“We need to do the second part of the tax bill — we really do, Tax Cuts 2.0,” said Mulvaney, when asked about the president’s top priorities should he win a second term.
Mulvaney’s comments come as the White House says it will roll out a new tax cut plan in September.
| Acting White House chief of staff Mick Mulvaney speaks at the Conservative Political Action Conference on Friday. |
A top administration official said today that President Donald Trump wants to cut the corporate tax rate again, to 20 percent from the current 21 percent.
Acting White House Chief of Staff Mick Mulvaney also said a proposal to index capital gains taxes for inflation is also on the table as the administration crafts its long-promised plan for a second round of tax cuts.
Mulvaney’s comments come as the White House says it will roll out a new tax cut plan in September. Though Trump has said it will be focused on the middle class, the corporate and capital gains tax ideas mentioned by Mulvaney would both primarily benefit the wealthy.
Mulvaney spoke at the annual Conservative Political Action Conference.
“He never liked the fact the corporate tax is 21 percent — he always wanted it to be 20,” said Mulvaney. “'Mick, 20 is a better number than 21,'” he said, doing an impression of the president.
Speaking with Heritage Foundation fellow Stephen Moore, Mulvaney said “You and I have been working closely on indexing capital gains for inflation — we’ve talked about that.”
He added: “There’s a bunch of stuff in the first [tax] package that were temporary — we need to make those permanent.” This post first appeared on NewsInside - NotÃcias E Tutoriais Da Cena Homebrew Handheld E Console, please read the originial post: here
