Cohn: 'Our opening and final offer are on the table' on taxes

[DonViejo]

By LOUIS NELSON 09/28/2017 04:34 PM EDT

The business tax rates outlined by Republicans in their proposed tax reform blueprint represent the GOP’s “final offer,” White House economic adviser Gary Cohn said Thursday afternoon — unless Democrats are interested in cutting rates even further.

“Our opening offer and our final offer are on the table. We were happy to start at 25 and we're happy to go lower, and we're happy to start at 20 on corporate and go lower,” Cohn told reporters at Thursday’s White House news briefing. “So there's our opening offer. If he wants to counter something lower, we're very negotiable.”

The “he” referred to Senate Minority Leader Chuck Schumer (D-N.Y.), who said in remarks on the Senate floor Thursday that “Democrats understand that small businesses need a break. We will work with our colleagues to do it.” Schumer has otherwise panned the Republican proposal, labeling it “wealthcare” because of what he said are too many benefits for wealthy Americans.

Cohn has said the administration's proposed corporate tax rate of 20 percent, compared with the current 35 percent, allowed "no room to negotiate." He also appeared to refer to a 25 percent proposed rate for so-called pass-through businesses, many of which are small.

more
http://www.politico.com/story/2017/09/28/gary-cohn-tax-reform-final-offer-243266

[spanone]

1. take it or leave it, eh? DEAD ON ARRIVAL.

[NightWatcher]

2. Theyre not even trying to pass anything.

[kentuck]

3. Why is he a Democrat?

He is what can credibly be called a DINO. It helps him to get his agenda thru by pretending to be a Democrat. They usually show their true selves whenever taxcuts are involved.