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President Donald Trump speaks about tax reform during a bicameral meeting on December 13, 2017 at the White House in Washington, D.C. (Photo: Chris Kleponis - Pool/Getty Images)
Trump Told His Wealthy Mar-a-Lago Pals 'You All Just Got a Lot Richer' Thanks to GOP Tax Plan: Report
"Trump said his tax bill was terrible for his rich friends. Now he's bragging about giving them a big tax cut."
Dec 24, 2017
In what was described as a rare moment of honesty, President Donald Trump reportedly told his wealthy friends dining at Mar-a-Lago Friday night that "you all just got a lot richer."
"At least Trump is finally telling the truth about his tax bill."
--Sen. Bernie Sanders
The comments--first reported by CBS News on Sunday--came just hours after Trump signed the $1.5 trillion Republican tax bill into law.
According to two of Trump's friends who described the Friday-night event to CBS, the president "directed those comments to friends dining nearby at the exclusive club." Given that the Mar-a-Lago initiation cost is $200,000 and annual dues are $14,000, it's safe to assume that those "friends" are "some of the most affluent members of society."
As Common Dreams has reported, Trump has been increasingly open about the central objectives of the GOP tax bill since it passed both houses of Congress. On Friday, Trump bragged that "corporations are literally going wild" about the legislation, comments that came a few days after Trump described the bill's corporate rate cut as "probably the most important factor."
Polls have consistently found that Americans did not buy the GOP's attempt to present their tax bill as a boon for the middle class. A CBS News poll published earlier this month found that 76 percent of Americans believe the Republican tax bill will benefit large corporations, while only 31 percent said they believe it will help the middle class.
Independent analyses have shown this view of the bill to be correct. According to the nonpartisan Tax Policy Center, 80 percent of the bill's benefits will go to the top one percent by 2027, while millions of middle class Americans will see their taxes rise.
On social media, critics of the president noted that--at least in private--"Trump is finally telling the truth about his tax bill."
We are at a crossroads
This country and this world are at a monumental crossroads. US voters have an opportunity to beat back the forces of fascism and confront the billionaires who are rigging the economy, our media system, and our democracy, making it increasingly impossible for ordinary people to get by. We’re not just talking about the election. We’re talking about what must be done once these fascist elements are vanquished from power. We need a bolder set of solutions than what either major party has so far been willing to offer and a working-class movement ready to fight like hell for it. Trump didn't emerge from nowhere. The conditions that fueled MAGA authoritarianism were created by decades of radical neoliberal economic policies and a corrupt political system dominated by corporate interests. They slashed taxes on the super-rich, promising that the benefits would trickle down. They said giveaways to the corporate titans would make life more affordable for the rest of us. It was all bullshit. And when a bitter, betrayed populace searches for someone to blame, right-wing demagogues have little trouble finding scapegoats. People know when they're being lied to, but you won't hear any of this from the corporate media. Only independent journalism—powered and funded by people who believe in building a better world—can deliver truly trustworthy daily news. If you share our vision, please contribute whatever you can to sustain our work. |
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In what was described as a rare moment of honesty, President Donald Trump reportedly told his wealthy friends dining at Mar-a-Lago Friday night that "you all just got a lot richer."
"At least Trump is finally telling the truth about his tax bill."
--Sen. Bernie Sanders
The comments--first reported by CBS News on Sunday--came just hours after Trump signed the $1.5 trillion Republican tax bill into law.
According to two of Trump's friends who described the Friday-night event to CBS, the president "directed those comments to friends dining nearby at the exclusive club." Given that the Mar-a-Lago initiation cost is $200,000 and annual dues are $14,000, it's safe to assume that those "friends" are "some of the most affluent members of society."
As Common Dreams has reported, Trump has been increasingly open about the central objectives of the GOP tax bill since it passed both houses of Congress. On Friday, Trump bragged that "corporations are literally going wild" about the legislation, comments that came a few days after Trump described the bill's corporate rate cut as "probably the most important factor."
Polls have consistently found that Americans did not buy the GOP's attempt to present their tax bill as a boon for the middle class. A CBS News poll published earlier this month found that 76 percent of Americans believe the Republican tax bill will benefit large corporations, while only 31 percent said they believe it will help the middle class.
Independent analyses have shown this view of the bill to be correct. According to the nonpartisan Tax Policy Center, 80 percent of the bill's benefits will go to the top one percent by 2027, while millions of middle class Americans will see their taxes rise.
On social media, critics of the president noted that--at least in private--"Trump is finally telling the truth about his tax bill."
In what was described as a rare moment of honesty, President Donald Trump reportedly told his wealthy friends dining at Mar-a-Lago Friday night that "you all just got a lot richer."
"At least Trump is finally telling the truth about his tax bill."
--Sen. Bernie Sanders
The comments--first reported by CBS News on Sunday--came just hours after Trump signed the $1.5 trillion Republican tax bill into law.
According to two of Trump's friends who described the Friday-night event to CBS, the president "directed those comments to friends dining nearby at the exclusive club." Given that the Mar-a-Lago initiation cost is $200,000 and annual dues are $14,000, it's safe to assume that those "friends" are "some of the most affluent members of society."
As Common Dreams has reported, Trump has been increasingly open about the central objectives of the GOP tax bill since it passed both houses of Congress. On Friday, Trump bragged that "corporations are literally going wild" about the legislation, comments that came a few days after Trump described the bill's corporate rate cut as "probably the most important factor."
Polls have consistently found that Americans did not buy the GOP's attempt to present their tax bill as a boon for the middle class. A CBS News poll published earlier this month found that 76 percent of Americans believe the Republican tax bill will benefit large corporations, while only 31 percent said they believe it will help the middle class.
Independent analyses have shown this view of the bill to be correct. According to the nonpartisan Tax Policy Center, 80 percent of the bill's benefits will go to the top one percent by 2027, while millions of middle class Americans will see their taxes rise.
On social media, critics of the president noted that--at least in private--"Trump is finally telling the truth about his tax bill."
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