Manchin urges Democrats to nix Trump tax cuts to cool skyrocketing inflation
February 11, 2022 | West Virginia
Sen. Joe Manchin III urged fellow Democrats on Thursday to come together and gut the Trump-era tax cuts in the wake of bombshell inflation numbers.
The West Virginia Democrat told a local radio station in his home state that increasing taxes should be central to the Biden administration’s plan to combat inflation and rein in the deficit. In particular, Mr. Manchin called on Democrats to revise the 2017 Tax Cuts and Jobs Act passed by Republicans under former President Trump.
“We’ve got to get our financial house in order, get a tax bill that really puts us on a path to financial solvency,” Mr. Manchin told West Virginia MetroNews. “The only thing that Democrats agree on was that we all opposed the 2017 tax cuts, the way they finally came out and added $2 trillion of more debt … and with that, it went to the highest income earners.”… (Excerpts from the Washington Times)