Trump Tax Overhaul Gives BILLIONS to Trump & Cabinet, 1.9 TRILLION to the rich.
https://www.democracynow.org/2017/10/23/trumps_proposed_tax_overhaul_would_give
As the Senate narrowly passes a budget bill that clears the path for a historic tax reform, well look at how President Trumps proposed tax overhaul would shower billions of dollars in tax cuts upon the wealthiest Americansincluding President Trumps family and members of his administration. An analysis by the Center for American Progress Action Fund shows President Trumps family and Trumps Cabinet members would, combined, reap a $3.5 billion windfall from the proposed repeal of the estate tax alone. Trumps plan would cap the tax rate on pass-through income at 25 percenta move that would also shower millions in savings upon millionaires and billionaires. We speak with economist James Henry of the Tax Justice Network and Pulitzer Prize-winning journalist David Cay Johnston, whose latest piece is titled Nine Reasons Trumps Tax Plan Will Hurt You.