President Donald Trump said on Wednesday the rich might see a hike in taxes as he pursues a major tax overhaul with outreach to Democrats who oppose cutting rates for the wealthy Leandro Castan Jersey , while Republicans in Congress set a timetable to unveil their plan.
The White House and the Republican-led Congress have not put forth a detailed tax plan despite months of talks that have excluded Democrats. House of Representatives Speaker Paul Ryan said an outline would be unveiled during the work week beginning Sept. 25, with congressional tax-writing committees crafting detailed legislation in the subsequent weeks.
Democrats have criticized the Republican tax overhaul efforts as benefiting mainly the wealthiest Americans. Trump, a real estate mogul, said the rich would not be making gains with the plan, which he said was geared toward providing the largest tax cut ever for the middle class and creating jobs.
“I think the wealthy will be pretty much where they are Kostas Manolas Jersey ,” Trump said of taxes on the rich, without specifying the income level. “If they have to go higher, they’ll go higher, frankly.”
Trump will host Senate Democratic leader Chuck Schumer and House Democratic leader Nancy Pelosi on Wednesday evening to discuss the legislative agenda with a focus on the tax overhaul after meetings with bipartisan groups of lawmakers on Tuesday night and Wednesday afternoon.
“We should be able to come together to make government work for the people,” Trump told reporters as he met with eight Democratic and five Republican House members to try to find common ground on taxes as well as immigration and healthcare.
Asked what his message was to skeptical conservatives who worry he is cozying up to Democrats Kevin Strootman Jersey , Trump said: “I‘m a conservative, and I will tell you I‘m not skeptical. And I think that if we can do things in a bipartisan manner, that’ll be great. Now it might not work out.
Trump blindsided Republican leaders last week by striking a deal with Schumer and Pelosi on the U.S. debt limit and federal spending for three months, and also spoke to them about how to resolve the fate of 800,000 young adults brought into the United States illegally as children Juan Jesus Jersey , the so-called Dreamers.
‘NO MATTER WHAT’
Ryan said the outline being worked on now would reflect the consensus of the House Ways and Means Committee, the Senate Finance Committee and the Trump administration.
“I would love to have the Democrats supporting and working with us in a constructive way on tax reform, but we’re going to do it no matter what,” Ryan said.
U.S. President Donald Trump meets with a bipartisan group of members of Congress, including U.S. Representative Josh Gottheimer (D-NJ) (L) and Representative Tom Reed (R-NY) (R) Juan Iturbe Jersey , at the White House in Washington, U.S. September 13, 2017. REUTERSJonathan Ernst
Asked about Trump’s comment on a possible tax increase for the wealthy, House Ways and Means