November 8, 2017
White House Budget Director Mick Mulvaney said if the middle-class gets a tax hike, the president will not sign the GOP tax reform bill.
During an interview Tuesday, Mulvaney said Republicans are on the same page with moving forward with new tax legislation so far.
Reports from the Joint Committee on Taxation said a high number of middle-class Americans would see their individual tax rates go up.
However, the budget director said it would be President Trump’s way or nothing at all.
“Our principals remain the same, we want lower taxes on the middle-class, we want it simple and fair for the middle-class, and we want that low corporate tax rate,” Mulvaney stated.
The Taxation Committee’s report also states 61 percent of Americans would see their taxes drop in the first year of the GOP tax plan.