Trump also talked about using tariffs to leverage negotiating power over bad actors, a source told CNBC.
  • Bye@lemmy.world
    0·
    5 months 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·
      5 months 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·
        5 months 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.