Trump seeks to clarify remarks about taxes on wealthy Americans


  • World
  • Tuesday, 10 May 2016

Republican U.S. presidential candidate Donald Trump speaks at a campaign rally in Eugene, Oregon, U.S., May 6, 2016. REUTERS/Jim Urquhart/File Photo

WASHINGTON (Reuters) - Republican presidential candidate Donald Trump backtracked on Monday on his remarks about raising taxes on wealthy Americans, saying the rich might simply get a smaller tax cut than he originally proposed.

Trump walked away from his Sunday comment that taxes on the wealthy would "go up" once his broad tax policy proposals, which include tax cuts for rich Americans, were negotiated with Congress. That appeared to be a break with traditional Republican support for lower taxes in all income brackets.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

Teenager charged with terrorism over Sydney bishop stabbing
UK PM Sunak to consult on tougher rules to combat 'sick note culture'
Weekly storage of natural gas in U.S. increases: EIA
U.S. stocks end mixed, S&P 500 down for 5th day
Canada to host UN event for global solution to end plastic pollution
U.S. stocks close mixed
India begins voting in gigantic election as Modi seeks historic third term
Crude futures settle mixed
Bosch Group to harness climate action for future growth
U.S. dollar ticks up

Others Also Read