‘You All Just Got A Lot Richer’: Trump Explains Tax Plan To Mar-a-Lago Elite

Here is what Donald Trump said about his tax plan late last month in Missouri speaking to an invitation-only crowd of 1,000 at a convention center:

Got that? Here’s the transcript:

Our focus is on helping the folks who work in the mail rooms and the machine shops of America, the plumbers, the carpenters, the cops, the teachers, the truck drivers …. the people that like me best. The rich people don’t like me, which is sort of interesting.

He also said this:

Here’s the transcript for that ridiculous quotable:

This is not good for me. Me, it’s not so — I have some very wealthy friends. Not so happy with me, but that’s OK. You know, I keep hearing Schumer: ‘This is for the wealthy.’ Well, if it is, my friends don’t know about it.

Right. So for one thing, that completely refutes the first quote, now doesn’t it? After all, he said the rich people “don’t like him” and then he moved right along to talk about his “wealthy friends.” Apparently, no one in the audience was discerning enough to pick up on that rather blatant contradiction.

Besides that, the idea that his wealthy friends “don’t know about it” is patently absurd because literally everyone who cares to read the independent analysis of the plan “knows about it.” As a reminder, here’s how these tax “cuts” will play out by 2027:

Taxes2

Any questions? If so, you can read the full breakdown here.

But just in case Trump’s “friends” were in any way, shape or form unclear as to what the tax bill means for them, the President cleared that right up on Friday evening. Here’s CBS:

President Trump kicked off his holiday weekend at Mar-a-Lago Friday night at a dinner where he told friends, “You all just got a lot richer,” referencing the sweeping tax overhaul he signed into law hours earlier. Mr. Trump directed those comments to friends dining nearby at the exclusive club — including to two friends at a table near the president’s who described the remark to CBS News — as he began his final days of his first year in office in what has become known as the “Winter White House.”

The president has spent many weekends of his presidency so far at the “Winter White House,” where initiation fees cost $200,000, annual dues cost $14,000, and some of the most affluent members of society have the opportunity to interact with the president in a setting while many Americans cannot.

And as for whether record highs on the stock market are helping the “the folks who work in the mail rooms and the machine shops of America, the plumbers, the carpenters” and the “local milk people”, the answer is definitively “no”:

StockHouseholds

Merry Christmas low income America.

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