Trump Changes Position on Taxation For The Second Day in a Row…You Know Things Come in Threes
In my latest article which addresses the question of whether the Republican Party will be the Party of Ryan or the Party of Trump, I made the following observation about Trump’s volatility:
After advocating tax cuts for all Americans, Trump now says he will increase taxes on the wealthy. But who can say what his position will be by Tuesday?
Never mind Tuesday. That’s such a long way off. As per CNN:
Donald Trump clarified Monday that he doesn’t plan to raise taxes on the wealthiest Americans in the aggregate, despite seemingly saying so during interviews aired Sunday.
“On my plan they’re going down. But by the time it’s negotiated, they’ll go up,” Trump said Sunday on ABC’s “This Week.”But Trump told CNN’s Chris Cuomo on “New Day” that he was referring to changes to “my tax proposal” — not the existing tax code — when he said rates could go up. He meant to communicate that he was open to top rates higher than those in his proposal as part of the negotiations to get tax reform passed, but also maintained they would remain lower than the current rate.“Now, if I increase it on the wealthy, they’re still going to pay less than they pay now,” the presumptive Republican nominee said. “I’m not talking about increasing from this point. I’m talking about increasing from my tax proposal.”
“And then we’re going start negotiating. So if I want to get lower taxes, which is very important to me, I’m not going to put in high taxes. And I’m not even going to put in what I necessarily want. I’m going to put in lower than I want, and we’re going to negotiate,” he added.Trump said he personally would be willing to pay more in taxes.“I am willing to pay more,” he said. “And you know what? Wealthy are willing to pay more. We’ve had a very good run. You know, we hear all about Obama, we hear all about — we’ve had a very good run.”
