Economic Director Gary Cohn, left, with Treasury Secretary Steve Mnuchin, in the WH briefing room. Photo: Andrew Harnik / AP

When first rolling out the GOP tax plan, the Trump administration maintained that the wealthy "will not be gaining at all." In recent weeks, Trump's point men on tax reform, Gary Cohn and Steve Mnuchin, have conceded that their plan will benefit the rich, while saying that could actually be a positive.

Why it matters: In their efforts to sell the tax plan, which Trump and GOP leaders are pitching as a "raise" for middle class families, Trump's point men may actually be making things more difficult.

  • Here's Cohn to CNBC's John Harwood: "The whole trickle down ... is good for the economy," adding, "the most excited group out there are big CEOs, about our tax plan."
  • Last month, Mnuchin said that while the tax plan does cut rates for the wealthy, it's "very hard" to implement tax cuts without doing so.

Be smart: The claim that this plan is designed to help the rich isn't going away. Steve Bannon said recently of Cohn: "Ask him why they didn't design a tax plan focused on average Trump voters?" And Cohn's Obama era predecessor, Larry Summers, has said, "Look, they're doing what their money wants."

This post has been updated to correct the spelling of John Harwood's name.

Go deeper

Updated 2 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

  1. Global: Total confirmed cases as of 3 a.m. ET: 33,362,341 — Total deaths: 1,001,800 — Total recoveries: 23,153,572Map.
  2. U.S.: Total confirmed cases as of 3 a.m. ET: 7,149,073 — Total deaths: 205,069 — Total recoveries: 2,794,608 — Total tests: 102,342,416Map.
  3. Business: Companies are still holding back earnings guidance.
  4. Health: Trump announces plan to distribute 150 million rapid tests —The childless vaccine.
  5. Media: Fauci: Some of what Fox News reports about COVID-19 is "outlandish"
  6. States: Cuomo extends New York moratorium on evictions until 2021.
  7. World: More than 1 million people have now died from coronavirus — India the second country after U.S. to hit 6 million cases.

Kentucky attorney general to release Breonna Taylor jury deliberations

Attorney Ben Crump places his hands on the shoulders Tamika Palmer, Breonna Taylor's mother, near a mural of her daughter at Jefferson Square Park on Sept. 25 in Louisville, Kentucky. Photo: Michael M. Santiago/Getty Images

Grand jury proceedings in the case of Breonna Taylor, an unarmed Black woman fatally shot by police, will be released on Wednesday, Kentucky Attorney General Daniel Cameron confirmed to news outlets.

Driving the news: Cameron's announcement late Monday came hours after a judge granted an unnamed juror's court motion seeking the release of last week's transcripts and related recordings.

Bob Woodward: "I was not going to hide" my opinion on Trump

Bob Woodward didn't want to join Senate Republicans in privately condemning President Trump but declining to do so publicly, he told Jonathan Swan in an interview for "Axios on HBO."

Why it matters: Woodward has covered 9 presidents, but Trump is the first that Woodward explicitly described as "the wrong man for the job."