Doubling down on attacking anyone who has doubts about Trump's tax plans, even if that is the IMF:
Quote:The IMF on Tuesday raised its outlook for growth in the U.S. for this year and next, but left out any impact from proposed tax cuts. In June, the IMF removed any assumption of a fiscal boost, calling President Donald Trump’s goal of 3 percent annual growth unlikely. The Treasury on Wednesday disputed the IMF’s forecast, with a department official telling reporters that the reforms are a work in progress. The IMF shouldn’t be rating the odds on whether the administration can enact an overhaul to the U.S. tax code, said the senior official, who spoke to reporters on the condition of anonymity.Trump Officials Blast IMF for Discounting Impact of Tax Cuts - Bloomberg
The official also disputed the fund’s conclusion in a separate report that less progressive tax rates could generate inequality and slow growth. If the U.S. cuts tax rates, job growth will boost real median income, the official said. Mick Mulvaney, the White House’s budget director, also criticized the fund, saying it’s among skeptics that are “heavily invested” in the tax plan not working. “There are folks that are invested in seeing this fail because if it works then what is their argument for re-regulating?” Mulvaney said in an interview with the Financial Times published Wednesday.