August 30, 2017

HuffPost: Donald Trump Kicks Off Push For Tax Reform In Missouri

media mention

The president spoke at an event at Loren Cook Co., which manufactures fans, blowers and lab exhaust systems. The company’s owner donated to Trump and to various Missouri GOP officials during the 2016 campaign cycle.

We don’t know much yet about Trump’s plan for tax reform ― but based on the broad outlines released by the administration, experts say the wealthy would enjoy the greatest benefits. Millionaires in Missouri, for example, would receive an average tax cut of $190,560 in 2018, equal to 7.9 percent of their income, according to the nonpartisan Institute on Taxation and Economic Policy. Read more



Share