Thursday, April 27, 2017

Trump’s tax proposal would open an enormous loophole for his own companies

President Donald Trump promised a huge, bold tax reform plan within his first 100 days aimed mostly at reducing taxes for the middle class.

But on Wednesday he released a whittled down outline centered around a reduction in the corporate tax rate, which is currently at 35 percent, to 15 percent. More details of a larger tax reform package, as well as how this one can be paid for and passed, are coming later, officials promise....
https://thinkprogress.org/trump-tax-plan-pass-throughs-1090f8c9cc81


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