Wichita Eagle: Did Donald Trump get tax tips from Sam Brownback?
media mention“Matt Gardner, the executive director of the Institute on Taxation and Economic Policy, sees some similarities between Trump’s tax proposals unveiled this week and the tax changes Brownback ushered into law during his first term in office.
Gardner scrutinized Trump’s tax plan in a post on the liberal-leaning think tank’s Tax Justice Blog Wednesday, scrutinizing Trump’s claims that he would raise taxes on hedge-fund managers, who Trump has said on the campaign trail are “getting away with murder.”
Gardner pointed out that while Trump’s plan would eliminate a loophole for private investment funds, his plan would also give hedge-fund managers an “even larger tax break … by creating a new, low 15 percent tax rate for pass-through business income.””