Trump also talked about using tariffs to leverage negotiating power over bad actors, a source told CNBC.
  • btaf45@lemmy.world
    0·
    16 days ago

    If the rich didn’t pay taxes than tax cuts for the rich would not be their 1st, 2nd, and 3rd top priorities.

    • Bye@lemmy.world
      0·
      16 days ago

      Tax cuts for the rich are capital gains tax cuts and corporate tax cuts.

      Income tax cuts don’t impact them, broadly.

      • btaf45@lemmy.world
        0·
        16 days ago

        Income tax cuts don’t impact them, broadly.

        Then they should not be objecting at all if we raise the top income tax rate back to 91% like it was in the 1950’s when we had a great economy.

        • Bye@lemmy.world
          0·
          16 days ago

          The truly rich would be fine. They don’t pay income tax, they live off of capital gains.

          That’s just punishing people at the top of the working class. Doctors, lawyers, etc.