WATCH: White House Inches Closer to Axing 401(k) Tax Benefits For Middle Class Families
American Bridge spokesperson Andrew Bates released the following statement after White House Press Secretary Sarah Huckabee Sanders appeared on Fox News and repeatedly failed to say whether Americans’ 401(k) tax benefits were negotiable or not.
“This is an alarming dodge from the White House on a simple question – is Donald Trump going to break his promise on 401(k) tax benefits that middle class families count on for retirement savings or not? The backwards tax plan that Trump and Republicans are developing behind closed doors would already raise taxes on millions of middle class familieswhile giving 80% of its breaks to the richest 1% of taxpayers. This is not a game – Donald Trump and Sarah Huckabee Sanders need to come clean if they are planning to ax a key retirement planning tax deduction.”
On October 23, President Trump pledged to the American people that there would be […]
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