(Worthy News) – Treasury Secretary Steven Mnuchin said the president’s tax plan revealed last week is a “jobs bill” and doesn’t benefit the rich, fighting back against criticism from Democrats who say the plan mostly benefits the wealthy.
“As we release the details of the plan, we will show all the different impacts to the people,” Mr. Mnuchin told ABC’s “This Week” on Sunday. “This has impact to different people in different states.”
Mr. Mnuchin said giving a break to businesses will help them grow capital and create jobs.
The Treasury secretary admitted that the estate tax would be cut, but said the administration is focused on changes to the income tax system, not the so-called death tax. [ Source (Read More…) ]