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National Economic Director Gary Cohn during a briefing at the White House in Washington, DC. (Photo: Mark Wilson/Getty Images)
Though President Donald Trump's top economic advisor Gary Cohn previously said he felt "enormous pressure" to resign his position from the administration after the president's disastrous equivocating on white supremacy and racism in the wake of a violent protest by neo-nazis in Charlottesville, Virginia earlier this year, he made clear at a Thursday press conference why he ultimately opted to stay for a very specific purpose: a chance to give massive tax cuts to the nation's corporations and wealthy.
"Why am I here?" Cohn said in response to a question by the New York Times' Jeff Zeleny. "I am here just for this reason. Think about the opportunity I'm involved in with President Trump, being able to rewrite the tax code - something that hasn't been done in thirty-one years... This is a once in a lifetime opportunity and I would never miss this."
Watch:
\u201cCohn on why he decided to stay at WH in the wake Charlottesville: Tax reform is a "once in a lifetime opportunity" https://t.co/pfFm8awxFG\u201d— CNN Politics (@CNN Politics) 1506625471
As analysis after analysis has shown, the outline of the tax reform put forth by the White House is undeniably and specifically geared toward giving the nation's wealthiest corporations and families tax cuts at the expense of social service programs that will inevitably be targeted in the face of dwindling revenues those giveways will create in the years and decades ahead.
And though Cohn himself said he struggled in the wake of Charlottesville--and reports indicated he even drafted a resignation letter--his comments on Thursday make it pretty clear that nothing remains more important to him than the chance to give massive tax relief to the Americans who deserve and need it least: the filthy rich like his former colleagues at Goldman Sachs and his new billionaire boss at the White House.
Trump and Musk are on an unconstitutional rampage, aiming for virtually every corner of the federal government. These two right-wing billionaires are targeting nurses, scientists, teachers, daycare providers, judges, veterans, air traffic controllers, and nuclear safety inspectors. No one is safe. The food stamps program, Social Security, Medicare, and Medicaid are next. It’s an unprecedented disaster and a five-alarm fire, but there will be a reckoning. The people did not vote for this. The American people do not want this dystopian hellscape that hides behind claims of “efficiency.” Still, in reality, it is all a giveaway to corporate interests and the libertarian dreams of far-right oligarchs like Musk. Common Dreams is playing a vital role by reporting day and night on this orgy of corruption and greed, as well as what everyday people can do to organize and fight back. As a people-powered nonprofit news outlet, we cover issues the corporate media never will, but we can only continue with our readers’ support. |
Though President Donald Trump's top economic advisor Gary Cohn previously said he felt "enormous pressure" to resign his position from the administration after the president's disastrous equivocating on white supremacy and racism in the wake of a violent protest by neo-nazis in Charlottesville, Virginia earlier this year, he made clear at a Thursday press conference why he ultimately opted to stay for a very specific purpose: a chance to give massive tax cuts to the nation's corporations and wealthy.
"Why am I here?" Cohn said in response to a question by the New York Times' Jeff Zeleny. "I am here just for this reason. Think about the opportunity I'm involved in with President Trump, being able to rewrite the tax code - something that hasn't been done in thirty-one years... This is a once in a lifetime opportunity and I would never miss this."
Watch:
\u201cCohn on why he decided to stay at WH in the wake Charlottesville: Tax reform is a "once in a lifetime opportunity" https://t.co/pfFm8awxFG\u201d— CNN Politics (@CNN Politics) 1506625471
As analysis after analysis has shown, the outline of the tax reform put forth by the White House is undeniably and specifically geared toward giving the nation's wealthiest corporations and families tax cuts at the expense of social service programs that will inevitably be targeted in the face of dwindling revenues those giveways will create in the years and decades ahead.
And though Cohn himself said he struggled in the wake of Charlottesville--and reports indicated he even drafted a resignation letter--his comments on Thursday make it pretty clear that nothing remains more important to him than the chance to give massive tax relief to the Americans who deserve and need it least: the filthy rich like his former colleagues at Goldman Sachs and his new billionaire boss at the White House.
Though President Donald Trump's top economic advisor Gary Cohn previously said he felt "enormous pressure" to resign his position from the administration after the president's disastrous equivocating on white supremacy and racism in the wake of a violent protest by neo-nazis in Charlottesville, Virginia earlier this year, he made clear at a Thursday press conference why he ultimately opted to stay for a very specific purpose: a chance to give massive tax cuts to the nation's corporations and wealthy.
"Why am I here?" Cohn said in response to a question by the New York Times' Jeff Zeleny. "I am here just for this reason. Think about the opportunity I'm involved in with President Trump, being able to rewrite the tax code - something that hasn't been done in thirty-one years... This is a once in a lifetime opportunity and I would never miss this."
Watch:
\u201cCohn on why he decided to stay at WH in the wake Charlottesville: Tax reform is a "once in a lifetime opportunity" https://t.co/pfFm8awxFG\u201d— CNN Politics (@CNN Politics) 1506625471
As analysis after analysis has shown, the outline of the tax reform put forth by the White House is undeniably and specifically geared toward giving the nation's wealthiest corporations and families tax cuts at the expense of social service programs that will inevitably be targeted in the face of dwindling revenues those giveways will create in the years and decades ahead.
And though Cohn himself said he struggled in the wake of Charlottesville--and reports indicated he even drafted a resignation letter--his comments on Thursday make it pretty clear that nothing remains more important to him than the chance to give massive tax relief to the Americans who deserve and need it least: the filthy rich like his former colleagues at Goldman Sachs and his new billionaire boss at the White House.