Bannon’s Proposed Tax Increase Isn’t on the Table, Another Trump Aide Says

  • White House official Marc Short knocks down idea on Fox News
  • Bannon is said to support that top rate for high earners

Goolsbee Says Bannon Tax Plan Sounds Like Window Dressing

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A top income-tax rate of 44 percent for Americans earning more than $5 million per year isn’t under consideration, a White House official said Monday, knocking down a proposal said to be backed by top Trump adviser Steve Bannon.

“I don’t think that that’s on the table right now, to be honest with you,” White House director of legislative affairs Marc Short said on Fox News. “We don’t believe that raising taxes is the way to encourage growth.”