From Fortune Magazine:

Chase CEO Jamie Dimon advocates for taxing the wealthy more to support the poor in a specific push to expand the Earned Income Tax Credit. Lawmakers are debating reforms and changes for the EITC and the Child Tax Credit, which predominantly helps low-income families. Dimon supports giving more to poorer Americans and increasing taxes on wealthier Americans to pay for it.

Former House Speaker Paul Ryan joins the conversation to suggest eliminating the State And Local Tax deduction. Dimon agrees, showing support despite how it may affect his social circle in wealthy New York.

Jamie Dimon’s comments were followed by a response from former House Speaker Paul Ryan, who supports the elimination of the State And Local Tax deduction. Dimon agrees, despite personal repercussions in wealthy New York.

Lawmakers are holding a panel discussion on expanding the Earned Income Tax Credit, with Dimon advocating increased taxes on wealthier Americans to pay for it.

Chase CEO Jamie Dimon is advocating for higher taxes on the rich to support the poor through expanding the Earned Income Tax Credit and Child Tax Credit.

Lawmakers are debating the expansion of the Earned Income Tax Credit and Child Tax Credit, with Dimon proposing a tax increase on wealthier Americans to fund it. Former House Speaker Paul Ryan is supporting the discontinuation of the State And Local Tax deduction, with Dimon showing high agreement despite personal impact.



Read more: Jamie Dimon says wealthy should pay higher taxes to give more aid to low-income people