Steve Bannon issued a warning to President Donald Trump against extending tax cuts for the wealthy. Newsweek reached out to the White House for comment via email on Thursday. The economy remains ...

Bannon stance on tax cuts puts him at odds with Elon Musk - a new, prominent ally of Trump who helped secure the 2024 election - as someone who has previously demonized taxes on the billionaire class.

STEVE BANNON (HOST): We're gonna get back to the Big Beautiful Bill and financing all this, but people should understand, it looks like chaos right now, it's actually not. Or it's not as chaotic as it ...

Steve Bannon has stoked the tension between Donald Trump and Elon Musk. The feud began when Musk pushed lawmakers to reject ...

Or not give the tax cut to the wealthy—not for right now, just can't happen." Although he disagreed with aspects of the legislation, Bannon defended the broader economic vision behind it ...

with the massive tax cut [...] he’s going to give the working class and the middle class, the math only works out if you actually increase taxes on the wealthy,” Steve Bannon, whose estimated ...

Bannon argues that the current tax system is unsustainable and ... internal disagreements on the viability of spending cuts, Trump's complex stance, and the ideological battle between traditional ...

Andrew Stanton is a Newsweek weekend reporter based in Maine. His role is reporting on U.S. politics and social issues. Andrew joined Newsweek in 2021 from The Boston Globe. He is a graduate of ...