President Trump on Wednesday touted his plan to overhaul the nation’s tax system by promising it’s “not good” for wealthy individuals like the president. 

“I’m doing the right thing, and it’s not good for me, believe me,” the president said.

He promised the plan will deliver on his promise to help his working-class supporters by lowering their taxes, creating new jobs and boosting wages.

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Trump said that the “wealthy and well-connected” can beg him all they want for a more favorable tax plan, but that “it’s not going to help.”