Mnuchin: Americans Will See This Tax Cut in Their Paychecks in February

DICKERSON Let me ask ░░░░░░░░ though about on the ░░░░░░░░ top rate is going ░░░░░░░░ The president at one ░░░░░░░░ said the wealthy won ░░░░░░░░ be getting a tax ░░░░░░░░ Now they will as ░░░░░░░░ drops from 39 6 ░░░░░░░░ 37 Now that balances ░░░░░░░░ the deduction in state ░░░░░░░░ local but only for ░░░░░░░░ people who live in ░░░░░░░░ state and local tax ░░░░░░░░ So again to this ░░░░░░░░ of priorities Mark Sanford ░░░░░░░░ from South Carolina said ░░░░░░░░ a truth in advertising ░░░░░░░░ it would have been ░░░░░░░░ lot simpler if we ░░░░░░░░ acknowledged the reality on ░░░░░░░░ bill which is it ░░░░░░░░ fundamentally a corporate tax ░░░░░░░░ and restructuring bill period ░░░░░░░░ s your response to ░░░░░░░░ MNUCHIN Not the case ░░░░░░░░ all Pass throughs have ░░░░░░░░ lowest rates that they ░░░░░░░░ had since the 1930s ░░░░░░░░ s a huge part ░░░░░░░░ engine of growth of ░░░░░░░░ and medium sized businesses ░░░░░░░░ are going to create ░░░░░░░░ of jobs And this ░░░░░░░░ about hardworking families that ░░░░░░░░ going to see starting ░░░░░░░░ February tax cuts We ░░░░░░░░ already working at the ░░░░░░░░ to update the tax ░░░░░░░░ and update the tax ░░░░░░░░ And they re going ░░░░░░░░ see this in their ░░░░░░░░ in February.