Mnuchin: When Tax Cuts Are Done Properly, They’re Pro-Growth and ‘You End Up with More Revenues’

‘I think that tax cuts, selectively work’

RUSH EXCERPT:
MNUCHIN: "When tax cuts are done properly, their pro-growth and you end up with more revenues. If you look at the corporate tax rate which we reduced to 21%, we actually have much higher corporate tax revenue today than we did when we had higher taxes previously. I think that tax cuts, selectively work. Obviously there is a lot of issues, the first priority should be extending tax cuts from the tax cuts and job act. There are other areas that President Trump has talked about on the campaign. I think you have to look at those and there needs to be the necessary guardrails around them when they are implemented."

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