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Cohn on tax plan: "Trickle down" is a good thing

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.