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Donald Trump seems to have thrown his own tax plan out the window — or has he?
During an appearance on ABC News’ “This Week,” he told host George Stephanopoulos that if elected president, he will work out a tax plan with Democrats, which will more than likely increase tax rates on the wealthy.
“They will go up a little bit, and they may go up—” Trump began.
“But they’re going down in your plan,” Stephanopoulos said.
“No, no, in my plan, they’re going down, but by the time it’s negotiated, they’ll go up,” the presumptive Republican presidential nominee said. “When I’m negotiating with the Democrats, I’m putting in a plan. I’m putting in my optimum plan. It’s going to be negotiated, George. It’s not going to stay there. They’re not going to say, ‘There’s your plan, let’s approve it.’ They’re going to say, ‘Let’s see what we can do.’ It’ll be a negotiation.”
Stephanopoulos asked the candidate how he would be affected personally.
“But in the end, will someone like me or Donald Trump pay more under you tax plan?” he asked.
“I have a feeling we pay some more,” Trump said. “But I’ll tell you the middle class is going to pay a lot less. And I wouldn’t mind paying more, George. We’ve got to do something … But business will pay less. The middle class will pay less.”
“On the taxes on the wealthy, you say you’re willing to pay more?” Stephanopoulos asked.
“I am willing to pay more, and you know what, wealthy are willing to pay more,” Trump said. “We’ve had a very good run.”
The plan Trump introduced last year provided for significant cuts to income taxes, estate and gift taxes as well as business taxes for the very wealthy, with somewhat more modest tax cuts for the middle class.
“So that would be a big change from your plan,” the ABC News host said.
“No, it’s not a change, George,” Trump insisted. “It’s a negotiation.”
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ABC News clip via The Washington Free Beacon.
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