Treasury Sec. Bessent on the Trump Bill: This Is a Middle and Working Class Bill, We’re Going to See Wages Accelerate

RUSH EXCERPT:
BESSENT: "Well, first. Let‘s have a look. At the Yale budget lab, because I was looking. At their. Findings, and this week I actually. Went on. Their website. They‘re all ex Biden officials. So I think we can discount everything they say. I‘d encourage all your viewers to look at the composition of both the board and the staff, and it‘s just not right that what we have here is a middle class and working class bill that we we are going to see wages accelerate and we are going to see, just as we saw with President Trump‘s first tax bill, we are making permanent these. Tax cuts. And what happened in 2017, 2018 was the highest wage earners went from paying 37% of all taxes to 45%. so that‘s going to be permanent now. So permanently the highest 10% will pay a higher percent of the taxes."