Mick Mulvaney: No One Can Say What Percentage of the Tax Cuts Goes to the Top 1% Because It’s Not Finished

RUSH EXCERPT:

MULVANEY: "No. In fact I don’t think anybody can and anybody who says they can is simply lying to you. Why is that? Because the bill is not finished yet. Keep in mind, what we introduced was the framework, the basic agreement between the white House and house and Senate leadership. What’s missing from that — it’s not being hidden, it just doesn’t exist yet — are things like details on the deductions, details on the brackets. It’s impossible to sit down and say this will be the impact on this wage earner or this family at this particular time. What assumptions are you going to make about the state and local tax deduction removal? What assumptions are you going to make about where the brackets are set? These are things that get done during the ordinary course of business in Congress which I understand will start in the house next week. Yes there are folks who have a vested interest in saying it will be a giveaway to the rich or that it’s a bad plan, those are folks who probably wrote those press releases long before the framework was released. I’ve seen the criticisms and all I can tell Yo is that no one can make detailed analysis of the plan because it’s not finished."