I think there is enormous urgency around this. We all understand the political calendar. This is the beginning of a new Administration.
Steven Rattner
The Public Record
American private equity and venture capital investor
★ Featured Quote
May 17, 2017
Tax cuts are fine, but they do not pay for themselves, they simply don't.
— Steven Rattner
I would not want to see that be part of the equation to come up with a tax plan that doesn't increase the deficit.
I think that to simply focus on one or two provisions affecting business as the centerpiece of tax reform is excessively narrow.
Sitting where we are sitting now, having done nothing really for 30 years in terms of comprehensive tax reform has cost us millions of jobs.
The middle class average American would have gotten a $1,000 tax cut. That is not my view of what a fair and balanced tax plan would look like.
83 percent of his tax plan would have gone to the top 20 percent of Americans, who would have gotten an average of a $25,000 tax cut.
I think when you look at the tax proposal that has been made by the Administration, you will see that it is very unbalanced.
We should have asked the UAW to do more. We did not ask any UAW member to take a cut in their pay.





