Article snippet: Posted at 5:30 pm on July 3, 2017 by Susan Wright White House chief strategist Steve Bannon is pushing to jack up taxes on the wealthy, in order to pay for serious tax cuts for middle and working-class Americans. It sounds great, until you remember this was supposed to be a Republican administration, and Republicans don’t tend to see punishing success as a viable way of growing the economy. From Axios: Meanwhile, Gary Cohn and Treasury Secretary Steven Mnuchin are going in the absolute opposite direction. Their aggressive goal is to slash the corporate tax rate. And if that doesn’t happen in 2017? Cohn has said he will walk. If true, then it would prove just how seriously Cohn is about seeing these tax cuts happen. So why is Bannon pushing against those Trump brought on board to work through the very complicated issues of budget and taxes? Because, as some have speculated, it would be just the kind of populist message he’s hoping to promote. It would be popular, as some polls have suggested that the majority see the wealthy as not paying enough, and it would likely meet his goal of driving Cohn out. That makes sense. Given what we know about the current version of an Obamacare repeal bill, nobody wants it, and it will likely fail. That’s a black eye the administration will be looking to fix, right away. Link to the full article to read more