Now playing: All videos by number1 user

Guess Who Trump's Tax Plan Benefits The Most

  • Uploaded 7 months ago in the category White House

    PROVIDED BY CNNNEXT.COM

    If you guessed Donald Trump and his pack of spoiled rotten sociopaths, you're correct!

    &q

    ...

    PROVIDED BY CNNNEXT.COM

    If you guessed Donald Trump and his pack of spoiled rotten sociopaths, you're correct!

    "President Donald Trump’s tax proposal would likely amount to a fat tax cut for Trump himself.

    The proposal, unveiled on Wednesday afternoon by Treasury Secretary Steven Mnuchin and National Economic Council Director Gary Cohn ― both alumni of Goldman Sachs ― offers more than a few breaks for the country’s millionaires.

    At least three of these changes would almost certainly benefit the president or his family ― the elimination of the alternative minimum tax or AMT, the repeal of the estate tax, and a reduction on the tax rate for small business owners.

    We know almost nothing about the current state of Trump’s personal taxes or that of his family business.

    The president could make it clear exactly how he and his family would benefit from his tax plan by releasing his tax returns, but he has consistently refused to do so, saying it’s impossible because he is under audit.

    (The head of the IRS said last year that being audited did not prevent an individual from releasing returns.)”*



  • # Donald Trump
show more show less