement.
Said by
Steven Mnuchin

Editor's note · Context

Mnuchin explains how the tax could lead to offshore money movement and harm retirement savings.

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More from Steven Mnuchin

Dec 1, 2020

There is simply no justification or justifiable reason to take these tools away, with the pandemic crisis worse than it has been.

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I think that is an independent decision of the President. The American public knew that he wasn't releasing his tax returns prior to voting for him, and they made that decision.

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Something is clearly better than nothing.

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Apr 8, 2019

I assure you, weaponizing the IRS is a major concern of ours that affects all taxpayers in both parties.

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