SUBSCRIBE TO OUR FREE NEWSLETTER
Daily news & progressive opinion—funded by the people, not the corporations—delivered straight to your inbox.
5
#000000
#FFFFFF
5
#000000
#FFFFFF
President Donald Trump speaks about tax reform during a bicameral meeting on December 13, 2017 at the White House in Washington, D.C. (Photo: Chris Kleponis - Pool/Getty Images)
Trump Told His Wealthy Mar-a-Lago Pals 'You All Just Got a Lot Richer' Thanks to GOP Tax Plan: Report
"Trump said his tax bill was terrible for his rich friends. Now he's bragging about giving them a big tax cut."
Dec 24, 2017
In what was described as a rare moment of honesty, President Donald Trump reportedly told his wealthy friends dining at Mar-a-Lago Friday night that "you all just got a lot richer."
"At least Trump is finally telling the truth about his tax bill."
--Sen. Bernie Sanders
The comments--first reported by CBS News on Sunday--came just hours after Trump signed the $1.5 trillion Republican tax bill into law.
According to two of Trump's friends who described the Friday-night event to CBS, the president "directed those comments to friends dining nearby at the exclusive club." Given that the Mar-a-Lago initiation cost is $200,000 and annual dues are $14,000, it's safe to assume that those "friends" are "some of the most affluent members of society."
As Common Dreams has reported, Trump has been increasingly open about the central objectives of the GOP tax bill since it passed both houses of Congress. On Friday, Trump bragged that "corporations are literally going wild" about the legislation, comments that came a few days after Trump described the bill's corporate rate cut as "probably the most important factor."
Polls have consistently found that Americans did not buy the GOP's attempt to present their tax bill as a boon for the middle class. A CBS News poll published earlier this month found that 76 percent of Americans believe the Republican tax bill will benefit large corporations, while only 31 percent said they believe it will help the middle class.
Independent analyses have shown this view of the bill to be correct. According to the nonpartisan Tax Policy Center, 80 percent of the bill's benefits will go to the top one percent by 2027, while millions of middle class Americans will see their taxes rise.
On social media, critics of the president noted that--at least in private--"Trump is finally telling the truth about his tax bill."
\u201cAt least Trump is finally telling the truth about his tax bill. https://t.co/pEwx0DvRiq\u201d— Bernie Sanders (@Bernie Sanders) 1514130573
\u201cTrump said his tax bill was terrible for his rich friends. Now he\u2019s bragging about giving them a big tax cut. https://t.co/z9wPtPyBFk\u201d— Judd Legum (@Judd Legum) 1514132093
\u201c\u201cI have some very wealthy friends -- not so happy with me\u201d - Trump to voters at a Missouri rally\n\n"You all just got a lot richer\u201d - Trump to wealthy friends at Mar-a-Lago\n\nThis GOP tax bill was a scam to hoodwink average folks, hook up the wealthiest Americans. This proves it.\u201d— Adam Best (@Adam Best) 1514104084
Join Us: News for people demanding a better world
Common Dreams is powered by optimists who believe in the power of informed and engaged citizens to ignite and enact change to make the world a better place. We're hundreds of thousands strong, but every single supporter makes the difference. Your contribution supports this bold media model—free, independent, and dedicated to reporting the facts every day. Stand with us in the fight for economic equality, social justice, human rights, and a more sustainable future. As a people-powered nonprofit news outlet, we cover the issues the corporate media never will. |
Our work is licensed under Creative Commons (CC BY-NC-ND 3.0). Feel free to republish and share widely.
In what was described as a rare moment of honesty, President Donald Trump reportedly told his wealthy friends dining at Mar-a-Lago Friday night that "you all just got a lot richer."
"At least Trump is finally telling the truth about his tax bill."
--Sen. Bernie Sanders
The comments--first reported by CBS News on Sunday--came just hours after Trump signed the $1.5 trillion Republican tax bill into law.
According to two of Trump's friends who described the Friday-night event to CBS, the president "directed those comments to friends dining nearby at the exclusive club." Given that the Mar-a-Lago initiation cost is $200,000 and annual dues are $14,000, it's safe to assume that those "friends" are "some of the most affluent members of society."
As Common Dreams has reported, Trump has been increasingly open about the central objectives of the GOP tax bill since it passed both houses of Congress. On Friday, Trump bragged that "corporations are literally going wild" about the legislation, comments that came a few days after Trump described the bill's corporate rate cut as "probably the most important factor."
Polls have consistently found that Americans did not buy the GOP's attempt to present their tax bill as a boon for the middle class. A CBS News poll published earlier this month found that 76 percent of Americans believe the Republican tax bill will benefit large corporations, while only 31 percent said they believe it will help the middle class.
Independent analyses have shown this view of the bill to be correct. According to the nonpartisan Tax Policy Center, 80 percent of the bill's benefits will go to the top one percent by 2027, while millions of middle class Americans will see their taxes rise.
On social media, critics of the president noted that--at least in private--"Trump is finally telling the truth about his tax bill."
\u201cAt least Trump is finally telling the truth about his tax bill. https://t.co/pEwx0DvRiq\u201d— Bernie Sanders (@Bernie Sanders) 1514130573
\u201cTrump said his tax bill was terrible for his rich friends. Now he\u2019s bragging about giving them a big tax cut. https://t.co/z9wPtPyBFk\u201d— Judd Legum (@Judd Legum) 1514132093
\u201c\u201cI have some very wealthy friends -- not so happy with me\u201d - Trump to voters at a Missouri rally\n\n"You all just got a lot richer\u201d - Trump to wealthy friends at Mar-a-Lago\n\nThis GOP tax bill was a scam to hoodwink average folks, hook up the wealthiest Americans. This proves it.\u201d— Adam Best (@Adam Best) 1514104084
In what was described as a rare moment of honesty, President Donald Trump reportedly told his wealthy friends dining at Mar-a-Lago Friday night that "you all just got a lot richer."
"At least Trump is finally telling the truth about his tax bill."
--Sen. Bernie Sanders
The comments--first reported by CBS News on Sunday--came just hours after Trump signed the $1.5 trillion Republican tax bill into law.
According to two of Trump's friends who described the Friday-night event to CBS, the president "directed those comments to friends dining nearby at the exclusive club." Given that the Mar-a-Lago initiation cost is $200,000 and annual dues are $14,000, it's safe to assume that those "friends" are "some of the most affluent members of society."
As Common Dreams has reported, Trump has been increasingly open about the central objectives of the GOP tax bill since it passed both houses of Congress. On Friday, Trump bragged that "corporations are literally going wild" about the legislation, comments that came a few days after Trump described the bill's corporate rate cut as "probably the most important factor."
Polls have consistently found that Americans did not buy the GOP's attempt to present their tax bill as a boon for the middle class. A CBS News poll published earlier this month found that 76 percent of Americans believe the Republican tax bill will benefit large corporations, while only 31 percent said they believe it will help the middle class.
Independent analyses have shown this view of the bill to be correct. According to the nonpartisan Tax Policy Center, 80 percent of the bill's benefits will go to the top one percent by 2027, while millions of middle class Americans will see their taxes rise.
On social media, critics of the president noted that--at least in private--"Trump is finally telling the truth about his tax bill."
\u201cAt least Trump is finally telling the truth about his tax bill. https://t.co/pEwx0DvRiq\u201d— Bernie Sanders (@Bernie Sanders) 1514130573
\u201cTrump said his tax bill was terrible for his rich friends. Now he\u2019s bragging about giving them a big tax cut. https://t.co/z9wPtPyBFk\u201d— Judd Legum (@Judd Legum) 1514132093
\u201c\u201cI have some very wealthy friends -- not so happy with me\u201d - Trump to voters at a Missouri rally\n\n"You all just got a lot richer\u201d - Trump to wealthy friends at Mar-a-Lago\n\nThis GOP tax bill was a scam to hoodwink average folks, hook up the wealthiest Americans. This proves it.\u201d— Adam Best (@Adam Best) 1514104084
We've had enough. The 1% own and operate the corporate media. They are doing everything they can to defend the status quo, squash dissent and protect the wealthy and the powerful. The Common Dreams media model is different. We cover the news that matters to the 99%. Our mission? To inform. To inspire. To ignite change for the common good. How? Nonprofit. Independent. Reader-supported. Free to read. Free to republish. Free to share. With no advertising. No paywalls. No selling of your data. Thousands of small donations fund our newsroom and allow us to continue publishing. Can you chip in? We can't do it without you. Thank you.