{"id":1129204,"date":"2021-12-17T18:28:49","date_gmt":"2021-12-17T23:28:49","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1129204"},"modified":"2021-12-17T18:28:50","modified_gmt":"2021-12-17T23:28:50","slug":"exclusive-tony-sayegh-trump-grew-wages-for-middle-class-biden-seeking-tax-cuts-for-rich","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/exclusive-tony-sayegh-trump-grew-wages-for-middle-class-biden-seeking-tax-cuts-for-rich\/","title":{"rendered":"Exclusive&#8211;Tony Sayegh: Trump Grew Wages for Middle Class, Biden Seeking Tax Cuts for Rich"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">28<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fexclusive-tony-sayegh-trump-grew-wages-for-middle-class-biden-seeking-tax-cuts-for-rich%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1129204&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div><img decoding=\"async\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2021\/11\/Trump-Biden-640x335-1.jpg\" class=\"ff-og-image-inserted\" \/><\/div>\n<p class=\"subheading\">While former President Trump grew the wages of working and middle class Americans, President Joe Biden is looking to provide billions in tax cuts to wealthy Democrat Party donors, a former adviser to Trump tells Breitbart News.<\/p>\n<p>In an exclusive interview with SiriusXM Patriot\u2019s <em>Breitbart News Saturday<\/em>, former White House senior adviser Tony Sayegh said that while Trump was busy <a href=\"https:\/\/archive.md\/qiDjh\">cutting taxes<\/a> for middle class Americans, Biden is focused on increasing the State and Local Tax (SALT) deduction to benefit the richest income earners.<\/p>\n<figure id=\"D-ROS-B1\" class=\"a8d\"><\/figure>\n<figure id=\"M-ROS-B1\" class=\"a8d\"><\/figure>\n<figure id=\"gmxrevmore\" class=\"H\"><\/figure>\n<p><strong>LISTEN:&nbsp;<\/strong><\/p>\n<p>\u201cWe had $2.3 trillion in tax cuts for American families, that\u2019s huge,\u201d Sayegh said. \u201cThe largest wage growth was among the lowest one-fifth of lowest earners, you saw that we were bringing jobs back that were offshored because we had the most incomprehensible tax policy that incentivized American businesses to keep their jobs and their investment out of our own country.\u201d<\/p>\n<figure id=\"M-ROS-B2\" class=\"a8d\"><\/figure>\n<p>\u201cWe doubled the standard deduction, we lowered rates, we added child care tax credits, dependent care tax credits \u2026 and as a result, by this data, those making between $15,000 to $50,000 saw their taxes drop by almost up to 26 percent,\u201d Sayegh continued:<\/p>\n<blockquote readability=\"17\">\n<p>If you think about how businesses reacted \u2026 look at <strong>Wal-Mart, for example, they raised their minimum wage from $12 to $15. That is a massive increase as a percentage of their income<\/strong> for every minimum wage employee and that wasn\u2019t just a tax cut, that\u2019s a wage increase. [Emphasis added]\n<p>\u2026<\/p>\n<p><strong>We had, within the first two months \u2026 we had 400 American companies increase direct investment into their employees<\/strong> whether that\u2019s larger paychecks, larger benefits, raising nonexecutive pay \u2026 extra bonuses \u2026 that makes the economy more productive. [Emphasis added]\n<\/blockquote>\n<p>Sayegh said that as a result, Trump ensured the realignment of working and middle class Americans to the Republican Party while Democrats increasingly represent the wealthy and multinational corporations.<\/p>\n<p>\u201cThe middle class of America has realigned to the Republican Party,\u201d Sayegh said. \u201cThe Republican Party under Donald Trump, after decades of being viewed as the party of the rich and the corporate interests and the special interests, became the party of the hardworking forgotten man and woman of America.\u201d<\/p>\n<p>\u201cThat cannot be completely ignored,\u201d Sayegh said. \u201cDonald Trump presided over one of the most massive realignments in political history of the blue-collar, hardworking Americans to the Republican Party while the corporate interests, the wealthier Americans have realigned to the Democrat Party.\u201d<\/p>\n<p>Meanwhile, as part of Biden\u2019s \u201cBuild Back Better Act,\u201d Democrats are seeking a <a href=\"https:\/\/www.breitbart.com\/politics\/2021\/12\/15\/analysis-joe-bidens-build-back-better-would-make-the-rich-even-richer\/\">$625 billion<\/a> tax cut for mostly the top one percent of income earners. As Breitbart News reported, new analysis reveals that the plan will&nbsp;provide an average tax cut of more than <a href=\"https:\/\/www.breitbart.com\/politics\/2021\/12\/15\/analysis-joe-bidens-build-back-better-would-make-the-rich-even-richer\/\">$16,000 in 2022<\/a> to Americans earning more than $885,000 a year.<\/p>\n<figure id=\"M-ROS-B3\" class=\"a8d adSo\"><\/figure>\n<p>Trump, on the other hand, lowered the SALT deduction to increase taxes on the wealthy.<\/p>\n<p>\u201cThe State and Local Tax (SALT) deduction was basically a cost driver \u2026 it was a good policy to take SALT and cap it at $10,000,\u201d Sayegh said.<\/p>\n<p>\u201cSALT is largely paid by high-income earners in high tax states,\u201d Sayegh continued. \u201cIt\u2019s basically a tax cut for the rich. Guess what the House Democrats have in their version of Build Back Better? Taking the $10,000 reduction for SALT and increasing it to $80,000 \u2014 that\u2019s a tax cut for the rich.\u201d<\/p>\n<p><em>Breitbart News Saturday airs on SiriusXM Patriot 125 from 10:00 a.m. to 1:00 p.m. Eastern.<\/em><\/p>\n<p><strong><em>John Binder is a reporter for Breitbart News. Email him at jbinder@breitbart.com. Follow him on Twitter&nbsp;<a class=\"x5l\" href=\"https:\/\/twitter.com\/JxhnBxnder\" target=\"_blank\" rel=\"noopener external\">here<\/a>.&nbsp;<\/em><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>While former President Trump grew the wages of working and middle class Americans, President Joe Biden is looking to provide billions in tax cuts to wealthy Democrat Party donors, a &#8230;<\/p>\n","protected":false},"author":14,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1129204","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1129204","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1129204"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1129204\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1129204"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1129204"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1129204"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}