Part 6/10:
Bannon's perspective on tax cuts revealed some contradictions in his populist ethos. While he stressed the need for tax policies that support the working class and the middle class, he also expressed support for cuts that disproportionately benefit corporations. He acknowledged his history of advocating for raising taxes on upper-income brackets and corporations, but believed that a new wave of tax cuts could stimulate growth and ultimately benefit the lower and middle classes.
Newsom challenged Bannon's perspective, arguing that continued tax cuts could exacerbate deficits and ultimately harm working-class Americans. He suggested that responsible governance requires a focus on equitable taxation, particularly in light of catastrophic spending increases.