President Trump went to the "Winter White House," his Mar-a-Lago resort in Florida, on Friday, where CBS News reports he told friends dining at his club, "You all just got a lot richer" because of the GOP tax overhaul he'd signed several hours earlier. Two sources at a nearby table described the comments to CBS.
In public statements before the bill became law, Trump repeatedly claimed he, as a wealthy person, would take a financial hit so that ordinary Americans could pay lower taxes. In April, Trump said he would "probably pay more" after the reform, and in November he said he'd be a "big loser" and lose "a fortune." Since the legislation was finalized, analysis has shown Trump will save millions annually under the new system.
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
Acid rain is back: the sequel nobody wantedUnder The Radar A 'forever chemical' in rainwater is reviving a largely forgotten environmental issue
-
Book reviews: 'Clint: The Man and the Movies' and 'What Is Wrong With Men: Patriarchy, the Crisis of Masculinity, and How (Of Course) Michael Douglas Films Explain Everything'Feature A deep dive on Clint Eastwood and how Michael Douglas' roles reflect a shift in masculinity
-
Recreation or addiction? Military base slot machines rake in millions.Under the Radar There are several thousand slot machines on military bases
-
India rejects Trump threat over Russian oilSpeed Read The president said he would raise tariffs on India for buying and selling Russian oil
-
NY's Hochul vows response to Texas gerrymanderSpeed Read Gov. Kathy Hochul has promised to play ball with redistricting that favors the Democrats
-
Texas Democrats exit state to block redistricting voteSpeed Read More than 51 legislators fled the state in protest of the GOP's plan to redraw congressional districts
-
Trump criticized for firing BLS chief after jobs reportSpeed Read Bureau of Labor Statistics chief Erika McEntarfer oversaw a July jobs report that the president claims was rigged
-
Trump revives K-12 Presidential Fitness TestSpeed Read The Obama administration phased the test out in 2012, replacing it with a program focused on overall health rather than standardized benchmarks
-
El Salvador scraps term limits, boosting Nayib BukeleSpeed Read New constitutional changes will allow presidents to seek reelection an indefinite number of times
-
Trump assigns tariffs, delays all except on CanadaSpeed Read A 35% tariff on many Canadian goods has gone into effect
-
Harris rules out run for California governorSpeed Read The 2024 Democratic presidential nominee ended months of speculation about her plans for the contest
