White House Budget Director Mike Mulvaney says the White House doesn’t really care which tax brackets pass in the final bill between the Senate or House versions. They are ok with whatever is able to pass:
CBS NEWS – White House Budget Director Mick Mulvaney suggested Monday that the administration would accept the number of individual income tax brackets in either the House or Senate Republican tax plan.
In an interview that only appeared on “CBS This Morning,” Mulvaney said that both bills meet key White House principles: ordinary, hard-working Americans will pay less, he said, and it will be “simpler” to pay taxes; and the corporate tax rate will come down.
Mulvaney said that the House and Senate tax overhauls “preserve those two very important principles.”
Asked if the White House favors the seven individual income tax brackets in the Senate bill or the four that are in the House measure, Mulvaney said, “We favor whatever can pass.”
“The number of rates doesn’t really change the simplicity of the code for ordinary folks,” he said.
I get his point – no doubt this is a step in the right direction. However the fewer the tax brackets the better. In fact there really should only be one main tax bracket because everyone should be taxed at the same rate. You know, equality.
But even on taxes there are too many quasi-RINOs in the Republican fold so that even when we win everything, we still can’t do exactly what needs to be done.