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“That’s correct.” Trump Treasury chief admits tax scam won’t increase wages for years

It did not go well – especially when “Face the Nation” host John Dickerson pressed Mnuchin on claims that the tax bill will result in higher wages for Americans.

“But that’s not wages,” Dickerson interjected.

After trying similar evasions, Mnuchin was forced to admit that Dickerson was correct, and that even by the Trump White House’s own reckoning, the wage effects of the plan are many years away:

DICKERSON: But for something that’s being sold to people as ‘Wages are going to go up, happy days are here again. You’re going to see happy days starting in February, where hard-working families see that they have more money. You’re going to see cuts anywhere from $2,000 to $4,000 for medium families with two kids.

DICKERSON: OK. Difference between what people see in their taxes going down versus the paychecks.

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