October 3, 2018

Fiscal Times: What Trump’s Family Finances Tell Us About the Tax System

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“The key takeaway,” said Alan Essig, director of the liberal Institute on Taxation and Economic Policy, “is that the wealthy and powerful abide by a different set of rules than the rest of us. … During his presidential campaign, President Trump called for closing the types of loopholes that allow some wealthy people to get ‘away with murder’ on taxes, yet his most significant legislative achievement, the Tax Cuts and Jobs Act, created a slew of new loopholes and amounted to a massive tax cut for the wealthiest Americans.” Read more



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