Steve Bannon Advocates Higher Taxes on Wealthy and Corporations

Former Trump strategist calls for tax hikes to fund cuts for working-class Americans, challenging GOP orthodoxy.

Steve Bannon, former White House strategist for President-elect Donald Trump, has called for significant tax increases on corporations and wealthy individuals.
Bannon argues that raising taxes on the wealthy would support economic policies focused on benefiting working-class Americans and building a lasting political coalition.
He criticized traditional Republican economic policies, including tax breaks for corporations, and suggested that Trump's administration should pursue a 'populist nationalist' agenda.
Bannon also supports eliminating taxes on tips, overtime pay, and Social Security to reduce the financial burden on middle- and working-class Americans.
The proposal contrasts with Trump’s campaign pledge to extend his 2017 tax cuts, which primarily benefited high-income earners and corporations.