One year and two weeks ago, Steven Mnuchin went on CNBC with a bold claim about the incoming administration’s tax plan. Although the middle class would see significant relief, he said, “there will be no absolute tax cut for the upper class.”
With the bill on the threshold of passing, the treasury secretary made the rounds again Sunday to drive the message home. On CNN’s “State of the Union,” Mnuchin argued the wealthy won’t be gaining at all under the plan. “The president was right. There are people who are rich people that are having their taxes going up,” he said. Responding on CBS’s “Face the Nation” to critiques from Republican lawmakers that the plan doesn’t fulfill the Trump team’s populist pledges, Mnuchin said, “I think that is just not correct… This is about the middle class. This is about working families.”
Except that it's not. In between Mnuchin’s pledge last year and his latest claims, the administration worked with congressional Republicans to forge a package that delivers the bulk of its benefits to corporations and the wealthy.
complete article Washington Post
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