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Steve Bannon wants 44% tax rate on income above $5 million

Matching what Trump said on the campaign trail, Steve Bannon wants to raise taxes on the rich to pay for government programs and cut taxes on the middle-class. The House meets to discuss tax reform.

"White House chief strategist Steve Bannon supports paying for middle class tax cuts with a new top rate of 44% for Americans who make more than $5 million a year, according to a person familiar with his thinking."

Or we could just stop stealing money from everybody and spend LESS at the federal level. Our government sets a new record every year in tax receipts and STILL spends more than it brings in!

http://economictimes.indiatimes.com/news/international/world-news/steve-bannon-wants-44-tax-rate-on-income-above-5-million/articleshow/59798829.cms

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