Cenk Uygur
@TheYoungTurks·6.5M subscribers·72.8K videos
Fox News Calls Out Trump Tax Cut Lies
Posted
October 3, 2017
Views
541,983
Likes
7,052
Comments
1,414
Engagement
1.56%
October 3, 2017
541,983
7,052
1,414
1.56%
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11:47Now PlayingFox News’ Chris Wallace wasn’t taking any crap from Mick Mulvaney. Cenk Uygur and Ana Kasparian, the hosts of The Young Turks, break it down. Tell us what you think in the comment section below. Join TYT
“CHRIS WALLACE, FOX NEWS SUNDAY: Let's turn to the tax reform plan that the president and Republicans in Congress rolled out this week. The president told Americans who benefits.
TRUMP: By eliminating the tax breaks and special interest loopholes that primarily benefit the wealthy, our framework ensures that the benefits of tax reform go to the middle class, not the highest earners.
WALLACE: But, Director Mulvaney, independent experts say what the president just said there isn't true. I want to put up this chart. The non-partisan Tax Policy Center did this analysis. It shows the middle fifth of households in America, those earning between $48,000 and $86,000 a year, they'll get an average tax cut of $660 next year. Meanwhile, the top 1 percent, people making more than $730,000 a year, will get an average tax cut of almost $130,000 next year.
Now, I understand that your -- that this isn't done yet, that they're only basing it on the plan as it exists at this point. But according to their analysis, that middle fifth gets 1.5 percent of the total benefit of the tax cut, while the top 1 percent gets 8.5 percent of the benefit. That doesn't seem fair.”
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Hosts: Cenk Uygur, Ana Kasparian
Cast: Cenk Uygur, Ana Kasparian
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Young Turk (n), 1. Young progressive or insurgent member of an institution, movement, or political party. 2. Young person who rebels against authority or societal expectations. (American Heritage Dictionary)
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