
National Economic Director Gary Cohn during a briefing at the White House in Washington, DC. (Photo: Mark Wilson/Getty Images)
To donate by check, phone, or other method, see our More Ways to Give page.
National Economic Director Gary Cohn during a briefing at the White House in Washington, DC. (Photo: Mark Wilson/Getty Images)
Though President Donald Trump's top economic advisor Gary Cohn previously said he felt "enormous pressure" to resign his position from the administration after the president's disastrous equivocating on white supremacy and racism in the wake of a violent protest by neo-nazis in Charlottesville, Virginia earlier this year, he made clear at a Thursday press conference why he ultimately opted to stay for a very specific purpose: a chance to give massive tax cuts to the nation's corporations and wealthy.
"Why am I here?" Cohn said in response to a question by the New York Times' Jeff Zeleny. "I am here just for this reason. Think about the opportunity I'm involved in with President Trump, being able to rewrite the tax code - something that hasn't been done in thirty-one years... This is a once in a lifetime opportunity and I would never miss this."
Watch:
\u201cCohn on why he decided to stay at WH in the wake Charlottesville: Tax reform is a "once in a lifetime opportunity" https://t.co/pfFm8awxFG\u201d— CNN Politics (@CNN Politics) 1506625471
As analysis after analysis has shown, the outline of the tax reform put forth by the White House is undeniably and specifically geared toward giving the nation's wealthiest corporations and families tax cuts at the expense of social service programs that will inevitably be targeted in the face of dwindling revenues those giveways will create in the years and decades ahead.
And though Cohn himself said he struggled in the wake of Charlottesville--and reports indicated he even drafted a resignation letter--his comments on Thursday make it pretty clear that nothing remains more important to him than the chance to give massive tax relief to the Americans who deserve and need it least: the filthy rich like his former colleagues at Goldman Sachs and his new billionaire boss at the White House.
Dear Common Dreams reader, The U.S. is on a fast track to authoritarianism like nothing I've ever seen. Meanwhile, corporate news outlets are utterly capitulating to Trump, twisting their coverage to avoid drawing his ire while lining up to stuff cash in his pockets. That's why I believe that Common Dreams is doing the best and most consequential reporting that we've ever done. Our small but mighty team is a progressive reporting powerhouse, covering the news every day that the corporate media never will. Our mission has always been simple: To inform. To inspire. And to ignite change for the common good. Now here's the key piece that I want all our readers to understand: None of this would be possible without your financial support. That's not just some fundraising cliche. It's the absolute and literal truth. We don't accept corporate advertising and never will. We don't have a paywall because we don't think people should be blocked from critical news based on their ability to pay. Everything we do is funded by the donations of readers like you. Our Summer Campaign is now underway, and there’s never been a more urgent time for Common Dreams to be as vigilant as possible. Will you donate now to help power the nonprofit, independent reporting of Common Dreams? Thank you for being a vital member of our community. Together, we can keep independent journalism alive when it’s needed most. - Craig Brown, Co-founder |
Though President Donald Trump's top economic advisor Gary Cohn previously said he felt "enormous pressure" to resign his position from the administration after the president's disastrous equivocating on white supremacy and racism in the wake of a violent protest by neo-nazis in Charlottesville, Virginia earlier this year, he made clear at a Thursday press conference why he ultimately opted to stay for a very specific purpose: a chance to give massive tax cuts to the nation's corporations and wealthy.
"Why am I here?" Cohn said in response to a question by the New York Times' Jeff Zeleny. "I am here just for this reason. Think about the opportunity I'm involved in with President Trump, being able to rewrite the tax code - something that hasn't been done in thirty-one years... This is a once in a lifetime opportunity and I would never miss this."
Watch:
\u201cCohn on why he decided to stay at WH in the wake Charlottesville: Tax reform is a "once in a lifetime opportunity" https://t.co/pfFm8awxFG\u201d— CNN Politics (@CNN Politics) 1506625471
As analysis after analysis has shown, the outline of the tax reform put forth by the White House is undeniably and specifically geared toward giving the nation's wealthiest corporations and families tax cuts at the expense of social service programs that will inevitably be targeted in the face of dwindling revenues those giveways will create in the years and decades ahead.
And though Cohn himself said he struggled in the wake of Charlottesville--and reports indicated he even drafted a resignation letter--his comments on Thursday make it pretty clear that nothing remains more important to him than the chance to give massive tax relief to the Americans who deserve and need it least: the filthy rich like his former colleagues at Goldman Sachs and his new billionaire boss at the White House.
Though President Donald Trump's top economic advisor Gary Cohn previously said he felt "enormous pressure" to resign his position from the administration after the president's disastrous equivocating on white supremacy and racism in the wake of a violent protest by neo-nazis in Charlottesville, Virginia earlier this year, he made clear at a Thursday press conference why he ultimately opted to stay for a very specific purpose: a chance to give massive tax cuts to the nation's corporations and wealthy.
"Why am I here?" Cohn said in response to a question by the New York Times' Jeff Zeleny. "I am here just for this reason. Think about the opportunity I'm involved in with President Trump, being able to rewrite the tax code - something that hasn't been done in thirty-one years... This is a once in a lifetime opportunity and I would never miss this."
Watch:
\u201cCohn on why he decided to stay at WH in the wake Charlottesville: Tax reform is a "once in a lifetime opportunity" https://t.co/pfFm8awxFG\u201d— CNN Politics (@CNN Politics) 1506625471
As analysis after analysis has shown, the outline of the tax reform put forth by the White House is undeniably and specifically geared toward giving the nation's wealthiest corporations and families tax cuts at the expense of social service programs that will inevitably be targeted in the face of dwindling revenues those giveways will create in the years and decades ahead.
And though Cohn himself said he struggled in the wake of Charlottesville--and reports indicated he even drafted a resignation letter--his comments on Thursday make it pretty clear that nothing remains more important to him than the chance to give massive tax relief to the Americans who deserve and need it least: the filthy rich like his former colleagues at Goldman Sachs and his new billionaire boss at the White House.