Report: Bannon Pushing for Tax Hike on Wealthy

White House chief strategist Steve Bannon appears to be running against the grain of President Donald Trump’s tax-cut push, as the former Breitbart News executive reportedly is hoping for a top income tax bracket with a „4 in front of it.“

Axios reports Bannon is angling for a tax hike on America’s wealthiest citizens, who currently face a 39.6 percent federal tax burden.

The idea broadly fits into the populist ideology Bannon is said to embrace, as it reportedly would be used to offset tax cuts for middle- and working-class Americans. But it doesn’t mesh particularly well with the strategy thus far pushed by Trump, Treasury Secretary Steven Mnuchin and senior Republican lawmakers.<p> FILE - In this April 29, 2017, file photo, Steve Bannon, chief White House strategist to President Donald Trump tours The AMES Companies, Inc., with the president in Harrisburg, Pa. More than 40 percent of White House staffers earn in excess of $100,000 a year, according to new salary details released Friday. And some of the wealthiest aides to President Donald Trump aren't paid at all. Bannon is being paid $179,700. (AP Photo/Carolyn Kaster, File) </p>

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