Mitt Romney offered rare praise for President Trump, praising his decision not to cut capital gains taxes
Mitt Romney is offering rare praise for President Donald Trump, hailing his decision not to index capital gains taxes to inflation as the right choice both politically and economically.
to Treasury Secretary Steven Mnuchin, Romney said he welcomes “President Trump’s focus on the welfare of American workers.”“Not only would such a change stand on dubious constitutional and legal ground, but it would primarily benefit wealthy investors without supporting American workers,” Romney said of changing tax law on capital gains. Moreover, Romney warned: “Encouraging investors to sell their stocks through inflation indexing could risk a sell-off.
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