Skip to main content

Sign up for our newsletter.

Quality journalism. Progressive values. Direct to your inbox.

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."

Jake Johnson

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."


Our work is licensed under Creative Commons (CC BY-NC-ND 3.0). Feel free to republish and share widely.

We've had enough. The 1% own and operate the corporate media. They are doing everything they can to defend the status quo, squash dissent and protect the wealthy and the powerful. The Common Dreams media model is different. We cover the news that matters to the 99%. Our mission? To inform. To inspire. To ignite change for the common good. How? Nonprofit. Independent. Reader-supported. Free to read. Free to republish. Free to share. With no advertising. No paywalls. No selling of your data. Thousands of small donations fund our newsroom and allow us to continue publishing. Can you chip in? We can't do it without you. Thank you.

Bodycam Footage Shows Ohio Police Shooting Jayland Walker 60+ Times

"The Department of Justice needs to step in to investigate immediately," said former Ohio state Sen. Nina Turner.

Common Dreams staff ·


'Impeach Justice Clarence Thomas' Petition Nears 1 Million Signatures

"He has shown he cannot be an impartial justice and is more concerned with covering up his wife's coup attempts than the health of the Supreme Court," reads the petition.

Jake Johnson ·


'Tipping Point of No Return' Feared as Amazon Rainforest Fires Surge

"Up to now, the Biden administration has only legitimized the Brazilian government's anti-Indigenous and anti-environmental agenda," said Greenpeace USA.

Jake Johnson ·


Biden Urged to Embrace Windfall Tax as Exxon Says Profits Doubled in Second Quarter

"It's time for the president to demand that Congress pass a windfall profits tax on Big Oil and use the revenue to provide rebates to consumers NOW!" wrote Sen. Bernie Sanders.

Jake Johnson ·


Texas Supreme Court Allows Century-Old Abortion Ban to Take Effect

"Extremist politicians are on a crusade to force Texans into pregnancy and childbirth against their will, no matter how devastating the consequences."

Jake Johnson ·

Common Dreams Logo