Mnuchin: Admin Will Not Raise Taxes On Wealthiest Americans

Share:

Treasury Secretary Steve Mnuchin said Sunday morning that President Donald Trump’s administration would not raise taxes on the wealthiest Americans in order to pay for tax cuts for the middle-class.

Speaking on ABC’s “This Week,” Mnuchin said that the Trump administration has its eyes set on releasing a tax bill to the public in September, with the goal of passing the tax reform package in 2017, Reuters reports.

Mnuchin’s comments Sunday are a bit of a diversion from his previous statements regarding the timeline for passing tax reform, although he has previously promised to get a tax overhaul package passed in 2017.

The secretary said in late-March that he’d “like to think” tax reform would get done before Congress went home for the August recess.

“This is optimistic, this is a big challenge. We are going to try to get it done,” Mnuchin said. He did say that the administration would “absolutely” get tax reform passed by Fall 2017.

[contentcards url=”http://dailycaller.com/2017/07/09/mnuchin-admin-will-not-raise-taxes-on-wealthiest-americans/” target=”_blank”]

Content created by The Daily Caller News Foundation is available without charge to any eligible news publisher that can provide a large audience. For licensing opportunities of our original content, please contact [email protected].

Share:
No Comments Yet

Leave a Reply

2021 © True Pundit. All rights reserved.