In an unusual development, Right-wing news site Breitbart News, a considered Pro-Trump administration media house has attacked President Trump’s tax plan on Thursday, arguing that it wouldn’t help the people he claimed it would.
Breitbart in an article published by John Carney on Thursday morning, ripped the GOP’s framework for tax reform, asserting that Trump pitched the plan to truck drivers “who may see little or no direct benefit” on Wednesday night.
Carney wrote, “There’s very little in the framework, moreover, that would directly benefit most truckers”, saying that Trump’s plan would raise taxes for a family making the median income for truck drivers by about $200 a year.
Trump sold his tax reform plan in Pennsylvania in front of a crowd of truck drivers, telling his audience the plan would be “rocket fuel” for America’s economy.
President Trump had in the tax reform pitch to the truckers in Harrisburg, Pennsylvania said, “It will be rocket fuel for the economy,” Trump said Wednesday. “You’re going to make more money. You’re going to do better than ever before. And we truly admire you. You are our heroes, believe me”. “You are our heroes”, he echoed.
“My Council of Economic Advisors estimates that this change, along with a lower rate, would likely give the typical American household a $4,000 pay raise,” Trump added.
Carney’s argument, however, undercuts Trump’s plan to eliminate personal exemptions, saying it will reduce the basic income exemptions available for middle-class families.
Breitbart is led by erstwhile White House chief strategist Steve Bannon and despite his promise to use the popular news site as a gun for Trump, its reports and actions since then have been an indirect attack on the White House.
“In other words, under the Trump plan more of a family’s income would be subject to income tax than under current law. So even if their rates fall, they could still wind up paying more in taxes,” Carney stressed.
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