about a month ago, when we were leading up to the debate that we had and the successful passage of the tax reform bill, the treasury department kicked off a major debate in this country by releasing some statistics, suggesting that the congressional tax relief bills were tilted toward the rich. In other words, the tax relief bill that we were passing was going to give larger tax breaks to the rich than it was to the middle class. And, of course, Secretary Rubin made a big point that we were not doing enough to take care of the less well off. As we began to look into it, and this is not new news anymore, but as we began to look into the situation, we found out that one of the things Secretary Rubin did was to fail to report his findings in a fashion that the American people could understand. And I guess I would have to conclude that Secretary Rubin did that on purpose.
Jim Saxton: “about a month ago, when we were leading up to the debate that we had and the successful passage of the tax reform bill…”
Editor's note · Context
Discussing the implications of tax reform and criticisms of Secretary Rubin's reporting.
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