{"id":1288,"date":"2017-04-26T19:03:00","date_gmt":"2017-04-26T19:03:00","guid":{"rendered":"http:\/\/democrats.org\/blog\/2017\/04\/26\/3-things-that-we-learned-directly-from-the-white-house-on-trumps-tax-plan\/"},"modified":"2017-04-26T19:03:00","modified_gmt":"2017-04-26T19:03:00","slug":"3-things-that-we-learned-directly-from-the-white-house-on-trumps-tax-plan","status":"publish","type":"post","link":"https:\/\/democrats.org\/news\/3-things-that-we-learned-directly-from-the-white-house-on-trumps-tax-plan\/","title":{"rendered":"3 Things That We Learned Directly From the White House on Trump\u2019s Tax Plan"},"content":{"rendered":"<div align=\"center\" style=\"text-align:center;margin-top:14pt;margin-bottom:14pt;\"><font face=\"Cambria,serif\" size=\"5\" style=\"font-family: Cambria, serif, serif, EmojiFont;\"><span style=\"font-size:18pt;\"><b>3 Things That We Learned Directly From the White House on Trump&rsquo;s Tax Plan<\/b><\/span><\/font><\/div>\n<div style=\"margin-top:14pt;margin-bottom:14pt;\"><font face=\"Cambria,serif\" size=\"3\" style=\"font-family: Cambria, serif, serif, EmojiFont;\"><span style=\"font-size:12pt;\">&nbsp;<\/span><\/font><\/div>\n<div style=\"margin-top:14pt;margin-bottom:14pt;\"><font face=\"Cambria,serif\" size=\"3\" style=\"font-family: Cambria, serif, serif, EmojiFont;\"><span style=\"font-size:12pt;\">&ldquo;Trump and his Wall Street advisors can&rsquo;t explain how his plan will help the middle class&mdash;but one thing that&rsquo;s clear as day about this plan is it gives trillions to Trump&rsquo;s wealthy friends, and the 1%,&rdquo; said DNC Chair Tom Perez. &ldquo;Trump&rsquo;s plan is brought to you by Wall Street.&rdquo;<\/span><\/font><\/div>\n<div style=\"margin-top:14pt;margin-bottom:14pt;\"><font face=\"Cambria,serif\" size=\"3\" style=\"font-family: Cambria, serif, serif, EmojiFont;\"><span style=\"font-size:12pt;\">&nbsp;<\/span><\/font><\/div>\n<ol style=\"margin-top:0;margin-bottom:14pt;\">\n<li><font face=\"Cambria,serif\" size=\"3\" style=\"font-family: Cambria, serif, serif, EmojiFont;\"><span style=\"font-size:12pt;\"><b>Trump will not release his tax returns<font face=\"Cambria,serif\" size=\"3\" style=\"font-family: Cambria, serif, serif, EmojiFont;\"><span style=\"font-size:12pt;\">&nbsp;<\/span><\/font><\/b><\/span><\/font><\/li>\n<\/ol>\n<div style=\"margin-top:14pt;margin-bottom:14pt;margin-left:36pt;\"><font face=\"Cambria,serif\" size=\"3\" style=\"font-family: Cambria, serif, serif, EmojiFont;\"><span style=\"font-size:12pt;\">QUESTION: &ldquo;My second question is, will the president release his tax returns so that Americans&ndash; &ldquo;<\/span><\/font><\/div>\n<div style=\"margin-top:14pt;margin-bottom:14pt;\"><font face=\"Cambria,serif\" size=\"3\" style=\"font-family: Cambria, serif, serif, EmojiFont;\"><span style=\"font-size:12pt;\">MNUCHIN: <\/span><\/font><font face=\"Cambria,serif\" size=\"3\" style=\"font-family: Cambria, serif, serif, EmojiFont;\"><span style=\"font-size:12pt;background-color:yellow;\">&ldquo;The president has no intention.<\/span><\/font><font color=\"#1F497D\" face=\"Cambria,serif\" size=\"3\" style=\"font-family: Cambria, serif, serif, EmojiFont;\"><span style=\"font-size:12pt;background-color:yellow;\">&rdquo;<\/span><\/font><\/div>\n<div style=\"margin-top:14pt;margin-bottom:14pt;margin-left:36pt;\"><font face=\"Cambria,serif\" size=\"3\" style=\"font-family: Cambria, serif, serif, EmojiFont;\"><span style=\"font-size:12pt;\">&nbsp;<\/span><\/font><\/div>\n<ol start=\"2\" style=\"margin-top:0;margin-bottom:14pt;\">\n<li><font face=\"Cambria,serif\" size=\"3\" style=\"font-family: Cambria, serif, serif, EmojiFont;\"><span style=\"font-size:12pt;\"><b>The White House won&rsquo;t say how much Trump benefits from his own plan<font face=\"Cambria,serif\" size=\"3\" style=\"font-family: Cambria, serif, serif, EmojiFont;\"><span style=\"font-size:12pt;\">&nbsp;<\/span><\/font><\/b><\/span><\/font><\/li>\n<\/ol>\n<div style=\"margin-top:14pt;margin-bottom:14pt;margin-left:36pt;\"><font face=\"Cambria,serif\" size=\"3\" style=\"font-family: Cambria, serif, serif, EmojiFont;\"><span style=\"font-size:12pt;\">QUESTION: &ldquo;Exactly a year ago, then-candidate Trump was asked if he believes in raising taxes on the wealthy and he said, &lsquo;I do, I do, including myself, I do.&rsquo; So my question is, why isn&rsquo;t he doing that and will the president end up paying more or less taxes as a result of this plan?&rdquo;<\/span><\/font><\/div>\n<div style=\"margin-top:14pt;margin-bottom:14pt;\"><font face=\"Cambria,serif\" size=\"3\" style=\"font-family: Cambria, serif, serif, EmojiFont;\"><span style=\"font-size:12pt;\">MNUCHIN: <\/span><\/font><font face=\"Cambria,serif\" size=\"3\" style=\"font-family: Cambria, serif, serif, EmojiFont;\"><span style=\"font-size:12pt;background-color:yellow;\">&ldquo;I can&rsquo;t comment on the president&rsquo;s tax situation since I don&rsquo;t have access to that, okay?<\/span><\/font><\/div>\n<div style=\"margin-top:14pt;margin-bottom:14pt;\">&nbsp;<\/div>\n<ol start=\"3\" style=\"margin-top:0;margin-bottom:14pt;\">\n<li><font face=\"Cambria,serif\" size=\"3\" style=\"font-family: Cambria, serif, serif, EmojiFont;\"><span style=\"font-size:12pt;\"><b>The White House has no idea if the middle class will benefit because it doesn&rsquo;t<\/b><\/span><\/font><\/li>\n<\/ol>\n<div style=\"margin-top:14pt;margin-bottom:14pt;\"><font face=\"Cambria,serif\" size=\"3\" style=\"font-family: Cambria, serif, serif, EmojiFont;\"><span style=\"font-size:12pt;\">QUESTION: &ldquo;You mentioned middle class tax cuts. Middle class families watching this tonight on the news, a family of four, median income of $60,000, what does it mean for them?&rdquo; <\/span><\/font><\/div>\n<div style=\"margin-top:14pt;margin-bottom:14pt;\"><font face=\"Cambria,serif\" size=\"3\" style=\"font-family: Cambria, serif, serif, EmojiFont;\"><span style=\"font-size:12pt;\">COHN: &ldquo;It&rsquo;s going to be a tax cut.&rdquo; <\/span><\/font><\/div>\n<div style=\"margin-top:14pt;margin-bottom:14pt;\"><font face=\"Cambria,serif\" size=\"3\" style=\"font-family: Cambria, serif, serif, EmojiFont;\"><span style=\"font-size:12pt;\">QUESTION: &ldquo;How much?&rdquo;<\/span><\/font><\/div>\n<div style=\"margin-top:14pt;margin-bottom:14pt;\"><font face=\"Cambria,serif\" size=\"3\" style=\"font-family: Cambria, serif, serif, EmojiFont;\"><span style=\"font-size:12pt;\">COHN: &ldquo;It&rsquo;s going to be a tax cut. <\/span><\/font><font face=\"Cambria,serif\" size=\"3\" style=\"font-family: Cambria, serif, serif, EmojiFont;\"><span style=\"font-size:12pt;background-color:yellow;\">Look, you&rsquo;re asking the same question that was asked over here. We will let you know the details at the appropriate moment.&rdquo;<\/span><\/font><font face=\"Cambria,serif\" size=\"3\" style=\"font-family: Cambria, serif, serif, EmojiFont;\"><span style=\"font-size:12pt;\">&nbsp;<\/span><\/font><span style=\"font-size: 12pt; font-family: Cambria, serif, serif, EmojiFont; color: rgb(136, 136, 136);\">&nbsp;<\/span><font color=\"#888888\"><font face=\"Cambria,serif\" size=\"3\" style=\"font-family: Cambria, serif, serif, EmojiFont;\"><span style=\"font-size:12pt;\">&nbsp;<\/span><\/font><\/font><\/div>\n","protected":false},"excerpt":{"rendered":"<p>3 Things That We Learned Directly From the White House on Trump&rsquo;s Tax Plan &nbsp; &ldquo;Trump and his Wall Street advisors can&rsquo;t explain how his plan will help the middle class&mdash;but one thing that&rsquo;s clear as day about this plan is it gives trillions to Trump&rsquo;s wealthy friends, and the 1%,&rdquo; said DNC Chair Tom <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1288","post","type-post","status-publish","format-standard","hentry","category-press-release"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.0 - 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