Bill de Blasio: We Need to Repeal Those Trump Tax Cuts

‘Put that money back in the hands of working people’

EXCERPT:

DE BLASIO: "Stephanie, one difference. It’s working more for the wealthy and the 1 percent than it ever has in decades. And that’s a dangerous reality. But here’s the problem. I would happily ensure that the wealthy pay their fair share in taxes. That’s controlled by our state government and our federal government. You give me the power to do it, we’ll do it. But let me tell you something. If we had national legislation to take back, repeal those Trump tax cuts for the wealthy and corporations, put that money back in the hands of working people, through things like an infrastructure plan. That’s how you change this country. If it’s national, then you don’t have one locality fighting each other over tax levels. The other thing I want to be very blunt about, to your point, yeah, there are some rich people looking for lower tax jurisdictions. We’ve also seen a net gain in millionaires in this city and people actually want to be here and paying their taxes loyally. So I would say to you, this is a national problem that we’ve got to be blunt about. The status quo can’t continue.” 

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