![]() ![]() "The interesting thing about how Trump looks at this stuff is, he sort of compromises his negotiating position right upfront by admitting that he doesn't really think this is really his plan, and that's something unusual, something I've not seen from other political candidates," says Alan Cole, an economist at the Tax Foundation. The rich would still get a tax cut, but it wouldn't be as big as he first proposed. Trump said he absolutely does not favor raising taxes on the wealthy, or anyone else for that matter.īut he acknowledged that in negotiations with Congress, he would almost certainly have to concede on some points, and his plan might have to be scaled back a bit. ![]() Starting Monday, Trump sought to clarify his remarks, with interviews in The Wall Street Journal and on Fox Business Network, among others. I'm talking raise from my low proposal." - Fox Business Network, May 9 "I'm not talking raise from where they are now. "We want to button him down and say, 'Where are we going to go, Mr. "Even this morning, you know, he's talking about changing his tax policy and raising taxes," said Rep. If true, it marked a significant departure from longtime Republican dogma on taxes, and many in the GOP were, to say the least, confused. Last weekend, during appearances on NBC's Meet The Press and ABC This Week, Trump appeared to suggest that he favors higher taxes on wealthy individuals. And you know what? It really should go up." - NBC's Meet the Press, May 7 "For the wealthy, I think, frankly, it's going to go up. Analysts who studied the proposals say they would increase the federal budget deficit by as much as $11 trillion over the first decade. ![]()
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