By Kevin McCoy, includes "... "There will be a tax cut for the middle class," banker, movie producer and former Goldman Sachspartner Steven Mnuchin told CNBC's Squawk Box in his first public comments on the incoming administration's economic priorities. "Any tax cuts that we have for the upper class will be offset by less deductions to pay for it." Tax deductions for charitable contributions would still be allowed, he said. There would be a cap on mortgage interest payments, though "some deductibility" would continue, said Mnuchin. ..."
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