House Speaker Paul Ryan said Friday that Republicans will include a fourth income tax bracket in their tax-overhaul plan so that top earners "do not see a big rate cut."
"This is about the people, about half of which in this country are living paycheck to paycheck, and giving them a break on their taxes," Ryan said on "CBS This Morning." The speaker said he disagreed with White House economic adviser Gary Cohn’s statement that he can’t guarantee some middle-class Americans won’t pay more taxes under the plan.
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I believe the tax rates should be such that people like Gates, Bezos, Soros, cannot possibly get so wealthy that they can buy our government like they do.
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