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Tags: mulvaney | trump | tax plan | sign only if | lower taxes | middle class | corporate rate

Mick Mulvaney: Trump Won't Sign GOP Plan If It Raises Taxes on Middle Class

Mick Mulvaney: Trump Won't Sign GOP Plan If It Raises Taxes on Middle Class
OMB Director Mick Mulvaney (Chip Somodevilla/Getty Images)

By    |   Wednesday, 08 November 2017 08:17 PM EST

Office of Management and Budget Director Mick Mulvaney said Wednesday that if the Republican tax plan contains any increases for middle-class Americans, President Donald Trump "will not sign it."

"If our numbers here at the White House show the same thing, if they show taxes are going up on the middle class — on the House plan, the Senate plan, on some combination of the two — he won't sign it," Mulvaney, the former South Carolina Republican congressman, told Erin Burnett on CNN.

"He wants lower taxes on hard workers — and he wants it to be easier for them to pay their taxes," he said. "That's one principle.

"The other is he wants that lower corporate rate" of 20 percent, from the current 35 percent, Mulvaney said.

"If those two things are violated, he's not going to sign a piece of legislation," he told Burnett.

"At the end of the day, if we believe this is a middle-class tax increase, he's not going to sign it."

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Politics
Office of Management and Budget Director Mick Mulvaney said Wednesday that if the Republican tax plan contains any increases for middle-class Americans, President Donald Trump "will not sign it.""If our numbers here at the White House show the same thing, if they show taxes...
mulvaney, trump, tax plan, sign only if, lower taxes, middle class, corporate rate
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2017-17-08
Wednesday, 08 November 2017 08:17 PM
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